
this counter went to sleep mode...
Bryanchoo ( Date: 24-Oct-2012 17:11) Posted:
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jyjy93: i faced this dilemma as well. this counter is really being 'controlled' heavily.my decision is being affected by analyst reports as well. Any advice?
Should i continue holding on to this stock until the next financial announcement? it keeps dropping...
Some analysts' reports are done based on certain reasons. Mostly to profit, of course.
One of the notorious ones will be by Gxxdman Sxxhs. They have ulterior motives.
Scare the market for the house to pick up on the cheap.
Or paint pictures of phoenix and dragons  for small fish to bite, and they take profit off the top.
You may use their reports as a guide. Do NOT believe everything that you read.
It's good to compare a few analysts' reports to see if they are consistent about the counter.
Like  STXOSV  seems to be a darling now. 
Be a discerning investor.
And only buy at oversold conditions to maximise probabilities going in your favour.
Pick up a bit of basic TA and it will go a long way for you.
 
Friend catalyst, you are right about opportunity cost. But there has been no opportunities for me to park my money. I am not a punter or speculator  capable of making smart moves in the market based on charts and gut feel. If I didn't park my cash in Biosensors, it would be parked in the bank earning no interest. With Biosensors, I have a chance to do better and Biosensors' performance has been impressive. I still can't find the reason why its stock price is sliding and neither can the stock analysts.
By the way, I wasn't averaging down. I thought I was getting a better deal when the price went down further. My stop-loss strategy was limiting my bet to only 20 lots and no matter  how attractive  Biosensors got.   

 
 
catalyst ( Date: 21-Oct-2012 23:39) Posted:
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To average down, you will need a lot of bullets. And average down at round numbers i.e. 1.30 1.20 wld be a better bet.
I know it's not loss yet till it's realized. But oppurtunity costs while holding is itself a loss when you have to hold for a year or so.
Yup, been there before and it's definitely a pain in the neck.
I know it's not loss yet till it's realized. But oppurtunity costs while holding is itself a loss when you have to hold for a year or so.
Yup, been there before and it's definitely a pain in the neck.
yiming2000 ( Date: 21-Oct-2012 01:25) Posted:
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This company has indeed good fundamentals but i still prefer something with better dividends...
yiming2000 ( Date: 21-Oct-2012 01:25) Posted:
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It's not costly unless I cash out. For now, it is just a pain in the ass. 
I caught it at 1.50 when it fell from 1.70 and bought 10 lots. Then when it drop further to 1.45, I caught it again with another 10 lots. It shot back up to 1.65 and I was happy until it slid down and down and down. I think the analyst are idiots.
I didn't put a stop loss because Biosensors is a young company with strong fundamentals and I was prepared to park my cash for a year at least. I wouldn't be so upset if it was not for its peculiar price movement that doesn't flow with the market and looks as though some people are manipulating its price. I don't like this. Biosensors may have strong fundamentals but there seems to be crooks playing around with it.
Not good. 

 
catalyst ( Date: 19-Oct-2012 23:01) Posted:
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Sorry man, I can't explain. Even ah.wei sounds more knowledgeable than me. 

I am just repeating what others were saying a while back about why warrants are the reason why the BBs are messing around with the stock price. Perhaps, some sifus here like infancybird can explain.
tea444u ( Date: 20-Oct-2012 00:51) Posted:
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just curious, this counter last time ipo is it around 60 cts??
hi... can you explain why you said that price may jump after options expire in October?   thanks 
yiming2000 ( Date: 17-Oct-2012 21:26) Posted:
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Costly lesson for you I guess. Sorry to hear about your paper loss.
You could have caught it when it's on a strong downward momentum  easily breaking past  support $1.49 on 17Apr.
It's better to put a stop loss in place early than sitting out a year or more.
Don't enter a building if you don't know where to exit if things go wrong.
yiming2000 ( Date: 19-Oct-2012 22:43) Posted:
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Friend ah.wei, I didn't mean options. I meant to say warrants. Sorry.
As everyone knows, Biosensors is a highly touted stock by analysts giving it a high fair value of 1.80 based on strong fundamentals of high
profit margins, strong cash pile  and good prospects. Yet, its stock price has been stumbling along below 1.20. Isn't that a lousy performance especially when I am losing $6,900 on my 20 lots bought at 1.48 more than 6 months ago?
It is sickening sitting around to wait for this stock to get back to 1.48 so I can dump it all.
Get it?

ah.wei ( Date: 17-Oct-2012 22:29) Posted:
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i dun get you?? what u mean by the option?? and u say is a lousy stock how come it going back to 1.60??
yiming2000 ( Date: 17-Oct-2012 21:26) Posted:
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Wah! Still slipping down further? This is really a lousy counter. Let's see what happens after options expire in October. Price should jump to 1.60 then. 
i myself had alr brought n keep alr... the answer is bioseners doing equipment for hosptial and doing medical equipment.. and now this sector oni few companys is doing it.. so i tink it will rise when time comes... Cheers..
just my personal view
neutral ( Date: 10-Oct-2012 13:11) Posted:
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It it not ready to move yet...dont need be the first one to buy ....let's wait for the right time.
neutral ( Date: 10-Oct-2012 13:11) Posted:
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Biosensors International Group, Ltd (" Biosensors" or the " Company" ) will announce its results for the second quarter and the first half of financial year ending 31 March 2013, on 7 November 2012 after trading hours.
why does this biosensers keep dropping when so many forumners from many stock forums keep posting this stocks is one of the BEST buys?.
Got forumners from CNA even posted this biosensers is the single BIGGEST counter that they vest MOST of their money in.
Me not vested yet though