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Contel Corp

I've unloaded all the Contel shares i bought via contra at 0.101. Re-enterring at 0.098. Let's  HUAT together!

 

BB is going to pull a stunt they did like yesterday.

 

Everyone knows the T+5 selling pressure won't kick in. Cos if price is above their entry, any price they sell also earn money. Where's the selling pressure to sell even lower ? Mostly everyone will wait till T+5 to milk the max next week. The volume yesterday can't even compare to the volume on 22 and 25 March. You'll need the total volume on Monday and Tuesday to win the volume on 22 and 25 march. 

 

So I would say there's no selling pressure at all. If you scared, just sell. Don't miss the boat. Cos you sell on friday means price run up on monday cos it will be less than 5 days for the RTO announcement.  

theyoungone      ( Date: 03-Apr-2013 12:02) Posted: Do note that  Thurs/Fri would be T+3 for most of the contra buyers who loaded on Mon/Tues during the initial breakout. I expect more selling to  follow in the coming days. Price should stay around the range of 0.098-0.104  for the rest of this week. More upside to come next week when a new wave of contra players take their positions and BBs start to make their move with the RTO in view.

 

Do note that  Thurs/Fri would be T+3 for most of the contra buyers who loaded on Mon/Tues during the initial breakout. I expect more selling to  follow in the coming days. Price should stay around the range of 0.098-0.104  for the rest of this week. More upside to come next week when a new wave of contra players take their positions and BBs start to make their move with the RTO in view.

 

Push.........

 

ummm ... understand now ...

terencee      ( Date: 03-Apr-2013 10:49) Posted: Notice earlier sell down ? From 100 down to 98. then instantly run back up 99/100. There's no room for shorts like that. BB is trying to lure someone to short before snapping up to make a run. Its always a trap. I expect more actions during second half of trading preferably closer to 4pm. 3 days in a row Contel opened up. Then selling will come in for a while. Towards the end of the day, buying will come back for the next day's opening. seanpent      ( Date: 03-Apr-2013 10:42) Posted: not sure what will turn out later for those who missed the rally, but attempt to short yesterday or toda

 

Notice earlier sell down ? From 100 down to 98. then instantly run back up 99/100. There's no room for shorts like that. BB is trying to lure someone to short before snapping up to make a run. Its always a trap. I expect more actions during second half of trading preferably closer to 4pm. 3 days in a row Contel opened up. Then selling will come in for a while. Towards the end of the day, buying will come back for the next day's opening.

seanpent      ( Date: 03-Apr-2013 10:42) Posted: not sure what will turn out later for those who missed the rally, but attempt to short yesterday or today Huatahearnmoney      ( Date: 03-Apr-2013 10:33) Posted: Too tight for them to short comfortably. Support is too strong. I wonder who will take the risk O.o

 

not sure what will turn out later for those who missed the rally, but attempt to short yesterday or today

Huatahearnmoney      ( Date: 03-Apr-2013 10:33) Posted: Too tight for them to short comfortably. Support is too strong. I wonder who will take the risk O.o seanpent      ( Date: 03-Apr-2013 10:24) Posted: do you think more short sellers will start to surface?

 

ok, got it ...

Huatahearnmoney      ( Date: 03-Apr-2013 10:33) Posted: Too tight for them to short comfortably. Support is too strong. I wonder who will take the risk O.o seanpent      ( Date: 03-Apr-2013 10:24) Posted: do you think more short sellers will start to surface?

 

Too tight for them to short comfortably. Support is too strong. I wonder who will take the risk O.o

seanpent      ( Date: 03-Apr-2013 10:24) Posted: do you think more short sellers will start to surface?

 

do you think more short sellers will start to surface?

 

Today cfm no show one.. I think best time is Friday run up already. Cos T+5 just nice next Friday and every contra holders who don't wanna go through the RTO will be selling. 

 

Today is consider discount buy before the chiong 

winterQQ      ( Date: 03-Apr-2013 10:01) Posted: LOL... 19 Feb - open 65, high 97 = 22 cents push (V: 728M) I only set 115 and 118, not greedy ah...hahaha already an hr, V< 60M I think no show today (but pls prove me wrong, I want to be wrong) Contel chiong ah... terencee      ( Date: 03-Apr-2013 09:43) Posted: Contel on discount for today. LOL..

 

The frustrations will make man do many weird things. I was one of the people stuck. My initial entry was 102. I almost fainted when UOBKH curb Contel and all my contel in UOBKH. LOL!!! I had no choice but to call my broker to avg down every time I got a chance. 

srichipan      ( Date: 03-Apr-2013 10:00) Posted: Yah. Then again if the RTO is true probably not all will want to exit now also. Likely to break 1.2 with the RTO? terencee      ( Date: 03-Apr-2013 09:58) Posted: Apr 15 is the date to watch out for RTO. So price will go up from here now onwards. Just remember 100-119 have a lot of people stucked and will need a little time for them to exit. But there will be people who avg down previously and wanting to exit at their initial entry. So the queue will definitely be there. Once BB decided that they have collected enough, things will run up once more.

 

If you looking for one with RTO potential then can take a look at CEFC. But speculation only so play small small

seanpent      ( Date: 03-Apr-2013 10:00) Posted: with such agood example of Contel ... hopefully can park some money into another great RTO  potential  ... but must find a crystal ball reader to interpret his foresight ...

 

LOL...

19 Feb - open 65, high 97 = 22 cents push (V: 728M)

I only set 115 and 118, not greedy ah...hahaha

already an hr, V< 60M I think no show today (but pls prove me wrong, I want to be wrong)

Contel chiong ah...

terencee      ( Date: 03-Apr-2013 09:43) Posted: Contel on discount for today. LOL..

 

Yah. Then again if the RTO is true probably not all will want to exit now also. Likely to break 1.2 with the RTO?

terencee      ( Date: 03-Apr-2013 09:58) Posted: Apr 15 is the date to watch out for RTO. So price will go up from here now onwards. Just remember 100-119 have a lot of people stucked and will need a little time for them to exit. But there will be people who avg down previously and wanting to exit at their initial entry. So the queue will definitely be there. Once BB decided that they have collected enough, things will run up once more.  srichipan      ( Date: 03-Apr-2013 09:55) Posted: Anyone know if the RTO will be confirmed any time soon?

 

with such agood example of Contel ... hopefully can park some money into another great RTO  potential  ... but must find a crystal ball reader to interpret his foresight ...

 

Apr 15 is the date to watch out for RTO. So price will go up from here now onwards. Just remember 100-119 have a lot of people stucked and will need a little time for them to exit. But there will be people who avg down previously and wanting to exit at their initial entry. So the queue will definitely be there. Once BB decided that they have collected enough, things will run up once more. 

srichipan      ( Date: 03-Apr-2013 09:55) Posted: Anyone know if the RTO will be confirmed any time soon?

 

Anyone know if the RTO will be confirmed any time soon?

 

Discount only for limited time, enter before too late...

 

Sales may end anytime soon before end of today...

terencee      ( Date: 03-Apr-2013 09:43) Posted: Contel on discount for today. LOL..