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Yesterday's and the surprising falls in recent sessions must have many biting their nails... 
the chart show sign of weakness currently so expect a little tug of war. Thats what I am seeing.
Tks for the info kilroy, but counter seen too much selling.
Do you think it can hold well?
DXI Index Spot Price up sharply.
Best Bargain DD2800 (PC6400) 1Gb is now SGD83 over the weekend instead of SGD81 last week.
Yes counter is showing gd movement.....up and up
DRAM Spot Price is UP.
Probably drop for a few more days.... so much selling...
It seems the "Windows Vista" effect is at work here...
Ya me too think something is going on or is it due to penny stock movement? Lets hope for the gd news, maybe due to News from TwinsMos Ya.
Days after tis stock was brought up for discussion the share price is moving to 0.275 as of today. Something muz be going on. I hope it is good news. Vested close to it's 52 weeks low. Hope my buy low strategy is successful again :O
Oh really? Why? what is go on? Pls enlighten
Tomorrow will be an interesting day for MemD.
I spoke to traders in the DRAM industy and they do say that demand/supply vs price is a prime factor for counter like memory devices. For retailer they suggest I time my buying/selling of such counter from the DRAM index.
http://www.dramexchange.com/ - Can take a look at it everyday and play a longer term.
Probably worth a punt, in view of the info... :)
http://www.engineerlive.com/european-electronics-engineer/news/14884/dram-prices-rebound-despite-uncertainties.thtml
Mystery solved?
That 'unpromising' is within inverted commas... (to borrow a convenient word).
Yes, I agree with you about the business side of it...
Continuing boom of PCs require much memory supply...
But profits would have been fantastic if the profit margin for RAM is higher.
but then how can classify memD as unpromising?... it has good result every year leh.. revenue growth almost 20% yearly... PE is about 7 if i m not wrong....
yes u r right abt the dirt cheap price of memory modules, but memory price drop is not a NEW thing that will catch the management by surprise.... if the drop in memory price can hurt the company's profit, it should have already effected 2 or even 3 years ago ma... but the company continues to do well over past few years leh...
If an 'unpromising' stock "cheongs", as often happens...
then there must be some reason that generated the demand.
Sometimes, it "cheongs" simply because it is a "laggard"...
Then today's 0.3c is just purely pple chasing after pennies?.. couldnt be right?... the volume isnt particularly high when compared to top 20...