Biosensors   

Is Biosensors a good buy?

Pass 1.50 then all the way to 1.90. Huat arhhhhhhhhhh.

stocksburntme      ( Date: 15-Mar-2012 15:53) Posted: y no one cheering this? huat ah!

 

y no one cheering this? huat ah!

 

After lunch think can go lower. Good luck.

 

With Nikkei up 0.8% this morning and Dow positve last night it looks like there is still room to go up today, BIG could touch  1.5 today. Waiting to see volume and momentum today before deciding whether to add moer bullets.

 

Seems like my anyhow analysis quite accurate! Too bad i jumped off early. But i'm very happy with my one and only penny right now, need to incubate.

thunderdoor      ( Date: 13-Mar-2012 00:00) Posted: Imminent, but likely after another major rally that would be my indicator. I would like to hear your views as well if you could share.

 

huat to those who bought at 1.38!

 

#Biosensors: CS(Credit Swiss)  note that changes from a co-CEO structure to appointing Jack Wang as CEO and Jeffrey B. Jump as president of the newly established cardiovascular business unit is positive. House views senior management now has more clarity on roles and responsibilities and creating the cardiovascular unit indicates the company is prepared to expand into non-cardiovascular segments. Also positive on plans for a new Singapore R& D center and operations headquarters given Biosensors' commitment to diversify its product offerings. Tips potential M& A as the catalyst to watch as it would diversify offerings, bring near-term P& L contribution and potentially drive the valuation. Believe valuation is attractive and has more potential upside should it successfully diversify through future M& A initiatives. House rates the stock at Outperform with $2.00 TP.

 

I have been reading with some amusement the posts back and forth.  It appears  technical trading / charting  is just a visual representation (i.e.  “plot and graph”) of  market / investor psychology as it relates to a specific counter in a specific time period.  The trend is an attempte to project future movements based on past history. This methodology  tries to rationalize human behavior, i.e. investor sentiment which by its very nature is irrational and is influenced by many external events.  Human behavior depends on individual human sentiments and how all these individual feelings react in a heard, because markets are driven by heards of investors.  It appears to me that this  only works if trends continue and the market is stable.   

Personally I prefer to emulate the US investor Warren Buffett - finding good companies with good products in growing markets that appear to know how to monetize their strengths.  I use technical only to try to determine entry points for longer term investments and then evaluate the growth of the company, management execution and market conditions to determine exit point.  At my age, early 60’s I feel all this jumping in and out depends to much on luck and human emotions.     

Just my perspective.  BIG seems to warrant a longer term investment.  Remember if something starts at $1.00 and goes down $0.50 it’s moved 50% but if it starts at $0.50 and goes up $0.50  it’s moved 100% and from my experience there is less stress and no annoying margin calls for naked shorts.  I would perfer to wait for dollars that jump in and out for pennies.  My philosophy has worked well for me. 

 

dont mock each other la. No end to it. 

 

Where are all the brave shortist.....and also all the promise to bring the price down. ?? Some quitely leave the scene and hide under the bedsheet, using lame excuses.

thunderdoor      ( Date: 13-Mar-2012 15:19) Posted: I meant rooting for 1.3. Haha chanting      ( Date: 13-Mar-2012 14:21) Posted: Well i'm off since you guys think this counter is great and I got nothing to say this is the last msg here.. Gd luck all as something is brewing, hope no one get burn under their bedsheet...

 

I meant rooting for 1.3. Haha

chanting      ( Date: 13-Mar-2012 14:21) Posted: Well i'm off since you guys think this counter is great and I got nothing to say this is the last msg here.. Gd luck all as something is brewing, hope no one get burn under their bedsheet... thunderdoor      ( Date: 13-Mar-2012 11:38) Posted: I think if you stopped doing what your nickname suggests you won't get so much flak, at least give us your reasoning- which we know now that it's an external source. haha anyway since im out i'm secretly rooting for it als

 

Well i'm off since you guys think this counter is great and I got nothing to say this is the last msg here.. Gd luck all as something is brewing, hope no one get burn under their bedsheet...

thunderdoor      ( Date: 13-Mar-2012 11:38) Posted: I think if you stopped doing what your nickname suggests you won't get so much flak, at least give us your reasoning- which we know now that it's an external source. haha anyway since im out i'm secretly rooting for it also chanting      ( Date: 13-Mar-2012 11:19) Posted: I like this statement... $1.30 from from my external source which it not necessary to say out, it up to someone believe or not, so any problem here?Personnal attack is not an adult act right? So if anyone dont like the eyesoring info here I will just go, no worry its your money and not mine....I got nothing to loose.

