Ho Bee Land    Last:1.8   -

Riding High On The Sentosa Wave

Cashier... :)

hahahaha... I just like your brand of sense of humour... very good for health...

 

Mani, Let profit runs after u lock in some profit 1st. lol

 

Furthermore, what happened to the principle of "letting your profits run" ?...

All this, and much much more trading life-time delicious goodies can be found in the 10-Modules tutorial package which I recommended earlier...That is truly a precious, priceless manual which addresses you as an ancient master would...

 

Superb trading!...

But what is the risk/reward consideration? Is the tiny reward worth the big risk?

 

i just sold at 1.54...

just 140 nett gain only..

i will be back for sure.

 

haha.. Jack..did u just log in profit and sell down the market..hahaa..what's ur target price to let go?

Cheers,
ttman

 

hee hee hee....

 

That's more like it... Go Ho Bee go... at 1.53 now.

Cheers,
ttman

 

hi livermore, yes, i saw the chart. wow, the drop accompanied by surge of volume.  so how to find when is the 'bottom'?

 

Thanks 

 

Hi Alligator,

The market will bite a big chunk off your money if you mistime the bottom. I never like to average down. I always like to average up. When a big drop in share price occurs on high volume, the key is RUN not buy

 

Just saw the chart and it was a drop on high volume. I wouldn't touch this stock now. Cheap can become cheaper. Better to wait for reversal 

 

hi livermore, i am new here, what is wrong with averaging down?

 

Be careful of averaging down. Especially when price falls sharply

 

thanks for the advice Cashier, but no worries.. i reckon all will be well tomm... and the whole of nx week... 

Cheers,
ttman

 

i wouldnt suggest u use ur reserve funds on a falling stock. furhermore u are averaging down. another pitfull to avoid in trading

market dont bother whether u believe or not. personal believe is a taboo in trading. even for value investing, one need to buy on bargain not at high px, ho bee px fall for a reason which the insider knows. it is wise to stay out till it stabilise.

thou ho bee has fallen alot and could stabilise soon, however my TA tells me it has a possibility to fall till 1.10+

 

 

Yeah, dont believe this counter will keep falling... If it falls on monday again, which i hope not, will continue to accumulate...this shall be my main counter to hold for year 2008...Can still tahan another 15 lots using my reserved funds...haha...

Indeed, Beautiful sunday, but rather warm weather...

Go Ho Bee go...


Cheers,
ttman

 

If Ho Bee is too risky, maybe you can consider KSH... why so? okay, let's assume worst case scenario, if sentosa cove all not selling up to expectation, but the construction has to go on as well, and get paid.. so, KSH will just need to complete the project , take the money and leave, how much p.s.f. the condo sold, it is none of his business.. or maybe u will say, the worst case scenario is sentosa cove construction stop half way , which is very unlikely "happen"...  KSH price has been quite stable during the bear period, not even reach 70 cents in august yet.. still standing strong at 0.97...  A real good discount should be at $0.80..

this weekend weather is indeed beautiful~

 

Thanks for the thought!... 

Have a beautiful Sunday!!!

 

I don't see any craps here lah. Just different style of play... :))