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1921-1940 of 4996
I was hoping for .415 to be touched this morning since I queuing... 
nickyng ( Date: 25-Jan-2011 16:17) Posted:
| hate to be a spoilt...but shorted 100x 36cts...covered at 34cts ! :P
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an expensive lesson to learn. sad... ...
This is a very crazy stock. Just need time to absorb the shock. Need to put things into perspective before making decision again.
naked short?
nickyng ( Date: 25-Jan-2011 16:17) Posted:
| hate to be a spoilt...but shorted 100x 36cts...covered at 34cts ! :P
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let's not demonise masterlim8888...if CGX became .50 today, we'd all be lauding him for his genius....I'm sure he got burned too...not a nice feeling...
and after all...caveat emptor...
it was up from 17 cents to 40 cents, there are still many people laughing all the way to the banks..
well, i am not vested, but interesting to watch at the sideline..
hate to be a spoilt...but shorted 100x 36cts...covered at 34cts ! :P
sigh... have cleared all my positions liao... damage is INCREDIBLE!!!!!
anyone know what is happening? hate to see shares plunging and spoiling people moods for Chinese New Year....though we are not vested
Bcos,ppl need time to absorb news,if 2nite drink 2much to sorrow,may not see the light at the end of tunnel,tats it.
Very much hoped that i m wrong.Me 2 is 1 of the victims
goldenpiggy ( Date: 25-Jan-2011 16:08) Posted:
why tomo sure got lots of pp die?? why only tomo?
gavinl ( Date: 25-Jan-2011 15:52) Posted:
| Penny stock that dropped almost 10 cents in a day,2moro sure got alot of ppl die.VERY SAD |
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This probably qualifies as a 'crash' for this stock...
being down to a low of .335 (-24%) at this moment...
he maybe stir-ing it up but only to blame urself if you simply just listen to a forumer's call blindly..
novicetrader ( Date: 25-Jan-2011 16:03) Posted:
That is why I took Masterlim8888 to task. I saw the danger of stirring up the sentiments. I wonder where he is now? The same happened to China Animal, C & O and now Gaoxian. Each time the counter plummet he disappeared. |
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Masterlim8888 probably alighted the boat at .44, which was what I did
novicetrader ( Date: 25-Jan-2011 16:03) Posted:
That is why I took Masterlim8888 to task. I saw the danger of stirring up the sentiments. I wonder where he is now? The same happened to China Animal, C & O and now Gaoxian. Each time the counter plummet he disappeared. |
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why tomo sure got lots of pp die?? why only tomo?
gavinl ( Date: 25-Jan-2011 15:52) Posted:
| Penny stock that dropped almost 10 cents in a day,2moro sure got alot of ppl die.VERY SAD |
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That is why I took Masterlim8888 to task. I saw the danger of stirring up the sentiments. I wonder where he is now? The same happened to China Animal, C & O and now Gaoxian. Each time the counter plummet he disappeared.
somehow it happens again and again....we do not know what is happening with the S-chip counter when it plunges (say 20% percent per day) or when it shoot up....our principle of "Never Lose Money" does not allow us to put S-chips in our radar due to lack of transparency....good luck :)
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Sorry, China Gaoxian is not in our radar....as always for the past few years, we do not like S-chips (only Cosco is an exception) for long term investment....it will be ok for short term trading (purely based on technical)....our principle of "Never Lose Money" allows us to escape many high profile corporate scandals related to S-chips such as (if i can remember) FibreChem Technologies, Oriental Century, Zhonghui Holdings and China Sun Bio-Chem, China Aviation, FerroChina (worst example as some lose multi millions) etc.
You can say that we are conservative but even without those counters, we can easily obtain more than 100% return per year without those speculative S-chips |
This has been one heck of an expensive lesson for me! :(
When the BBs or specs want to sell at higher profit, they often put up a lot of positive analysis and good news so that small fishes like us would pump in for them to sell high...
sigh.. if only I had sold and shorted......
me included! 1 month pay check gone thanks to gar and cgx. 2 months of savings sia...
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