
the worst than expected losses are good news for me.
see you at $1. :p
gavinl ( Date: 22-Feb-2012 19:52) Posted:
|
FULL YEAR RESULTS FOR NOL YEAR 2011.
US$478 million loss.
No dividend annouced.
Think will free fall tomorrow.
Latest update below.
16:17 | DowJones | DJ MARKET TALK: NOL Likely To Post US$148.7M 4Q Net Loss - Poll |
overcame ..... nol swee swee .....
seanpent ( Date: 17-Feb-2012 13:58) Posted:
|
To those gentlemen who have given their views,A Big Thank You indeed!
Hmm, well as for me. It seems that NOL is going to burst up.  There is alot of sign of institutional support in this stock or what some may call it, BBs.
To Gavinl, I would advice  against  holding a short as your losses is unlimited. Also, the market is in a uptrend now, and 80% of all stock would follow the market. So I would say it is a bad idea in holding your short position.      
Read my blog for regular updates about the market.  http://thetradersdiary.blogspot.com/
On Friday, NOL re-test the resistance at $1.45 and closed at $1.445 with LOW volume of 8.18 million shares traded.
During the past 10 bars, there have been 3 white candles and 5 black candles for a net of 2 black candles.  During the past 50 bars, there have been 24 white candles and 21 black candles for a net of 3 white candles.
RSI & MACD are bearish as MACD perform a “death cross” recently.
Important Resistance of NOL: $1.45
Immediate Support of NOL: $1.37
Currently prices are supported by 20 days MA at $1.37
For the past 2 weeks........... READ MORE
 
i think is hard to see NOL coming down at this moment. Mon may see it move higher. If breakout $1.47 then it may be  going  higher...
I guess u have a good holding power and also having the feeling that it may come down...If not ,don't think u will hold it till now..I think is good to practice good trading rules to minimise yr loss. Don't let yr losses widen...
gavinl ( Date: 19-Feb-2012 11:35) Posted:
|
This is my only short counter still not cover back.
Any comments? Be it good or bad?
40 lots X 1.26.
If covered back now,will lose alot,so wait for 2 more months to see how?
if unable to overcome 1.46 may have to consolidate another round first .....
Hmmm .....
NOL's Full Year 2011 and 2012 Quarterly Results Announcement Dates
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_EC4F3CCC4944EE51482579A5003B664F/$file/NOL_2012_Results_Announcement_Dates.pdf?openelement
 
any signs of scooping up ..... ?
is the any positive news surfacing from the US ?   seems market recovering nicely ..... and looks like GLP leading the way .....
is this another crazy bull in disguise ?
interesting ..... STXOSV touches 1.7x .....
seems like a technical breakout ..... immediate at 1.45 ?
With container charter rates down NOL will  definitely  not run as fast as STXOSV who is very bullish with results and new shipyard in Brazil. Also STX rumors about sale of all the  Norway  assets!!!!
catching up .....
STXOSV very way ahead ..... 
NOL seems a super laggard now .....