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Yong Nam was chased up and doubled within a few days last week. Yesterday it fell about 50% from the peak. So for those who bet big in the upward chase, they either gain or lose. With the kind of leverage inherent in a low-price stock like this one, wins are big, but so are losses. And all within days! It's rather scary.
Punting per se is not a skill at all... I mean punting is just good for the sake of some excitement and fun and maybe some small profit... and not to get rich in the stock market. :)
Of course punting also needs skills as you need to know when to punt, what type of stocks etc. Otherwise, how to make money ...even punt small small, when you add up all the gains, it can be quite a substantial amount too... Btw, it is not an inducement to punt....just for knowledge and sharing only...trade within your own means. I am also just a beginner - kindergarten standard only :)
hahaha... if punting can be considered a skill, you would have included it in your list earlier... hehe. Anyway, I'm not that good at punting either...
Of course my list is not exhaustive. there are many others who are also very good and have contributed alot to this forum. Yeah, maybe ipunter can share his skills for "punting" :)
lol of coz i be in spore playing us stocks..
anyway cashier, you going to USA because singapore market easy to manipulate? but you can also play the USA market from here mah? anyway, think TA and FA works in the USA markets more than here. stocks also much too expensive to manipulate.
whatever it is, whoever it is, bottomline is to try and make $ from the stock market. i repeat, "try". hehe. cheers to all!
And also iPunter, who always say "the stock market is the wromg place to get rich fast" ???
How come U didn't notice "hikitty" who use to post on the merits of accumulating certain penny stocks???
Hi RickyTan, Billywows is oso very inform with Dow info and oso provided some future cystal ball prediction. Hope U don have 2 said me so good. I tink tink i m oni good at goofing, silly of me, ipo info tips came from those boys 1, (for some ipo offer browse here and browse there and look, look, C C mkt condition 1st), if they want to share, share their tip and promote their view. Pai Sei lehh...said until so good.
Oh, left out teeth53 - who is very good at IPO information and its grey market price....
hmmm... we have experts in the following :
1. TA - singaporegal and cashiertan, sporeguy etc
2. FA - shplayer
3. tech stocks - billywows
4. latest news/analyst report - nostramudus
Who are the experts in penny stocks huh ? Perhaps those who are good in this area can share some tips with us ? Thank you.
Yes, you are right, TA does not work well to Penny stocks, especially thinny trading volume!
Ta dun really work on penny stocks as singgal said. i agree on this. however, on the 5 dec. the hammer is a signal to sell the next day.. example is rotary on thurs,, if sold the next day will not kana the slide till 82.5c
any thing else is the Real player to decide the trend.. spore very small so easy for them to manipulate.. that why i am going to USA soon..
no way any contracts will be awarded before the IR is awarded. if want roofing contract, the Sands one is more interesting than the Genting one.
Personally I think this is highly doubtful. If this was a pre-arrangement (if it were true, it has to be), then why were the directors so keen to sell off their warrants days before? Secondly, roofing contracts awarded before piling and substructure contracts? Come on.
read from CNA forum that someone posted that Yongnam given a contract for Genting IR roofing, true or not???
maybe this explains why it can rise from ashes to be a 10cents stock.
may any good person please confirm this info, thanks in advance.
we shall see.. i cant predict only estimate to the side of higher probability.. abit still early..
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