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since everyone is honest now, i will be more frank, i wanted to short this counter since 78c+ region but too bad it dun have cfd for me to short. this counter is on clr down trend (since late oct) for the moment.
Go look at other stocks...also move down everyday. There is nothing wrong with the stock. Dow down, STI also down. All these bad sentiment is pushing prices down. Sino attracts more day traders because it moves many cents a day so they can short and long within the day. Can bet you if there's low volume here they will find other counters to play and the price will stabilize. Since Sino is way oversold when the market rebound it should rebound strongly too.
For me i just follow what expert said. Don't keep the loser stocks. Don't go against the flow. Just let it go even with heartached. Plan new strategies for next round. The market scenario now full of uncertainties.
sell down loh.placements at 0.39 can anytime sell and still make profits. and they may be worried if drop further. so we see people selling in lots of 100. they are those placemnet share holders. letting go now
sky petrol same price with sinostar...
and they are making half profits of sinostar.
why why why? sigh...
really damn sian of this stock. really dragged my mood down everyday. how i wish i could just leave everything away. sell and just move on? or just keep for the time being?
Yes! That's true. Human nature. Most of peoples facing that kind of problems. So how to overcome it ? We have to find the solution first in order to win the market. Otherwise we always become a loser. Will never win the market. Is anyone here got ideas how to overcome human nature problems that is fear and greed?
Do not average down as no one knows what the bottom is. You will end up carrying more dead babies. Always average up. Average up when there's a trend reversal.
I agree with ljkeong and cashiertan that we have to be honest and sincere and do not give TP as if you are able to manipulate.
Thanks for your support brothers. I have been in the market for a long long time and have lost tens of thousands because of fear and greed. Why? Don't want to take profit because of greed. Don't want to cut loss because of fear, holding the beloved stock for dear life, hoping that the price will rebound. From shining star to forgotten star. We have to overcome these two terrible emotions inorder to win the market! I am here to avenge the market and win back all my losses and be a winner this time!
a damn expensive lesson. anyone here havent paid for this stock? or on contra?
Ok! Blaming each other will do us more harm than good. Why not we take this as bad lesson and learn from it.
cant deny this stock is already dead for the time. going to lock up all 100 lots at an average of 0.80. sian diao. haiz. what happened to something with so much promise. really thought it was going to be an all the way stock. dare not buy for the time being. when do u think i should enter again to average down?
my mistake is to trust a new star, luckly cut my losses earlier
lastest results not very impressive.
rev up 30% but net profit down 40% qoq, ocf staggering -242m , trade receiable 287m(channel stuffing to boast up rev).
In fact everyone here lost money. What we should do now is be united. Be sincere and honest as possible in exchanging knowledges or opinions. Many heads is better than one head. We must learn how to control our emotions.
i am doing my part trying to help ppl not lose money buying at the wrong time.
thus u can see i dun give any TP, only recommended time to enter. a good entry areadi assure u 50% victory
I guess at that point of time if market was on the uptrend $1 could have been achieved within days. In the first place we shouldn't be buying stocks based on rumours or other people's tip. So we shouldn't blame anyone but ourselves for fear/greed. This forum is for sharing on how to win the market. Let us be united and share our experiences so that we won't fall into the same "being stuck trap"
over and over again!
who is this? should broadcast to all forumers.
Who is that guy who said it will hit $1 within 3months and get many people stuck in this counter...
Luckily not vested
Very likely could drop to near ipo price due to fresh bad news in US. Too many bad news surfaced. Sub-prime, oil prices and currency.
