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have they cashed out or not is still a question mark. its obvious blumont is way way overvalue and they could have off loaded bit by bit during those times. If they still holding on tightly to its shares i really dunno wat to say..
Bigmama ( Date: 04-Oct-2013 19:00) Posted:
Was ipco management too greedy? They had a few hundred million gain. If they play it wrong..... Puff ... All gone. They had that chance to cash out and make ipco rich...(.or did they?) ....and ipco can be a very different company...... Now it never be the same.
Trust me.... We will not see 6 cents period. Don't let some crazy fool talk you otherwise. Now last week spike is it a pump and dump? |
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have they already cashed out or not is still a question mark. Its obvious tat blumont is way way overvalue and they could have off load slowly during those times. If they are still holding on to its shares now i really dunno wat to say..
Bigmama ( Date: 04-Oct-2013 19:00) Posted:
Was ipco management too greedy? They had a few hundred million gain. If they play it wrong..... Puff ... All gone. They had that chance to cash out and make ipco rich...(.or did they?) ....and ipco can be a very different company...... Now it never be the same.
Trust me.... We will not see 6 cents period. Don't let some crazy fool talk you otherwise. Now last week spike is it a pump and dump? |
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Was ipco management too greedy? They had a few hundred million gain. If they play it wrong..... Puff ... All gone. They had that chance to cash out and make ipco rich...(.or did they?) ....and ipco can be a very different company...... Now it never be the same.
Trust me.... We will not see 6 cents period. Don't let some crazy fool talk you otherwise. Now last week spike is it a pump and dump?
Blumont's price was probably fried upwards to allow SSHs to pledge their shares for leverage?
The oil and gas business in China and US properties are only a small portion of their overall business as indicated by its revenues.
Their main business and gains are thru investments.
Ipco is definitely attractive given it's exposure to investments as stocks are still in their historical lows after the financial crisis, and now is just the beginning of the u turn of the business trough, it'll takes about 5 to 6 years before it reached saturation point.
Isolator ( Date: 04-Oct-2013 17:28) Posted:
Actually i dont understand why many so concern about the innopac and blumont investment... This is not what make ipco attractive.... Just look into their 2 main business.... oil and gas in china and US property..... Enjoy.... |
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agree. ipco's current price is still well within its own fundamentals, regardless of its gains in innopac and blumont. its growth story will be its expanding gas industries in china and increasing gas prices.
spss1955 ( Date: 04-Oct-2013 18:04) Posted:
Hi xtraderx, for a long time, ipco's price did not move very much despite Blumont's spectacular rise. If the BBs had to " manipulate" Blumont's stock price by more than 10x to " generate" a 80-100% rise in Ipco's price, then I don't consider their effort to be very successful, right? Assuming if what you're saying is correct.
Furthermore, that spike in Ipco's price to 4.6c was so short-lived. I can't imagine the BBs working so hard to win their prize for one day.
Ipco's rise and fall was, as we all know, due to expectations and stock play and not due to the reason as you mentioned in your post. Sorry to contradict you again.
xtraderx ( Date: 04-Oct-2013 17:36) Posted:
| Should be crystal clear to you now. : |
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Hi xtraderx, for a long time, ipco's price did not move very much despite Blumont's spectacular rise. If the BBs had to " manipulate" Blumont's stock price by more than 10x to " generate" a 80-100% rise in Ipco's price, then I don't consider their effort to be very successful, right? Assuming if what you're saying is correct.
Furthermore, that spike in Ipco's price to 4.6c was so short-lived. I can't imagine the BBs working so hard to win their prize for one day.
Ipco's rise and fall was, as we all know, due to expectations and stock play and not due to the reason as you mentioned in your post. Sorry to contradict you again.
xtraderx ( Date: 04-Oct-2013 17:36) Posted:
Should be crystal clear to you now. :)
spss1955 ( Date: 30-Sep-2013 13:23) Posted:
Hi xtraderx,
Sorry, I can't understand the logic. - BBs control Blumont's price to induce retailers to buy ipco shares to make huge profits? The BBs at Blumont are already making huge profits if they offload Blumont shares in a control way, ie, without crashing the price.
Consider this: Blumont's price rose 10x from 0.26 on 3 Jan to about 2.42 today. Ipco's price was 0.024 on 3 Jan, and the highest to got to was 0.047, almost 2x. Which counter price has soared? Blumont or ipco? If I'm the BBs at both counters, which counter am I sitting on with most profits?
Hope I'm not missing anything. Quite new to trading and I'm trying to understand your rationale |
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if ipco get suspended, he will vomit out the lobster......lol
Isolator ( Date: 04-Oct-2013 17:45) Posted:
If you never post that 2ct TP...... I may believe you...... LOL
fastandfuriousch ( Date: 04-Oct-2013 17:43) Posted:
sorry for the late posting, just having a early lobster dinner.
THANKS ALL FOR MAKING PROJECT A a hit.
PROJECT B will start next week.
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Now, this guy is the REAL sifu!
fastandfuriousch ( Date: 04-Oct-2013 17:43) Posted:
sorry for the late posting, just having a early lobster dinner.
THANKS ALL FOR MAKING PROJECT A a hit.
PROJECT B will start next week.
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If you never post that 2ct TP...... I may believe you...... LOL
fastandfuriousch ( Date: 04-Oct-2013 17:43) Posted:
sorry for the late posting, just having a early lobster dinner.
THANKS ALL FOR MAKING PROJECT A a hit.
PROJECT B will start next week.
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guess the deal will be off since the price of $2.02 is not achievable now
k2kingkong ( Date: 04-Oct-2013 17:39) Posted:
SIAS called for SGX to investigate. SGX did not announce that it has started any investigation. Blumont share price dropped was linked to its proposed purchase of a proposed takeover of a foreign-listed coal company for about S$146 million ($117 million), sending its shares plummeting 39
percent.
