
Your Gaecia jie-jie is right...
You have already lost in this trade.. you have to accept that fact..
Whether you buy or sell again later is another separate trade itself.
Don't complicate things by 'doubing up' if it falls further..
As an active trader, I would have dump it away.
But then, if you still hold it, it may go up to your
break-even price or higher later,
but no one knows when...
Gaecia ( Date: 05-Jan-2011 01:01) Posted:
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Brokerage will coverage a counter based on fact.
They are truthly useless.
KE released analysis to Gaoxian afternoon they saw the push down and say that the correction is expected la blablabla.
China Gaoxian (CGXF SP, $0.44)
Key levels
Resistance 2: $0.50
Resistance 1: $0.47
Support 1: $0.40
Support 2: $0.35
Short‐term momentum indicators are extremely
stretched, understandably so given its outstanding
performance in the past few months. The stock
appears ripe for a correction. However, there does
not appear to be any negative divergence, suggesting
the overbought indicators may remain overbought
for some time yet. There may be another push later.
should release the day before what.
So brokerage can trust?
teeth53 ( Date: 04-Jan-2011 23:27) Posted:
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This time I agreed with uncle bon.
But I still believe there is a 3rd wave.
I have been told before
1) Comparing with Sunmart PE after listing at KRX Gaoxian IPO price at Korea could be 0.55
2) Based on Gaoxian management mentioned on his announcement the PE 16 could be materialized then Gaoxian IPO price at Korea could be 0.65
3) Gaoxian IPO price are not above and not higher than current price.
The current situation is because after 5 days rally the short term and contra players definitely will cash out the investors won't enter to catch high price. I do believe another big cheong will be happen within 4 days.
If uncle bon 49% prediction realized then no 3 is the fact.
cheongsl ( Date: 05-Jan-2011 00:22) Posted:
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Time to sell.
This one should not be that high. Its fundamental is clearly not that bright as its price now.
Speculators are playing.
Look for other punts
Better to save your money , don't hire either. Save on salary and save on tonics ^^
Cheers.
PowerReloaded ( Date: 04-Jan-2011 22:15) Posted:
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pls x 3 remember, u do not double holdings in a downtrend to extend your risks. Just when the correction will be over, one has to dutifully check the charts on a daily basis for signals.
bladez87 ( Date: 04-Jan-2011 18:22) Posted:
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![]() Raymond Wong, CFO, China Gaoxian. File photo by Sim Kih
Revenue was up only 5.7% year on year while net profit rose 5.2%. One of the key areas of investment was the acquisition of 100 sets of warp knitting machines in 1H2010, which increased Gaoxian’s annual maximum production capacity of warp knit fabric, a high-end fabric, to 81,000 tonnes by end of FY2010 from 17,000 tonnes previously. In a meeting with analysts yesterday, Gaoxian CFO Raymond Wong clarified that the company's new production machinery needed time to be tested after they were installed. And some of the existing older machinery underwent downtime for servicing and upgrading. |
True. very true. All pending who are those players vs players playing with. Someone sell and some got to buy.
Punters don hold--push and dump Vs speculators Vs investors Vs diehard fans Vs kiasu-risum and so on.....
anyway, today pull back doesnt only apply to the gem. basically all the solid mid liner stocks as well. all analysts are very optimistic about the risk mood globally. should aggressively buy into gem which benefit most from recovery pharse of the economy. something are better left unsaid, if you trust and follow my previous posts, all investors should know exactly what to do with my following posts.
load up before you are left out x 1001 times


























load up before you are left out x 1001 times


























nope. px range will be around 44 to 46, to consolidate. today sell volume looks no significant big sellers are in. all sellers are small profit takers.and it will not ever go below 0.425.
the px if to range bound on the former range, we shall see it break 50 cents. i have spoken to the cfo indirectly before. more than 50 cents i shall believe it will come, in fact, to be exact, 0.550.

load up before you are left out x 1001 times


























load up before you are left out x 1001 times


























rotijai ( Date: 04-Jan-2011 22:18) Posted:
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Did tis CFO got news blown out for his boss or bosses.....to be exact 0.55c.
careful, careful hohh.
Careful on what is posted, said and or mentioned here. About knowingly what is tis exact 0.55cents about ?.
Isit insider news ??.
masterlim8888 ( Date: 04-Jan-2011 23:42) Posted:
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load up before you are left out x 1001 times


























nope. px range will be around 44 to 46, to consolidate. today sell volume looks no significant big sellers are in. all sellers are small profit takers.and it will not ever go below 0.425.
the px if to range bound on the former range, we shall see it break 50 cents. i have spoken to the cfo indirectly before. more than 50 cents i shall believe it will come, in fact, to be exact, 0.550.

load up before you are left out x 1001 times


























load up before you are left out x 1001 times




















































load up before you are left out x 1001 times


























nope. px range will be around 44 to 46, to consolidate. today sell volume looks no significant bb are in. all sellers are small profit takers.and it will not ever go below 0.425.
the px if to range bound on the former range, we shall see it break 50 cents. i have spoken to the cfo indirectly before. more than 50 cents i shall believe it will come, in fact, to be exact, 0.550.

load up before you are left out x 1001 times


























load up before you are left out x 1001 times


























Sure cool when it stay below 0.40, now targeting 0.50c, (a little hot liao), whoever is holding to this baby, hope would not be the last and hope it list above 0.50c.
some will always peer compare to 16x, err....maybe 12x or even 10x upon listing in korea.
Monday gap up...ya. How do punters want brokerage houses to rate this at 16X, 12X or 10x ?.
This are stock everybody lov. It a gem now, however after listing in Korea, how then further up side to justify with more potential huge earning coming in....?.
one thing we can see is that.. tmr is a downtrend for this counter.. as predicted by bon..
the 51% vs 49% thingy.. simply just wan he hopes ? lol
Gaecia ( Date: 04-Jan-2011 22:28) Posted:
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Perhpas, the company chose NOT TO have coverage .
Once a stock is being discussed among brokerage houses , the result is disastrous.
masterlim8888 ( Date: 04-Jan-2011 22:42) Posted:
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load up before you are left out x 1001 times


























load up before you are left out x 1001 times


























nope. px range will be around 44 to 46, to consolidate. today sell volume looks no significant bb are in. all sellers are small profit takers.and it will not ever go below 0.425.
the px if to range bound on the former range, we shall see it break 50 cents. i have spoken to the cfo indirectly before. more than 50 cents i shall believe it will come, in fact, to be exact, 0.550.

load up before you are left out x 1001 times


























load up before you are left out x 1001 times

























