They are actually very busy at SGX........playing golf and doing something else other than police the board....
niuyear ( Date: 26-Jan-2011 09:38) Posted:
Many penny stocks' performance are quite similar to this stock.
Just click their past performances , one will know most of the penny had been down by more than 50 - 80% and never recovered eversince.
P/s - If is possible to petition to SGX , one should take the opportunity to have SGX set query and demand those companies answer to the query in order to apease the shareholders.
They are actually very busy at SGX........playing golf and doing something else other than police the board....
niuyear ( Date: 26-Jan-2011 09:38) Posted:
Many penny stocks' performance are quite similar to this stock.
Just click their past performances , one will know most of the penny had been down by more than 50 - 80% and never recovered eversince.
P/s - If is possible to petition to SGX , one should take the opportunity to have SGX set query and demand those companies answer to the query in order to apease the shareholders.
Many penny stocks' performance are quite similar to this stock.
Just click their past performances , one will know most of the penny had been down by more than 50 - 80% and never recovered eversince.
P/s - If is possible to petition to SGX , one should take the opportunity to have SGX set query and demand those companies answer to the query in order to apease the shareholders.
(anyway, I know nuts about 'suntze art', etc which you mentioned)...
medivh ( Date: 25-Jan-2011 23:14) Posted:
Either context, you are still contradicting yourself.
1) technique of acting at the right time.
2) military sense of the word *out of context, but just to tell you if you study suntze art of war, you will know strategies used in military are often used in trading as well.
both are needed , yet you said its no use talking about discipline.
anyway signing off ..
iPunter ( Date: 25-Jan-2011 22:56) Posted:
There is no contradiction...
Interpretation of terminology varies with each individuals'
own understanding of the terms used.
Thus 'discipline' in one context can also just mean a
technique of acting at the right time, rather than say,
After all that is said and done yesterday(bloodbath). I believe this is a a good counter to invest (many made money already no doubt about that) for the near term since so many strong reasons were given to buy this counter other than the dual listing(low pe, undervalued etc.). I bought some @ .40c and still holding. Will avg. when the price stabilizes. This is all about investing, just not quick money. So those who are holding may good time roll again and those who have sold in panic(for whatever reason) may learn and invest again. This is my two cents. Cheers and happy investing. :-)
DJ MARKET TALK: Do Not Chase Dual-Listing Themes Blindly -CIMB
With China Gaoxian (I4U.SG) down 20.5% at S$0.350 after its KDR opened lower on its debut in Korea this morning, falling to a low of KRW5,360 (equivalent to S$0.307 per share), CIMB warns investors "make your investments based on company's fundamentals; do not chase dual-listing themes blindly." It says current investors in China Gaoxian could take advantage of this opportunity to buy its KDR and sell SGX shares (in equivalent amount) to make the spread (+12% before transaction costs). CIMB adds, "traders playing the dual listing theme will be better off taking profits on announcement of dual listing offer price," noting China Gaoxian's shares fell 5.6% (to S$0.42) on the next trading day after it announced its KDR pricing at S$0.405 per share (a discount to its last transacted price on the SGX of S$0.445) after it had rallied +134% from S$0.19.
What an "exciting" day, kanna stopped out at 0.39! Once gap down should know that we should act fast, luckily already put stop loss in place but still heartpain. Thanks to everyone's discussion in this forum, no matter bullish or bearish, makes our trading interesting. Still appreciate what masterlim has done, providing us with many detailed information, must have spent a lot of time & sharing with us. Managed to ride from 0.33 to 0.45 and then lose back 0.44 to 0.39 but still surviving well. However, trading must be alert at all times and never be over-confident or we'll fall deeply, especially for such speculative ones. Still holding on to some at IPO price 0.26.
Either context, you are still contradicting yourself.
1) technique of acting at the right time.
2) military sense of the word *out of context, but just to tell you if you study suntze art of war, you will know strategies used in military are often used in trading as well.
both are needed , yet you said its no use talking about discipline.
anyway signing off ..
iPunter ( Date: 25-Jan-2011 22:56) Posted:
There is no contradiction...
Interpretation of terminology varies with each individuals'
own understanding of the terms used.
Thus 'discipline' in one context can also just mean a
technique of acting at the right time, rather than say,
in a military sense of the word.
medivh ( Date: 25-Jan-2011 22:43) Posted:
Why are you contradicting yourself saying "its no use talking about discipline", when all along just today you have been so active in this forum and this thread telling others to be responsible for your own bet, don't chase stocks and your latest post at Genting thread stating
"
I am not "gian-gian" (anxious and impatient) to make money...
