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Agreed with Terencee. It is better not to promote this counter now because as you can see from most other counters that the more they were being promoted the more motionless they became. Let the AGM & the EGM get over with first. Then we can start to monitor the shares. If it went down after the various meetings, then we will know that it is all over for the counter. We short or sell everything. But should it begin to rise after the meetings, then we could then enter to buy long.
Happy trading to all.
terencee ( Date: 28-Apr-2013 19:10) Posted:
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Thats why you see I can't be bothered to post anymore. This stock is rather heavily played. No point touching this counter. Those who have not vested, try not to buy this. If you guys have cash and willing to hold till the end of the year, maybe can buy. But no promises cos BB will force everyone to bail out.
Good luck to those still holding. Hope contel can really go up so you guys can get out safely.
limlee001 ( Date: 28-Apr-2013 18:35) Posted:
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Can we keep this share below the radar until after the actual EGM. Don't want this stock to roller coaster, as everytime someone write something postive, it will go down and vice versa.
already into 2 weeks...the price now at 0.085cts is slightly up from 0.081cts before ST announces Yuu zoo developments....
it has been in correction mode for 2 weeks....all the short sellers are already out.....those who bought now are buying for future new business
Comon katek brothers, let short this contel arse to 80 on monday.....shorttttttttttt
After going down for so many days, we are starting to see some light for Contel. It is good to see that it close above 0.084 again creating a small green bar. You see, sometimes it has to break support in order for it to rise. Usually when a counter break it's support, it should drop a few more pips. But Contel drop only 1 pip. To confirm whether it is a downtrend, it should drop again today. But it didn't. If a support is broken, it has to rise back to the support price the next day else it is gone case. Contel shows a very good sign by closing above 0.84 the next(which is today). Now we need to see another green bar on Monday to confirm. A small green bar of 2-3 pips will be very swee. Anyway, don't blame me if it doesn't move as what I said.
Good luck!
I guess they are trapping the shorters..
Now i think the push for next wave ..think 10 will be key resistance
theyoungone ( Date: 26-Apr-2013 08:18) Posted:
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It should open at 84... And perhaps close at arnd 80-81. The way I see it now, it should be a prime target for shortists today. Let's see how it turns out...
Normally when a support is broken, it should drop a few pips below the support price on the same day. But contel did not. It may have a chance to go back to 84 today.
SURE ?? close gap already ..then rebound right ?why short ??
theyoungone ( Date: 26-Apr-2013 06:50) Posted:
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Yea, support at 84 broken! Short!
Short is e word. It shld c below 80 very soon. Mayb today.....comon lets join forces to short it down n earn another pile......:)
covered the gap at 0.084 today. should go back up tmr?
If contel surge like Lorenzo...ho sei liao...dreaming
Paiseh ! Will discuss other stocks in other forum. :)
Hehehe, joking only lah. I also vested lesser in Lorenzo, but more in COntel. More than 100% plus plus profits.
commando ( Date: 24-Apr-2013 16:16) Posted:
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This is contel forum leh....pls la
Look at the terrible losses Lorenzo has, and comparing Contel's accounts are much better. Opinion only. Hehehe.
hi bro, i know u meant the wall as that at a particular price, the buy & sell queue is more than at other price.. what i meant is that this resistance can be easily broken compare to other pennies.. so very easy to break resistance or support.. so this " great" wall is relatively puny and easy to climb compare to other great walls, and i wouldnt describe it as great wall lol.. just making a joke:D
Stockcham ( Date: 24-Apr-2013 15:57) Posted:
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stockcham, go to the lorenzo thread to talk. why u say is BB buying leh? i see they buying around 140 onwards. below that is normal retailer.
Stockcham ( Date: 24-Apr-2013 15:54) Posted:
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