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Thanks Mr Teeth.Will trade with care.
Please be aware, having mentioned trading prices on opening, on it first day trading.
When trade prices start at lower low price, it mean players will have to buy it upward, for EG: from 0.05c.
It will be very, very volatile in all respect, Oni ONLY for brave heart headed players who see and size on opportunities, Be it lower low and or higher low on opening.
Happy trading and take care.
http://sg.finance.yahoo.com/q/ta?s=I4U.SI& t=1y& l=on& z=l& q=l& p=e20%2Ce10%2Cv& a=m26-12-9& c=
Courtesy - yahoo chart
So many is now awaiting to get out, yet as many is playing on short, my take is even BBs is willing, the market for CGX is really in bad shape, if not worst of, a scenario that play out b4, for EG: 0.40c > 0.30c and slope down to halt at 0.19c, fallen from a high of 0.26c on just one day trade. It fallen by 0.07c
This time on opening for trading, it will even open up a bigger downward gap. MACD signal will fall further. It is likely players will start selling / shorting at around 0.12c, and down to 0.05c.
https://www.ketrade.com.sg/page/charting/SLQG_ChartMain.jsp?pid=387& ex=SGX& ctrCd=I4U& ssid=245688106311110200& infTy=0& lang_id=English
Just my thot on alternative viewing, giving that KOSPI is requesting to delist CGX.
Agreed with you.Since they had decided to resume trading (maybe cant drag anymore)
They sure have some backup plan (price will at least sustains abit).If you are the boss of GX,will you let the price drop below the ground?
They should have known that most investor/shorters will throw their holdings once the suspension is lifted.Suggest investors wait and see first.For shorters is maybe a golden chance to be rich or make back what they had lost (i will rather take my $ to gamble in casino )
All the above are purely my thoughts (based on no ground).Wish you guys good luck.
PS: I m also a loser in this counter.
warrenbegger ( Date: 30-Oct-2011 00:50) Posted:
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This one if trading ressume, my suggestion is to go short, will be very profitable. If you got this one sell big to make back your losses., on the very first day it resume trading. My suggestion only , you take action at your risk.
Someone PM me and ask about my view on GX if really can resume trade. He said all his fund kanna trap inside and what should he do if resume trading again.
Sell? Hold? or avg down? A very hard question leh. If still got some BBs inside, maybe it will rebound to some point(don't expect too much) after selling ease by panic chicken.
If GX really dare to resume trading again, i think maybe they got some backup to fight heavily panic selling. All still depend if they want to save or play out.
Talk so much also no use la. If really can resume trading then start to think also not too late. Cheers up bros, don't be too sad.
One door close, another door will open for U :)
China Gaoxian: Announces 2QFY2011 Financial Results And Preparing Resumption Of Trading Proposal.
28 Oct 2011 14:17
Generates gross profit of RMB11.6 million despite challenging operating environment. Report by Frost & Sullivan concludes that Huaxiang project is attractive market opportunity and critical to future competitiveness. Board is committed to resolving issues and submitting a resumption of trading proposal to SGX after the Special Audit is completed...Attachments:
Anyone need me to promote S-chip?
I am a outstanding promoter.
I work in a ladies bra and panty department :)
I think SGX should engaged E& Y as the sole auditor for all listed companies going IPO for a start.
US is now probing on all China ADRs across the board to protect the minority interest.
Surprise still got ppl ask if got goooooooooooooood news for this counter.. those kana burnt badly need to move on... cause sad but true if it ever lift from its halt, the price will only go south.
S-chip again? sigh
Jackpot2010 ( Date: 14-Oct-2011 17:44) Posted:
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E& Y issued audit report today, read on. Cash unaccounted for = RMB 980 million (Exceptional Loss) and still counting.....
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/5398EB58A6A84BC8482579280011538D?opendocument
Can share what happened to this counter huh? long times never heard of it? is it still halt?
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
gary88 ( Date: 14-Oct-2011 16:04) Posted:
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any goodnews from cgx?
Thanks bro!
there's one annoucement about delaying its results/agm..etc last week, u can search in sgx
gavinl ( Date: 15-Aug-2011 11:43) Posted:
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Anybody any news? Anything at all?
Ya....true enough, the FA is fantastic, actually I wanted to buy @ 25. Right ?? How screw up can a just got dual listed stock get ?? Right ??
I went for Allgreen, NOL and Capmall, also I told myself I can only have 1 s-chip at anytime (so why MIDAS has to go....heng ah) The rest is history.....
Leoleoleo ( Date: 02-Jul-2011 23:21) Posted:
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Did I hear the sound of flushing?
warrenbegger ( Date: 03-Jul-2011 00:56) Posted:
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