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Only one step to reach the downside target at 10 cents , RenewableEne never made a technical rebounce today . Instead it went down half a cent to close at 11.5 cents . It is too weak for a rebounce , n it may to go further down to fill a gap far below 10 cents .
Bintang ( Date: 18-May-2011 11:01) Posted:
Renewable Ene gapped down at 15 cents today , after a technical rebounce later , it may reach 10 cents eventually .
Bintang ( Date: 18-May-2011 10:00) Posted:
| Renewable Ene has reached the target at 13.5 cents |
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No panic selling leh.
As I said before 11.5c seems to be the support level.
Hope that it stabilises and then cheong back to where it was or at least near there.
tchoonw ( Date: 19-May-2011 09:50) Posted:
panic selling will be coming soon...
wishbone ( Date: 19-May-2011 09:33) Posted:
No more panic selling and shall be stabilising soon , I suppose.
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panic selling will be coming soon...
wishbone ( Date: 19-May-2011 09:33) Posted:
No more panic selling and shall be stabilising soon , I suppose.
tchoonw ( Date: 19-May-2011 09:02) Posted:
| shorted some at 12c just now!!! |
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No more panic selling and shall be stabilising soon , I suppose.
tchoonw ( Date: 19-May-2011 09:02) Posted:
| shorted some at 12c just now!!! |
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shorted some at 12c just now!!!
hai. hate seeing this kind of thing. I mean, sometimes when stocks fall, they fall bit by bit, then people at least can cut loss. wont so painful. this kind catch people by surprise. hai. can feel the pain of those vested.
really hope everything goes well. take care people!!
I dont anyhow scare people.
Dont blame me, what i said is fact.
Any pls dont anyhow load, a profit warning that fall in such a heavily way really very dangerous.
I already warn and warn about s-cheat till i can write a book liao.
Dont fall in love with posion.
Wish U all safe, Amen
warrenbegger ( Date: 16-May-2011 20:37) Posted:
1st X= S-cheat + Incorporated in Bermuda + Catalist
2nd X= FA not strong + TA very strong in downtrend
3rd X= PROFIT WARNING Today
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_851856CC9261CFBD4825789200248AB1/$file/ProfitWarningFY0311.pdf?openelement
At least for this few month( maybe 3 to 6 month), things dont look good for REA.
But anyway is your $$$ and as u like, i just advise those who want a safer road and those find my advise make sense to them :)
New123 ( Date: 16-May-2011 20:22) Posted:
| Don't anyhow scare ppl. They just dispose off their dormant business and is 100% into wind energy. Long term wise good for the company going forward. The shares prices may stabilize after their disposed off fastening business & a loss for Yr 2010 which is within expectation.. |
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SideTrack: Going GREEN is good and its what people are looking at.. the business takes an alternative view to consumable limited resources.. e.g. coal, nuclear etc. which is apparently unstable (see Japan's nuclear crisis and rising coal prices in China). Wind or Sun or Water and any other ways is the future if they do not want Mother Earth to be barren. Given the growing pop, the rising need for energy, and energy prices rising like madness,
the alternative which is to go GREEN is certainly beneficial for us.
For this stock, its a different case totally. You see, these days China stocks behaved pretty negatively, especially those penny stocks. Many investors have been caught unaware with " sudden" downwards pull to near-oblivion prices, that they are staying away... Special cases for those with inside news will surprisingly run with large selldowns, which will then trigger the other retail investors to follow suit.
Everyone have their own beliefs. But don't Love a stock just cause its darn cheap... You will either lose all you have or earn that " meagre" amount that will ultmately result in a loss somewhere else cause you cannot stop Loving cheap stocks and keep falling into it.
Recent memory. Last time I saw a counter drop more than 25% was ChinaGaoxing. Next day trading halt and shortly after suspension due to hanky panky. Sorry, guys. Think this is likely the same case. See trading pattern, sell downs were big numbers. Likely to be insiders with information. Get ready for more bloodbath tomorrow or Friday....