Blumont did not name its target, but said it had made previous investments in the company. A company it has invested in, Australian-listed coal explorer Cokal Ltd, went on a trading halt at the same time.
If SGX has started investigation against Blumont and related companies, there has been no announcement. If many people knew that SGX has commenced investigation, who are they ? wouldn't they be guilty of insider trading ? Has SGX acted in a transparent way ?
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sorry for the late posting, just having a early lobster dinner.
THANKS ALL FOR MAKING PROJECT A a hit.
PROJECT B will start next week.
I think its extremely unlikely for Blumont to hit $2 again, the gig is up, cat is out of the bag now.
teeth53 ( Date: 04-Oct-2013 17:37) Posted:
This time if Blumont din see or touch high of $2/- ++ again, (since in the same boat?), may even take more then 52 wk or long to float up, it took a year to hit 3.3c n ONLY one/two days to fall.
Rosesyrup ( Date: 04-Oct-2013 17:27) Posted:
Lol, 2 questions:
- What is the chance of stock hitting 52 weeks low?
- Out of the stocks hitting 52weeks low, what is the chance of them bouncing up again?
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SIAS called for SGX to investigate. SGX did not announce that it has started any investigation. Blumont share price dropped was linked to its proposed purchase of a proposed takeover of a foreign-listed coal company for about S$146 million ($117 million), sending its shares plummeting 39
percent.
Blumont did not name its target, but said it had made previous investments in the company. A company it has invested in, Australian-listed coal explorer Cokal Ltd, went on a trading halt at the same time.
If SGX has started investigation against Blumont and related companies, there has been no announcement. If many people knew that SGX has commenced investigation, who are they ? wouldn't they be guilty of insider trading ? Has SGX acted in a transparent way ?
Those forummer whose mood has been affected badly by ipco fall when longing.... Please review your understanding of holding power...... I believe you have invest not within your means.... Luckily this is ipco as you can still take back your losses and with profit later on again..... Enjoy...
This time if Blumont din see or touch high of $2/- ++ again, (since in the same boat?), may even take more then 52 wk or long to float up, it took a year to hit 3.3c n ONLY one/two days to fall.
Rosesyrup ( Date: 04-Oct-2013 17:27) Posted:
Lol, 2 questions:
- What is the chance of stock hitting 52 weeks low?
- Out of the stocks hitting 52weeks low, what is the chance of them bouncing up again?
solidbuy ( Date: 04-Oct-2013 17:24) Posted:
| I didnt play those counters(including ipco) so I can see more clearly and provide people with more advices. For me, I will only buy when the price is 52 weeks low........come come 020... |
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1. now is 28, with the ongoing sendiments, shutdown and debt ceiling coming, chances are 50% (my guess)
2. look at the chart you should know.
3. If it really doesn't touch 020, I can always play other counters. But If it really touch, I will long for years until 5cts or more.
Either way, I don't lose...
Rosesyrup ( Date: 04-Oct-2013 17:27) Posted:
Lol, 2 questions:
- What is the chance of stock hitting 52 weeks low?
- Out of the stocks hitting 52weeks low, what is the chance of them bouncing up again?
solidbuy ( Date: 04-Oct-2013 17:24) Posted:
| I didnt play those counters(including ipco) so I can see more clearly and provide people with more advices. For me, I will only buy when the price is 52 weeks low........come come 020... |
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Should be crystal clear to you now. :)
spss1955 ( Date: 30-Sep-2013 13:23) Posted:
Hi xtraderx,
Sorry, I can't understand the logic. - BBs control Blumont's price to induce retailers to buy ipco shares to make huge profits? The BBs at Blumont are already making huge profits if they offload Blumont shares in a control way, ie, without crashing the price.
Consider this: Blumont's price rose 10x from 0.26 on 3 Jan to about 2.42 today. Ipco's price was 0.024 on 3 Jan, and the highest to got to was 0.047, almost 2x. Which counter price has soared? Blumont or ipco? If I'm the BBs at both counters, which counter am I sitting on with most profits?
Hope I'm not missing anything. Quite new to trading and I'm trying to understand your rationale.
xtraderx ( Date: 30-Sep-2013 12:48) Posted:
To rig Blumont's share price, that much is obvious. Blumont is a cornered stock, SSHs can't sell their shares (dumping the float in open market) without crashing it. The question that people should be asking is why rig Blumont's share price? My own speculation is that Blumont is just a proxy thats used to control IPCO's price behaviour. The cost of rigging Blumont's price is negligible (they don't lose money if they don't dump the shares onto the public), but the gains from IPCO's soaring share price is potentially huge i.e pump up blumont to induce public to buy IPCO shares from the manipulators.
Note that this is pure speculation only, and I have no vested interest in IPCO or Blumont |
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What a day! Am going to watch a movie tonight with wifey and chill out...
Isolator ( Date: 04-Oct-2013 17:28) Posted:
Actually i dont understand why many so concern about the innopac and blumont investment... This is not what make ipco attractive.... Just look into their 2 main business.... oil and gas in china and US property..... Enjoy.... |
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'cos that will really be long long term.. im long term, but not that long like 5-10 years lol.. the huge paper gain is more attractive to me now at this point in time as it is there black & white.. the oil & gas, not even sure if management able to deliver the potential
Isolator ( Date: 04-Oct-2013 17:28) Posted:
Actually i dont understand why many so concern about the innopac and blumont investment... This is not what make ipco attractive.... Just look into their 2 main business.... oil and gas in china and US property..... Enjoy.... |
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