
ya greedy... but really, S-Chip is good for trader (not invester) that you can buy and short... so I go CFD and short it, can make good profit (but it is again a very dangerous game).... until you quit, that can measure make or loose.. so I am now waiting - going short or to buy when the time is right
It does not matter if you are trading in S Chips or Blue Chips, you must always has a Stop Loss point.
Although, your no. 1 goal is to make profit.
But, your no. 1 priority is to protect your capital.
Cut loss if you must and live to fight another day.
This is a simple rule, but many traders cannot follow.
no risk no gain... all depend on yr appetite...potential huge gains...potential huge loss... to each his own decision .. but must hv trading strategy to protect profit/cut loss protect profit
You should keep buying them with many many lots and release yourself then you won't stuck there! I love S-chips instead.
kellychang ( Date: 05-Feb-2010 13:39) Posted:
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Buy the illiquid S-chips then, you do not feel the volatility of its price, but mostly trended up!
senecus ( Date: 05-Feb-2010 23:50) Posted:
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Blame yourself! Are you still on your short position?
out-of-the-box ( Date: 06-Feb-2010 10:07) Posted:
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agreed, even so with the china mei mei around... nice to look at, good to touch, but once it broken, consider urs... haha
Yes, I fully agree with your comments below, China companies listed here are all cheats!
grandmaster89 ( Date: 06-Feb-2010 10:10) Posted:
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Don't buy S Chips except for a quick punt.
If you intend to hold S Chips, they have to meet at least one of the two basic criteria -
a) Their largest shareholder or holding company is a PRC SOE. This will ensure that there will not be any large-scale fraud. It will also deter any employee from committing fraud since this is a capital punishment in China.
b) The executives are Singaporean.
Ya, history tells... be careful of S-Chips... I lost 10K in 20K investment since Jan
How many good people here are stucked with s-chips and how many people here earned from s-chips? Some expect s-chip to rally between dec and feb...did not materialize and they are stucked with s-chip. Now with dual listing news...many thoughts can flip for a good profit margin...did not expect to end up with a loss margin. At such low price for one to buy...every bid down can be 5% loss...10k investment is 500 loss for every bid down. Many first timer thought of trying their luck...realized their profit after 15%-20% gain...went to buy another counter...now stucked with 50% loss...this is a simple math...which you will never get positive equation...unless you are one of the manipulators.

never buy S chip since 07 burnst...
last time tio stuck in S chip..
now still stuck there...
so, i will say forever NO to S chip...
dun apply hope analysis in S chip!
friend....my legs are shaking....no eye to see...go back to sleep
yummygd ( Date: 04-Feb-2010 21:56) Posted:
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90 percent haha that will be around 20 cent??wahhhh sigh i hope the bear stop playing with a good company soon..so many out there to play hahaha thiis one dun play till die la haha
90% drops that should be the most for Ying Li, I suppose!
hyruga ( Date: 04-Feb-2010 11:33) Posted:
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pls dun hahaha
hahaha...then we wait for 0.12... Hopefully not la

yummygd ( Date: 04-Feb-2010 14:45) Posted:
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ongst!!den we go yam char every morning den go ying Li jalan jalan for a while den go home play mahjong hahahaha.
nanyangnanyang ( Date: 04-Feb-2010 14:33) Posted:
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Fully support! if drop to 0.12, I will also follow you to be one of Ying Li's boss la
yummygd ( Date: 04-Feb-2010 14:18) Posted:
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Ying Li at S$0.120 is Really Good Buy.