
Sometimes, it pays to buy or sell solely on hearsay or rumours and i mean at a loss .
Do your own judgement base on TA, sentiments or whatever you have been depending on to enter or exit market.....it's your hard earned money .
pilotfish ( Date: 02-Jun-2009 11:53) Posted:
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queue to exit -- genuine selling...
Last message to post for this counter.
TuaPekGong9413 ( Date: 02-Jun-2009 11:47) Posted:
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since can cfd means still can short wat....but this few days will be a lot of force selling for those who bought a lot on contra when the price dip after lim sold his shares...
Don't worry my friend. I can't short this counter. I'm waiting for trend reversal to buy in.
Will take yr advice and stay aside... thanks
buysell ( Date: 02-Jun-2009 11:32) Posted:
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my advice is if you don't think of buying this counter, stay sideline & don't short... it's just not worth the risk! No calling , just that many are waiting to buy on dip due to the hype & IR operation starting in few months' time. Another due consideration is on the gambling license.
If you seriously thinkin of shorting for intraday, there are other counters available.
You can find more inforamation @ http://www.dmgcfd.com.sg/ or http://www.limtan.com.sg/ for CFD account. They provide a list of stock (local or oversea) indicating which stocks can be shorted. Currently most Singapore stocks are closed for short position.
Pls do not miss-interpret with naked selling.
Naked selling -- sell first and must be cover back by the end of the trading day. Not allow to cover back the next day, Exchange will selling on your behalf at the end of the 3rd day 3 bids higher.
Naked selling are not allow early this year. There is a penalty of up to S1000 by the Exchange.
TuaPekGong9413 ( Date: 02-Jun-2009 11:03) Posted:
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pilot no reply....think bluff one
Ha ha, glad to share, under wat circumstances that a counter is closed for shorting??? Tks in advance.
pilotfish ( Date: 02-Jun-2009 11:01) Posted:
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That's right.
TuaPekGong9413 ( Date: 02-Jun-2009 10:57) Posted:
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wat u mean by counter close forshorting?u mean this counter cannot short?
ljkeong ( Date: 02-Jun-2009 10:10) Posted:
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