BB's entering to support this counter at 0.165-0.17 today. Look at their trades between 2pm to 2.05pm. My friends and I queued at 0.155. Looks like no chance now.
Sept and October are the so-called weakest months during these 2-3 years of trading period. As we know that the stock market 'water-fall' or rather collapsed heavily last year. Perhaps funds will be locking their profits during the period. Anyway, these are just speculations, may not have any truth in it.
Just buy and hold within your own limits. Have faith in your trade, once you buy in, dont go and listen to other noise. =)
My personal opinion: dont put in 100% into stocks now. Correction in this market is longed overdue. Expecting one correction (~5-12%) to be in short-term of 2-3weeks time before a surge up: something healthy. However, we will be looking closely at the numbers from the 3quarters in about 2months time (october) and it may not necessary cause a massive selldown. Let's wait and see..folk.
MikeL2009 ( Date: 28-Aug-2009 10:35) Posted:
What's in Sept and Oct 2009? Post-hungry ghost, or advent of monsoon or what? to cause a seasonal dip?
This counter, you would have to load at least 50-60 lots to make some money, looking at short to medium term or 3 mths.
nickyng ( Date: 28-Aug-2009 10:15) Posted:
i will worry about loading less ....there will always be tonnes of buying opportunities !! watch for Sep and Oct....oh yes..Oct traditionally will see stock "earthquake" season loh :D
What's in Sept and Oct 2009? Post-hungry ghost, or advent of monsoon or what? to cause a seasonal dip?
This counter, you would have to load at least 50-60 lots to make some money, looking at short to medium term or 3 mths.
nickyng ( Date: 28-Aug-2009 10:15) Posted:
i will worry about loading less ....there will always be tonnes of buying opportunities !! watch for Sep and Oct....oh yes..Oct traditionally will see stock "earthquake" season loh :D
MikeL2009 ( Date: 28-Aug-2009 09:55) Posted:
Not a chance, not unless Kim Jong Il blast off a missile into the ocean.
I'd harboured such hope before, but looking at data coming out, there are more positive than negative ones. Now I'm regretting I didn't load up when it was going for15.5cts!
i will worry about loading less ....there will always be tonnes of buying opportunities !! watch for Sep and Oct....oh yes..Oct traditionally will see stock "earthquake" season loh :D
MikeL2009 ( Date: 28-Aug-2009 09:55) Posted:
Not a chance, not unless Kim Jong Il blast off a missile into the ocean.
I'd harboured such hope before, but looking at data coming out, there are more positive than negative ones. Now I'm regretting I didn't load up when it was going for15.5cts!
dealer0168 ( Date: 27-Aug-2009 19:33) Posted:
I am waiting at 0.125 counter, in between u commando.
Not a chance, not unless Kim Jong Il blast off a missile into the ocean.
I'd harboured such hope before, but looking at data coming out, there are more positive than negative ones. Now I'm regretting I didn't load up when it was going for15.5cts!
dealer0168 ( Date: 27-Aug-2009 19:33) Posted:
I am waiting at 0.125 counter, in between u commando.
congrats el7888. i applied, but did not get any. none, nihil, zero... maybe a couple reasons behind it which i can understand.
el7888 ( Date: 28-Aug-2009 06:43) Posted:
Happy for you! They gave me 1/3 for excess right. Good enough.
baby88 ( Date: 27-Aug-2009 11:38) Posted:
I applied for excess rights and they give me 3/5 of what I applied (Have check my CDP internet access this morning) . I am very happy with the excess given. Happy trading.
Happy for you! They gave me 1/3 for excess right. Good enough.
baby88 ( Date: 27-Aug-2009 11:38) Posted:
I applied for excess rights and they give me 3/5 of what I applied (Have check my CDP internet access this morning) . I am very happy with the excess given. Happy trading.
haha.. dun scold me k cause i dun really know how to update poems account... mine's uobkay hian... but by rite there's shou;d be a "add to portfolio" option in ur portfolio page.. Think u can email poems regarding ur questions or wait for any other kind soul to answer ur questions.. haha regards
A bit far-fetched, unless a Big Good Wolf comes around and spread some big bad news! There's no sign of this in the papers yet! This is one of those rare moments when I wish Kim Jong Il would blast off a missile!
I applied for excess rights and they give me 3/5 of what I applied (Have check my CDP internet access this morning) . I am very happy with the excess given. Happy trading.
I'm hoping to buy at 15-15.5 cts. That's why I'm monitoring. You are damn right... all this monitoring is taking a toll on work productivity level. This is my little secret, not for my boss's eyes!
tanzq83 ( Date: 26-Aug-2009 21:33) Posted:
Last minute sell-down? are you getting worried? how long do you intend to hold onto this counter? or are you trading on margin?
Assuming that you are not trading on high margin and intend to hold for at least 3-6months. So what if the counter falls another 5-cents to 0.12/share, does it matters much? will you be too worried to hold onto it and then relief your position at a loss (probably)? i think you can just shut down your computer and focus on whatever you are doing now after you know how much additional FCOT stocks you have (tomorrow) if you had decided not to sell off your holdings at the current rate. Tentatively, you may also set a price alert on the price which you would want to sell (to make a profit or cut loss) then close your trading platform (if you are only monitoring this counter for this reason) and continue to do whatever you are doing ~ working or studying, even if you are so free that you have nothing to do.. dont let such sell-downs or major price collapse affects your mood, your emotion because it surely wont do yourself any good at all.
After the first 25minutes of dumping (if there are any), the counter still appears to be trading firmly between 0.16~0.165 region, seems like buyers or traders are looking to support the price to higher before another round of selling?
FrasersComm
A48U
i
--
SGD
0.160
-0.010
-5.9
9,095,000
8,486,000
0.160
0.165
8,816,000
Price
Trades
Volume
Sold to Buyer
Mid
Bought from Seller
0.160
82
4,117,000
4,117,000
0
0
0.165
6
4,978,000
0
105,000
4,873,000
TOTAL
74
8,535,000
3,557,000
105,000
4,873,000
Maybe it will close at 0.150~0.155 (worst scenario) today.
Buying volume looking to outnumber/support selling volume as traders maybe tempting buyers to come in to support the counter, before the next price collapse?
All the best for those who are trading today on this counter. Trade with caution.
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