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Good explanation indeed. Thank you.
Isolator ( Date: 30-May-2011 17:19) Posted:
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This is not a buy call, also don't know how long will they keep accumulating.
rotijai ( Date: 30-May-2011 16:43) Posted:
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TA dont work 100%... It is 100% at the point of review until it break.... This is why to me, every trade I place is 100% sure... lol
Some people seems like wanted to push Cosco down to break the trend..... Can they do it? Trends need to be respected...
Does TA 100% work?
Isolator ( Date: 30-May-2011 16:54) Posted:
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haiyo..
this ship.. either u go up and break $2 and let me jump out..
or not u come down to 1.9 for me to fetch another half of me..
dont stuck there leh -_-
Isolator ( Date: 30-May-2011 16:54) Posted:
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You can never see 1.91 again.... it is in uptrend channel....
2 big fish is fighting...
Still trading within 1.90 to 2.00.
Will long this at 1.91 and short this at 1.98.
:p
Very interesting selling..... But I will still hold tight....
how accurate that " sources" ? i see also this is accumulation pattern...
hpong5 ( Date: 30-May-2011 16:41) Posted:
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sifu hpong.. this kind of " news" or " sources" .. will mislead newcomers -_-
hpong5 ( Date: 30-May-2011 16:41) Posted:
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Sources say that big foreign houses are accumulating. Goldman Sachs is one of them.
Limited downside.... No matter how they play, they will still need to respect the markets... opportunity for the shorties to cover back their shorts....
u r right...just play range and keep accumulate cheap cheap thus push high high...so they can unload and unload...
agent_skali ( Date: 30-May-2011 16:19) Posted:
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this girl having pms for a week liao. up down up down up down...
BB continue to play in range...and retailer will be dumping as soon as they see 1.99 -2.00... very sad
Cosco says 2 Sevan rig contracts become effective Tags: Cosco Corp | Sevan Marine Written by Thomson Reuters Monday, 30 May 2011 13:46 Share this Digg Del.icio.us StumbleUpon Netscape Yahoo Technorati Googlize this FacebookExport PDFPrintE-mail Singapore-listed Chinese shipbuilder Cosco Corp (COSC.SI) said on Monday that it has entered an agreement with Norway’s Sevan Drilling for construction of two drilling units worth around US$525 million ($648 million) each. A letter of intent for the two rigs was signed in March. The deliveries of the drilling units are expected in the fourth quarter of 2013 and second quarter of 2014, respectively. The firm added it had entered into all four vessel building contracts with the subsidiaries of Sevan Drilling ASA, a unit of Sevan Marine. Separately, Cosco said it had made effective a US$114 million contract with ATP Oil and Gas to build a topside module — a production unit for oil and gas — which is scheduled for delivery in the third quarter of 2013. Cosco shares were hit last week after news broke that Sevan Marine had cancelled its planned US$275 million rights issue and was seeking restructuring as it could not meet its project liquidity and financing requirements. Back to TopQuote this article on your site To create link towards this article on your website, copy and paste the text below in your page.
Preview : Cosco says 2 Sevan rig contracts become effective Monday, 30 May 2011 © 2011 - The Edge Singapore Last Updated on Monday, 30 May 2011 13:49
COSCO is on Fade ball flight ???
Not sure did you apply the sell on news principle properly..... Anyway, the uptrend already substain when it hit 1.88... What they sold just now.... they will need to cover back....
infancybird ( Date: 30-May-2011 15:58) Posted:
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FYI, I have zero share interest in Cosco. Buy on rumour and sell on News. Now is the time to be careful as News has emerged. Cosco`s uptrend is not able to sustain because a lot of frighten soul will sell once it has gone up a few cents. Up in the am and down on closing.
Isolator ( Date: 30-May-2011 15:44) Posted:
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