RafflesEdu   

Raffles Edu

as said in Nov, i do not like this counter (when price even at 48 cents that time)....remember "DO NOT LOSE MONEY"...good luck :)

 

13-Nov-2009 15:49	RafflesEdu   /   Raffles Edu       Go to Message
x 0 x 0	FYI, this is one counter that i will avoid and ignore in the next 3 years based on fundamental and technical indicators...good luck :) Remember the 3 rules: Rule 1: Never Lose Money Rule 2: Never Lose Money Rule 3: Go back to Rule 1

 

Yes, adding an extra lot to the queue may sustain the buy queue so that the sell program cannot proceed to the next lower bid.  I calculated that this way at the closing bell, the seller would have sold 10,080 lots, though he has no chance to buy back to make a contra gain.  So normally at the closing they must buy back at whatever price.  There is big big big money here to be make by biger biger biger biger boys, lol.

ekekeg      ( Date: 16-Dec-2009 10:08) Posted: How to counter this?  Any computer experts here? Logically, the only way is to send a counter program to add 3 lots to the queue at @39 cents, once every 5 seconds also, so at the end of the day, you buy everything he/she sold and wait for delivery or buy-in, right?. ekekeg      ( Date: 16-Dec-2009 10:00) Posted: I noticed it too.  Someone is using an auto pilot program to sell 2 lots at 39 cents every 5 seconds.  Some experts are really experts.  Think they are the sharks

 

How to counter this?  Any computer experts here?

Logically, the only way is to send a counter program to add 3 lots to the queue at @39 cents, once every 5 seconds also, so at the end of the day, you buy everything he/she sold and wait for delivery or buy-in, right?.

ekekeg      ( Date: 16-Dec-2009 10:00) Posted: I noticed it too.  Someone is using an auto pilot program to sell 2 lots at 39 cents every 5 seconds.  Some experts are really experts.  Think they are the sharks. Laulan      ( Date: 16-Dec-2009 09:50) Posted: The software program is still sell 2000 shares @ 0.39 every few seconds.  Someone better send an alert to the computers, as it could destroy the market.

 

I noticed it too.  Someone is using an auto pilot program to sell 2 lots at 39 cents every 5 seconds.  Some experts are really experts.  Think they are the sharks.

Laulan      ( Date: 16-Dec-2009 09:50) Posted: The software program is still sell 2000 shares @ 0.39 every few seconds.  Someone better send an alert to the computers, as it could destroy the market.

 

The software program is still sell 2000 shares @ 0.39 every few seconds.  Someone better send an alert to the computers, as it could destroy the market.

 

RafflesEdu broke support at 39.5 cents , it may free fall to the downside target .

Bintang      ( Date: 15-Dec-2009 21:10) Posted: RafflesEdu not only closed down to the supporting at 39.5 cents , but also had a heavy volume done in daily trading . ADX is still on the rising , this shows the downtrend is gaining momemtum . To go down to 34 cents looks possible by now . Bintang      ( Date: 15-Dec-2009 13:21) Posted: Today RafflesEdu has touched the support at 39.5 cents with huge volume . It would break this support any time

 

Seem the software program ran into a hitch and sell 2000 shares a few seconds intervals.  It was wrongly programmed, I think.

ekekeg      ( Date: 16-Dec-2009 09:18) Posted: Coming soon.  But may die out  if directors don't support the shares as well. tanstg      ( Date: 16-Dec-2009 08:59) Posted: Shall wait for it to move to it next low liao....may re-enter at 35-37cts

 

Coming soon.  But may die out  if directors don't support the shares as well.

tanstg      ( Date: 16-Dec-2009 08:59) Posted: Shall wait for it to move to it next low liao....may re-enter at 35-37cts

 

Shall wait for it to move to it next low liao....may re-enter at 35-37cts

 

RafflesEdu not only closed down to the supporting at 39.5 cents , but also had a heavy volume done in daily trading . ADX is still on the rising , this shows the downtrend is gaining momemtum . To go down to 34 cents looks possible by now .

Bintang      ( Date: 15-Dec-2009 13:21) Posted: Today RafflesEdu has touched the support at 39.5 cents with huge volume . It would break this support any time . Bintang      ( Date: 14-Dec-2009 20:51) Posted: Today RafflesEdu went down again with large volume , this is not a good signal , since the ADX is turning up at 31 , this shows that the share price in the near term may go down further if the ADX keeps on going up .Short term support is at 39.5 cents , n further down may achieve the downside target at 34 cents

 

So much negativity! Maybe it's time to buy ? 

 

The mgt bo choi kang one...hopeless company...

 

Raffles has to improve its financial results first before its share price can rise up. No other way round it. Its investment in OUC is proving to be a dud. It needs to shore it up or else its plans to list it (and pay its debts) will be in ruins. 

 

Aiyoh! Can buy already lah. Already gana trashed enough with balookoo everywhere ! Buy now or be square huh !

risktaker      ( Date: 15-Dec-2009 15:30) Posted: Hi guys, just drop by to say hi. In france atm. DAMN COLD HERE. HEY i never accumulate any RE or short this baby. Dont put my words in my mouth pls leh. Just got SMS from sg saying RE kenna Trashed today. LOL Not me please

 

Hi guys, just drop by to say hi. In france atm. DAMN COLD HERE. HEY i never accumulate any RE or short this baby. Dont put my words in my mouth pls leh. Just got SMS from sg saying RE kenna Trashed today. LOL Not me please

 

"Vice-President" may just be a title for a sales executive lah.  You know bank vice-president can either be a trader or a marketing man. His position in a bank is not top ranking.

So RE VPs might just be similar as giving "a dog a name" to eleviate his status

Who knows, he might have met many objections while doing sales or marketing, so he came up with a letter to rebut the newspaper allegation. In most organizations you are not supposed to write and send out circular or letter without consent so this could be just a slack of supervision of administrative procedures that escaped top management's attention.

 

Poor reflection of the school and on the image of Singapore regardless of who wrote or vetted the report !!!  Being an educational institution, it has to be extra careful of what is written.  It gives a bad image and impression of Singapore as an international educational hub.

albeniz      ( Date: 15-Dec-2009 14:54) Posted: The letter was written by an education service provider?  We could roughly gauge the standard of RafflesEdu from the way this letter was written.

 

The letter was written by an education service provider? 

We could roughly gauge the standard of RafflesEdu from the way this letter was written.

 

Erm...the name of the VP doesn't look like vietnamese leh... 

ekekeg      ( Date: 15-Dec-2009 14:37) Posted: Too many typo errors.  Vietnamese are very poor in written English.  Probably the circular was not properly vetted by the right people, and was more for commercial than educational.

 

..purposes.