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Yup. 1.30 would be a reasonable entry price for me.
thunderdoor, ya...I understand your point. Many times I really wanna cut loss, however, when those counters plunged so much it really difficult to just dump and realise the loss. I admit that I didnt learn to cut loss at early stage when I first started investing. Now that I have understood the importance of cutting loss when loss is still minimal.
seems like $1.30 is really coming at the rate it is bleeding for the past few days.
Thunderdoor, minor support should be at $1.365 before $1.30, dont see this $1.365 as strong enough to support but $1.30 will be a very strong support before rising.
james87 depends on your playstyle, for me no matter how big a loss i will cut it. The biggest loss is the opportunity one will miss out on over the years because of a few anchors on your ship. But you need to have daring. Admittedly I will struggle as well when cutting. But it needs to be done. (for me)
They have not announced any dividends.
Yeah...I'm still thinking whether should I forgo some counters at a loss that have been in my portfolio for a long time and divert the cash to this counter. I think highly likely I'll do that if the price reaches 1.3. Some counters that I'm holding right now just do not make any profit after so long. Btw, is Biosensor proposing or has already announced any dividend payout?
I don't have a TP of 1.98 or any of the analyst's TP for the matter. Queued at 1.39 all day but decided to give in by 1 bid half an hour later it drops price i wanted initially. Geez.
Anyway, good price now. Next support after this should be 1.30 as per chanting. You may wait it out for something that may or may not happen.
Cimb also has positive views pertaining to this counter with TP of 1.98. Personally, I quite like this counter and it has shown to be quite resistance to major market sentiments...
Longed at 1.395. You may choose to wait till tomorrow for a better price. But it may no longer be at a good price as well. That is why I bought today. Low volume down is good, risk is considerably minimal.
STOCKS NEWS ASEAN-DBS upgrades Singapore's Biosensors to buy
DBS Vickers raised its rating on Singapore's Biosensors International Group Ltd
It retained its target price of S$1.68.
Biosensors said on Friday it had appointed Jack Wang as its chief executive officer, while Jeffrey Jump will be the president of its newly-created cardiovascular business unit.
" From an organizational structure viewpoint, we see this as a positive step as the group prepares for its next phase of growth, possibly into other new business areas," DBS said.
It said Biosensors' share price, which has fallen by about 15 percent since the brokerage's downgrade on Feb. 9, is trading at an attractive earnings multiple of 12.5 for 2013.
DBS Vickers raised its rating on Singapore's Biosensors International Group Ltd
It retained its target price of S$1.68.
Biosensors said on Friday it had appointed Jack Wang as its chief executive officer, while Jeffrey Jump will be the president of its newly-created cardiovascular business unit.
" From an organizational structure viewpoint, we see this as a positive step as the group prepares for its next phase of growth, possibly into other new business areas," DBS said.
It said Biosensors' share price, which has fallen by about 15 percent since the brokerage's downgrade on Feb. 9, is trading at an attractive earnings multiple of 12.5 for 2013.
kudos to those who shorted. those long like me suck thumb. haha
2 days of lausai another day to recover before this counter rises...
Need Chanting `s help to short down so I can buy more cheaply.
New123 ( Date: 12-Mar-2012 13:39) Posted:
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Going further down to test $1.30 soon.
I sold about 2.6 million shares at $1.68 , now re-enter to double profit. Has very goo faith in this fundamentally very strong stock
stocksburntme ( Date: 12-Mar-2012 13:33) Posted:
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so many rich people around....
Me too, just re-enter bought 1.395 600 lots
ricourean ( Date: 12-Mar-2012 12:25) Posted:
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That's my problem u muddlehead, born looser will lick on their wound and express their personnal attack here. Go Cover yourself with pillow and cry little boy
infancybird ( Date: 12-Mar-2012 11:43) Posted:
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Just added another 40 lots.
PRice drop mainly due to fear of Jeff being removed as co-ceo and ack made the only CEO.
WIth the nws announced and rationale clarified- it can be seen the move is really good. Jeff is posied to help co expand product line - and can see news of more acquistion in comind days. Jack being the sole CEO helps BIG seen as essentially a chinese company and help acceptance of Biosensors/Biomatrix in China and approval of Biomatrix by SFDA.
PRice will rebound to trade between 1.45 to 1.52 next few days. Will again attempt break recent high of 1.70 early next month in anticipation of SFDA's approval.
drop again...hai....anyone buying more?
In 3 years time Chanting`s coronary arteries will be fully choked by his daily roasted pig and duck and he will need multiple Biometrix stents to keep him alive. Hope he still has money left to buy this state of art stent.
chanting ( Date: 12-Mar-2012 10:28) Posted:
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