Midas    Last:0.192   -

Midas

As of now, 2.09m shares sell down @ .405. Buy up 0.19m shares buy up at .41.

 

ya lo, crc up 43c n cr up 25c. our midas is just like a stubborn cow. 

khng2012      ( Date: 31-Oct-2012 13:57) Posted: http://www.reuters.com/article/2012/10/31/markets-hongkong-china-stocks-idUSL3E8LV27020121031 http://www.bloomberg.com/quote/1766:HK 6.41% breaking 6 dollar soon. Some buyers has started to buy at 41cents. The block wall at 41cents will not last long. Market is full strength in china railway industry related share. Midas is still sleeping. Hopefully wake up this afternoon.

 

Price support looking good. Placing some support at 0.405. Keeping support at 0.40 still.

 

http://www.reuters.com/article/2012/10/31/markets-hongkong-china-stocks-idUSL3E8LV27020121031

http://www.bloomberg.com/quote/1766:HK

6.41% breaking 6 dollar soon. Some buyers has started to buy at 41cents. The block wall at 41cents will not last long. Market is full strength in china railway industry related share.

Midas is still sleeping. Hopefully wake up this afternoon.

 

No more anyhow push for 0.405. Selling has almost dried out, maybe except for contra due players or margin call.

 

It seems like they have not collected enough for themselves.

khng2012      ( Date: 31-Oct-2012 12:59) Posted: The sell queue at 41 to 42cents is unreasonable high. This shall be the fake one to push more people selling it to them. It seem like BB is quite panic to do so since something seem like is going to happen in china train industry.   gavinl      ( Date: 31-Oct-2012 12:47) Posted: At least 4 million shares

 

The sell queue at 41 to 42cents is unreasonable high. This shall be the fake one to push more people selling it to them. It seem like BB is quite panic to do so since something seem like is going to happen in china train industry.

 

gavinl      ( Date: 31-Oct-2012 12:47) Posted: At least 4 million shares? Peter_Pan      ( Date: 31-Oct-2012 12:46) Posted: They need to wait for people to place more quantities in the sell queue before they can cover back

 

At least 4 million shares?

Peter_Pan      ( Date: 31-Oct-2012 12:46) Posted: They need to wait for people to place more quantities in the sell queue before they can cover back. khng2012      ( Date: 31-Oct-2012 11:29) Posted: Most important thing is last 2 days sell down at 40.5 and 41  are not covered yet. The BB who shorted it shall be very nervous now since a lot of people waiting to buy at 40cents. If he sell down later at  40.5 and 40, it will be close to 4000lots, it will even increse his short burden.  Let's see if he will short down further or cover his short later.  The fake block at 41 to 42cents will be easily removed if the buying turn strong.

 

They need to wait for people to place more quantities in the sell queue before they can cover back.

khng2012      ( Date: 31-Oct-2012 11:29) Posted: Most important thing is last 2 days sell down at 40.5 and 41  are not covered yet. The BB who shorted it shall be very nervous now since a lot of people waiting to buy at 40cents. If he sell down later at  40.5 and 40, it will be close to 4000lots, it will even increse his short burden.  Let's see if he will short down further or cover his short later.  The fake block at 41 to 42cents will be easily removed if the buying turn strong.

 

This is SGX, cannot attract the interest from BB, quiet till siao.

 

Trading " halted" for more than an hour.

 

http://www.bloomberg.com/quote/1766:HK

5.34% UP.

Something is going to happen to CSR. high speed train contract or more metro train contract? So long as CSR win high speed train and metro train, 10% of the contract value will go to Midas aluminium components.

Hope to see good news after trading hour from CSR website.

 

Most important thing is last 2 days sell down at 40.5 and 41  are not covered yet. The BB who shorted it shall be very nervous now since a lot of people waiting to buy at 40cents. If he sell down later at  40.5 and 40, it will be close to 4000lots, it will even increse his short burden. 

Let's see if he will short down further or cover his short later.  The fake block at 41 to 42cents will be easily removed if the buying turn strong.

 

Yes. Midas chart is also more towards a rebound.

khng2012      ( Date: 31-Oct-2012 11:23) Posted: Bro, I don't worry now. CSR is up 3 days. According to chart history, CSR rally will give Midas a boost. Peter_Pan      ( Date: 31-Oct-2012 11:16) Posted: Not to worry. Placing support at 0.40

 

Bro, I don't worry now.

CSR is up 3 days.

According to chart history, CSR rally will give Midas a boost.

Peter_Pan      ( Date: 31-Oct-2012 11:16) Posted: Not to worry. Placing support at 0.40. khng2012      ( Date: 31-Oct-2012 11:15) Posted: http://www.scmp.com/business/companies/article/1070695/rail-ministry-racks-unpaid-bills-csr Just found a very bad news to CSR and its suppliers like Midas which may harm Midas 3Q result. Let's hope it won't.

 

Not to worry. Placing support at 0.40.

khng2012      ( Date: 31-Oct-2012 11:15) Posted: http://www.scmp.com/business/companies/article/1070695/rail-ministry-racks-unpaid-bills-csr Just found a very bad news to CSR and its suppliers like Midas which may harm Midas 3Q result. Let's hope it won't.

 

http://www.scmp.com/business/companies/article/1070695/rail-ministry-racks-unpaid-bills-csr

Just found a very bad news to CSR and its suppliers like Midas which may harm Midas 3Q result.

Let's hope it won't.

 

Spiking any moment now.

 

Strong rebound towards 0.45 soon.

 

Placing support at 0.40