 

You should be able to long something ...

thunderdoor      ( Date: 13-Mar-2012 12:45) Posted: I try to anticipate breakouts before they happen but so far my results aren't very consistent. I'm thinking, if sti closes at 2980~ it will have enough room to clear 3k tomorrow pending on a good DOW tonight. I might long something before the day ends. If STI breaks 3k today though I'll stay clear.

 

I try to anticipate breakouts before they happen but so far my results aren't very consistent. I'm thinking, if sti closes at 2980~ it will have enough room to clear 3k tomorrow pending on a good DOW tonight. I might long something before the day ends. If STI breaks 3k today though I'll stay clear.

 

Now I'm also wondering if STI could break the 3000 mark swiftly or facing much resistance with a pullback. 

 

Thanks thunderdoor.

When I first starting trading, I used to like chasing after stocks that had rallied or were already rallying and always ended up being trapped during trend reversal. I guess it will be a better idea for me to wait for the ideal price that I have set for entry instead of just buying at high price hoping that the price will move up further. 

I shall now just stick to my wait for the price to come down if it will ever come down, or rather, just missing the boat than forcefully trying to board it.    Also, the current uptrend doesn't really convince me as well. 

   

thunderdoor      ( Date: 13-Mar-2012 12:03) Posted: Maybe it's just retail investors and traders playing among themselves.  I don't know, i play by instincts mostly. A strong rally or reversal wouldn't be flirting with it's broken resistance. It influences the entire trading sentiment of the stock would few people would be able to catch it's prices. People are selling down and getting out, it seems. Very defensive rally methinks, and easy to break back down. james87      ( Date: 13-Mar-2012 11:35) Posted: Me too feel that the overall trading volume is low, which is unlike what one would expect to see during a bullish market. I think majority are playing cautiously.    Btw, what is your ideal volume for a break out that is indicative of a good sign.

 

Maybe it's just retail investors and traders playing among themselves. 

I don't know, i play by instincts mostly. A strong rally or reversal wouldn't be flirting with it's broken resistance. It influences the entire trading sentiment of the stock would few people would be able to catch it's prices.

People are selling down and getting out, it seems. Very defensive rally methinks, and easy to break back down.

james87      ( Date: 13-Mar-2012 11:35) Posted: Me too feel that the overall trading volume is low, which is unlike what one would expect to see during a bullish market. I think majority are playing cautiously.    Btw, what is your ideal volume for a break out that is indicative of a good sign.  thunderdoor      ( Date: 13-Mar-2012 11:29) Posted: Thanks! But it's a very small profit and I'm very greedy! Small break out on low volume is not good sign to me, but it's fate seems to be tied to the overall good world market sentiment now. Although it feels off, sti indicates  bullish uprising but  I feel that the volume across the board is lowish. (maybe it's just me) I can't add much except I think the BB's are staying away as well? I don't have any tools to detect that.  I'm trying to play a cautious hand and keep my finger from the trigger. Any thoughts, james87, ricourean?

 

I think if you stopped doing what your nickname suggests you won't get so much flak, at least give us your reasoning- which we know now that it's an external source. haha anyway since im out i'm secretly rooting for it also

chanting      ( Date: 13-Mar-2012 11:19) Posted: I like this statement... $1.30 from from my external source which it not necessary to say out, it up to someone believe or not, so any problem here?Personnal attack is not an adult act right? So if anyone dont like the eyesoring info here I will just go, no worry its your money and not mine....I got nothing to loose. limkt009      ( Date: 13-Mar-2012 10:24) Posted: No need to fight over different views and own analysis - believe in yourself, long when you think px will go up, short when you think px will go down. It is so simple, relax and live with your actions.

 

Me too feel that the overall trading volume is low, which is unlike what one would expect to see during a bullish market. I think majority are playing cautiously. 

  Btw, what is your ideal volume for a break out that is indicative of a good sign. 

thunderdoor      ( Date: 13-Mar-2012 11:29) Posted: Thanks! But it's a very small profit and I'm very greedy! Small break out on low volume is not good sign to me, but it's fate seems to be tied to the overall good world market sentiment now. Although it feels off, sti indicates  bullish uprising but  I feel that the volume across the board is lowish. (maybe it's just me) I can't add much except I think the BB's are staying away as well? I don't have any tools to detect that.  I'm trying to play a cautious hand and keep my finger from the trigger. Any thoughts, james87, ricourean?

 

Thanks! But it's a very small profit and I'm very greedy! Small break out on low volume is not good sign to me, but it's fate seems to be tied to the overall good world market sentiment now.

Although it feels off, sti indicates  bullish uprising but  I feel that the volume across the board is lowish. (maybe it's just me) I can't add much except I think the BB's are staying away as well? I don't have any tools to detect that.  I'm trying to play a cautious hand and keep my finger from the trigger.

Any thoughts, james87, ricourean?