I can stay out of the market, rather than play short.
And I prefer to play long, but at the right time... "
Interpretation of terminology varies with each individuals'
own understanding of the terms used.
Thus 'discipline' in one context can also just mean a
technique of acting at the right time, rather than say,
in a military sense of the word.
medivh ( Date: 25-Jan-2011 22:43) Posted:
Why are you contradicting yourself saying "its no use talking about discipline", when all along just today you have been so active in this forum and this thread telling others to be responsible for your own bet, don't chase stocks and your latest post at Genting thread stating
"
I am not "gian-gian" (anxious and impatient) to make money...
I can stay out of the market, rather than play short.
And I prefer to play long, but at the right time... "
Isn't that all about being discipline? LOL
iPunter ( Date: 25-Jan-2011 22:27) Posted:
No one is responsible for your bet except yourself...
Bet right and win... bet wrong and lose...
Similarly for holding... hold right you win, hold wrong you lose...
It's absolutely no use to talk about "discipline"...
Why are you contradicting yourself saying "its no use talking about discipline", when all along just today you have been so active in this forum and this thread telling others to be responsible for your own bet, don't chase stocks and your latest post at Genting thread stating
"
I am not "gian-gian" (anxious and impatient) to make money...
I can stay out of the market, rather than play short.
And I prefer to play long, but at the right time... "
Isn't that all about being discipline? LOL
iPunter ( Date: 25-Jan-2011 22:27) Posted:
No one is responsible for your bet except yourself...
Bet right and win... bet wrong and lose...
Similarly for holding... hold right you win, hold wrong you lose...
It's absolutely no use to talk about "discipline"...
Hi teeth53, thanks for continued precaution. i decided to pull out my holdings the day before listing when my target price is achieved again.
decided to not let them speculate on my fund first as i wanted to observe how the korean side trades on the 1st IPO day whether up or down before next move. today shows that it performs badly. market had decided.
as shares are fungible it affects cgx in sgx greatly how cgx trades in krx and it closed 5900 won today ~ 0.3375. this is why closing is about there today also in sgx.
teeth53 ( Date: 25-Jan-2011 17:54) Posted:
Hi timqoo, thks for all d hardwork, warning goes unheal, healing progress start from tonite.
investment risk is the thing - outrunning (out wit and frank)
Hope not getting been suck in......:((
teeth53 ( Date: 09-Jan-2011 13:22) Posted:
Hi timqoo, thk.
U are d one giving punters and retailer stake holders critical time to focus on d Korea front.
This's important letting players here "little island" know how Koreans will think of this stock px surge 150%.
On how well stock, like Chinagaoxian be launch in KOSPI, after the owner and underwriter does their work.
trade at own risk! if you wanted to trust someone you are responsible to any possible risk.
The most fundamental of stock don't chase high and chase fall.
hahaha!!
medivh ( Date: 25-Jan-2011 22:20) Posted:
Actually if there is anyone to blame , is the person behind the computer (which refers to oneself). The one who execute the order to buy and sell is oneself. If you are not disciplined and fall into GREED or FEAR, then you are responsible for your own actions.
Nice analysis there Zhixuen.
I can only say time will tell , and experience investors will not be swayed so easily. However, many here are just plain traders with only money to spare to "gamble" and irresponsible attitude of putting the blame on those who do not tell them what they want to hear or see.
zhixuen ( Date: 25-Jan-2011 22:12) Posted:
I don't want to be another masterlim. trade at own risk.
May see support at $0.325 and see some rebound to node B (how far will surge is unknown)
Actually if there is anyone to blame , is the person behind the computer (which refers to oneself). The one who execute the order to buy and sell is oneself. If you are not disciplined and fall into GREED or FEAR, then you are responsible for your own actions.
Nice analysis there Zhixuen.
I can only say time will tell , and experience investors will not be swayed so easily. However, many here are just plain traders with only money to spare to "gamble" and irresponsible attitude of putting the blame on those who do not tell them what they want to hear or see.
zhixuen ( Date: 25-Jan-2011 22:12) Posted:
I don't want to be another masterlim. trade at own risk.
May see support at $0.325 and see some rebound to node B (how far will surge is unknown)
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