Synear Food touch $0.89 b4 settled at $0.90, on vol of 19.2 mil, still trade with care, well this time, take it and cut it loss and keep d loose change, (not vested here liao).
Hope U did sell off ur 3lots ChinaPdye on the 1st day, this stock which is recommended good for a stag, guarantee u $$$ even w/ one lots. support maybe coming... on T+3-5 days.
Well it arrived back where i let go it px, closed unchanged at $0.93 on vol of 13.6 mil shares traded. some profit, take some and leave some for other yahh......
Hi Jessie, Try China printing & dyeing holdings IPO at $0.27 cents, ref to posting under the former. Last heard grey mkt is the least going for $0.37. if going is good may hit $0.43-$0.45 on opening. Just my tot.
The last hours still indicated big boys traded and changed hand $0.915 / $0.92 before it considering profit is taken, there are also not so smaller players and very small players giving very strong support.
$0.895 is a good entry point, just my personnal trading experience.
Please notes: Not an inducement to do trading, if need to trade, buy within your mean, don't gamble. Have some profit, take some and give some to other.
Hi Jessie, I havn't sell away my one lot share bot on from atm at $0.54, will be keeping it for a while till it reach above a dollar. However my vested few lots is sold co's it's with d bigger group that went in and out on d 1st day of trading. Over Radio i heard a Geman.. bank has recommended it px of $1.08 on a buy basic forward ratio for the next 12 mths.
cleared all my positions at 91c...... i think its overheated already.... too many shortist and long in this counter... and it could swing either way....... please be careful.....
T+3 is the contra period. It's the period where you don't have to pay for your shares. You just pay the difference - profit or loss. For some brokerage firms, it's T+5.
Hi pwcyan88, T+3 means trading day plus 3 days. T+5 means trading day plus 5 days. This refers to settlement date for all trades done whether or not they are new IPOs. Whether T+3 or T+5 depends on different brokerage firms.
Hi, i'm also newbie to the game. Can some kind ppl advise what is T+3-5 days and what to look out for during this period. This applies only for IPOs ? Thks.
Hi teeth53, when I log on to system this morning, price is already at 90 cents... Some people advice is not to chase for a stock if price has shot up more than 30% of IPO price, As you know, I am a newbie so dont have the guts to go in now. What about you, have you sold ?
Hi Jessie, if U have get into the act this morning on Synear Food at $0.87 $0.875 even with 10 lots trade done, it sure give alot of kopi $$$ liao, still this stock havn't shoot it px up like milk, for eg milk can shoot up 10-15 cents a day, then rest for many days this Synear is up by about 5 cent aday till T+3-5 day. I will be closelt monitering till the 5th day.
Pls notes: not an inducement to trade, if need too with your mean.
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