" The answer my friend, is blowing in the wind....." Wind energy business got future ? Yeah, right.New123 ( Date: 18-May-2011 15:46) Posted:
What goes down must eventually come up..May be within the next few days...
tchoonw ( Date: 18-May-2011 15:21) Posted:
do u think can go back above 15 again |
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close at 12. tomolo will be another bloody sell down day for REA!
wishbone ( Date: 18-May-2011 17:17) Posted:
The profit warning was just released by the management yesterday thru' the SGX website.
Just take a look here:
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_851856CC9261CFBD4825789200248AB1/$file/ProfitWarningFY0311.pdf?openelement
New123 ( Date: 18-May-2011 16:15) Posted:
| The Loss has been made known long ago. This is not new. Mkt has overeacted. I think it will soon move up ... May be tmr may hear some news that the directors hv bought back some of the shares... |
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The profit warning was just released by the management yesterday thru' the SGX website.
Just take a look here:
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_851856CC9261CFBD4825789200248AB1/$file/ProfitWarningFY0311.pdf?openelement
New123 ( Date: 18-May-2011 16:15) Posted:
The Loss has been made known long ago. This is not new. Mkt has overeacted. I think it will soon move up ... May be tmr may hear some news that the directors hv bought back some of the shares...
wishbone ( Date: 18-May-2011 16:02) Posted:
Ya!! With the profit warning and today the stock is factoring this in, I doubt it will go back to where it was before the announcement. Probably have to wait till the financial result is out. Hopefully not too long.
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Hopefully you are right and the share price behave in similar pattern to 2010 provided there are corporate development and minimal loss.
New123 ( Date: 18-May-2011 16:15) Posted:
The Loss has been made known long ago. This is not new. Mkt has overeacted. I think it will soon move up ... May be tmr may hear some news that the directors hv bought back some of the shares...
wishbone ( Date: 18-May-2011 16:02) Posted:
Ya!! With the profit warning and today the stock is factoring this in, I doubt it will go back to where it was before the announcement. Probably have to wait till the financial result is out. Hopefully not too long.
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The Loss has been made known long ago. This is not new. Mkt has overeacted. I think it will soon move up ... May be tmr may hear some news that the directors hv bought back some of the shares...
wishbone ( Date: 18-May-2011 16:02) Posted:
Ya!! With the profit warning and today the stock is factoring this in, I doubt it will go back to where it was before the announcement. Probably have to wait till the financial result is out. Hopefully not too long.
des_khor ( Date: 18-May-2011 15:48) Posted:
| Most cases will not be going up again once coming down .... especially small stocks !! |
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Ya!! With the profit warning and today the stock is factoring this in, I doubt it will go back to where it was before the announcement. Probably have to wait till the financial result is out. Hopefully not too long.
des_khor ( Date: 18-May-2011 15:48) Posted:
| Most cases will not be going up again once coming down .... especially small stocks !! |
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If due to shorting, it will come up.
If due to bad new, it will not come up.
Till now, no bad new comes out.
Most cases will not be going up again once coming down .... especially small stocks !!
What goes down must eventually come up..May be within the next few days...
tchoonw ( Date: 18-May-2011 15:21) Posted:
do u think can go back above 15 again?
wishbone ( Date: 18-May-2011 15:00) Posted:
This is likely the resistance level at 13c.
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Hard nut to crack!!!!
tchoonw ( Date: 18-May-2011 15:21) Posted:
do u think can go back above 15 again?
wishbone ( Date: 18-May-2011 15:00) Posted:
This is likely the resistance level at 13c.
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where to find the news ah? cant find it on sgx ley.
do u think can go back above 15 again?
wishbone ( Date: 18-May-2011 15:00) Posted:
This is likely the resistance level at 13c.
tchoonw ( Date: 18-May-2011 14:43) Posted:
| 4000 plus lots blocking at 13c...waiting for ppl to get trapped |
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