
Dun know leh...I felt that even the price goes up, we will earn approximate $400-500 per lot at most. But this gain is short term as many will sell into strength and down goes SGX again. On the other hand, if we take a longer term of 1-2 months, fundamentals will not support the counter to gain....just my thoughts....
aiy...not worth the risk at current moment leh...
Why buy now? Europe will open in red later today. There might be another plunge in the afternoon, just before the close. Also DOW Futures very red now, may open in US red and STI will plunge again tomorrow. I doubt there is kopi $$ around. Take care folks.
Now just 2 points above Citi Group suppost level rating of 6.45. Morning it plunged as low as 6.42. Missed the shot this morning. Later bought few at 6.46, see got kopi $ or not. Cheers.
it may do so and hit $7 given the Fed announcement....however what other hopes are installed after the Fed rate cuts........it seems that ppl might sell into rally as bad news are awaiting still...
$7.36 seems to be the resistance
My view is SGX will not likely to topple below 6.00 this week. It may even hit 7.00 on coming Wed/Thu, after FED announcement on rate cut. Cheers.
0229 GMT [Dow Jones]
SGX (S68.SG) hit hard by market selloff as investors fret depressed stock market volume will hit company's profits; share down 5.3% at 12-month low of S$6.44 with orderbook tipping buying support at S$6.40. (STI down 3%.) Analyst at local house says stock is closely tied to wider market's fortunes; "it's a high beta stock; when the market swings, it always overreacts one way or the other." Adds, stock unlikely to rebound until investors feel shares have reached bottom of bear market. Selloff on fairly low volume, stock clearly oversold on RSI, stochastic oscillator; suggests stock could see technical rebound at some point in near term. But longer-term trend likely to remain negative as long as equity market sentiment stays poor. (KIG)
People will find it encouraging to short it to $5.95 since the market is suffering from terminal cancer.
i really wonder if we will see $5++ by this week...
Can we target to short this guy to 6.20 by end of the day? hehehe...vested!!
Really siow liao. But who can stop people from becoming kee siow to short? SGX (SES/CDP) are the initiator. But one thing, they don't have limits for borrowing and shorting, even naked shorting.
Just throw everything at any price and you will still laugh to the bank!!!!!!!
hee....looks like more SHORTING then SGX buy-in back leh..hee...
SHORTIST become siao by now...SHORT until KI SEOW !! hee...
Time | Last | Vol | Buy/Sell |
11:04:28 | 6.420 | 1 | S |
11:04:18 | 6.420 | 58 | B |
11:04:06 | 6.420 | 16 | B |
11:03:28 | 6.430 | 2 | S |
11:03:26 | 6.430 | 1 | S |
11:03:14 | 6.430 | 1 | S |
11:02:49 | 6.430 | 25 | S |
11:02:43 | 6.430 | 1 | S |
11:02:42 | 6.430 | 2 | S |
11:02:35 | 6.430 | 58 | B |
11:02:29 | 6.440 | 2 | S |
11:02:23 | 6.440 | 1 | S |
11:02:18 | 6.440 | 3 | S |
11:01:32 | 6.440 | 25 | S |
11:01:02 | 6.440 | 1 | S |
11:00:57 | 6.440 | 4 | S |
11:00:56 | 6.440 | 2 | S |
11:00:56 | 6.440 | 3 | S |
11:00:50 | 6.440 | 1 | S |
CDP will buy back at 1130hrs T+4(working day) and plus 2 bits higher. Comms rate is 0.75%+++.
Broker should be able to tell you est earning at end of T+3 trading day. And he also can tell the exact among after T+5, before you rcv your Contra Statement days later. For UOB, broker will alarm you the details on your naked shot counter whereas for Vickers, only the Online Helpdesk person will inform you, with less info.
Thanks, will let you all know when I receive the statement a few days later. Cheers!.... FUTURES is touching 300 RED, watch out, might turn around, dun get caught!
ekekeg, i tot down $0.5 would be nicer..hehe..
kokz idesa ah...is around 1130am laaa
Already down 36 cents. Don't expect one day to come down to $5.00 lah... Wait, don't cover short yet.... let buying in better.
I really have no idea when they will buy back. Viruz says today 11am, DnApeh said Friday close. Whichever the day buy back, it's still blow my 7.05. Cheers. I will not be playing today, my "KIM" (GOLD) is making $$ for me today, enuf liao dun be too greedy...hehehe!!!
how come its not gg downnnnnnnnnnnnnnnnnn.......idesa168!!!today naked short buy back hor! congrat!!!wink~
The overall market is bad for SGX. So be very careful. Dwindling transactions is bad not only for SGX but also will "kill" some brokerage firms. Keep away from these counters since their lives depend on the stock markets.
Hi, idesa168. The naked short will be bought in at last Friday's closing price, being likely to be higher than today's price at 11am.