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Exactly, for me is only to punt a bit lah, say 100 -200 lots at half cent. Returns is real high at 100% in a matter of days. But imagine if u kena 1 lot at half cent, that really sucks man.
The daily buying queue for this counter is very fierce (ie. competitive), since one can double one's money so easily...
Everyone wants to grab a piece of this goodie, especially @1/2c..
This company had no business model. The company signed a non binding MOU with a property firm and then decided not to go for it. Then the the company signed a non binding MOU with a mining company. What does those non bind MOU mean?....Waiting for a goo knight to save them.
This one has no more space to go down further, unless it close down!
I am betting that it will rise marginally with good spore economic forcast (not company) in 2008.
Could this be similar to that of the Centillion? When the real owner decided to dump the shares in very big lots, what to expect on price but drop? May need a new knight to pick up large ownership else who will support the share price?
So those BBs is...................closing it act and move on to the next target. Oni those who heard 2nd or even 3rd hand news can go on to buy /sell...Cheer, have a new year resolution.
One of the reason for dropping is because the director,
Mr Vincent, has reduced his stake by selling in open market...recently! So becareful...
The drop recently...!!!!
Due to the speculative nature of the un-arrival of the promises good and with some help from sub-prime woes, it reach a high of 7-8ct, then downhill was forestall at about 5-6ct before it slowly slide toward 3-4ct, then for yet another un-arrival of promise good, it contiune it slide to 1.5-2ct before it touch down at one (1) cent.
Hope it help to Answer Y? Y? Y? px keep on droping......Cheer. Have a happy new year.
Anyone know what caused the drop recently? I mean Digiland had reached 1 cent before but will always bounce back after one or two days. It had held on to 1.5 cents even during the terrible month in Oct and Nov. What changed?
LazyHorse... :)
That is a real problem... this can be expected... your broker should have warned you beforehand...
But your broker cannot help you now and you must pay up for the partial done order.
give u guys some highlights of sell down today..
| 12:08:02 | 0.01 | 3,000,000 | Sell Down |
| 12:03:59 | 0.01 | 8,000,000 | Sell Down |
| 11:57:33 | 0.01 | 4,000,000 | Sell Down |
| 11:54:24 | 0.01 | 4,000,000 | Sell Down |
| 11:46:06 | 0.01 | 3,000,000 | Sell Down |
| 11:43:30 | 0.01 | 3,000,000 | Sell Down |
| 11:41:42 | 0.01 | 3,000,000 | Sell Down |
| 11:38:42 | 0.01 | 100,000 | Sell Down |
| 11:38:36 | 0.01 | 3,000,000 | Sell Down |
| 11:37:13 | 0.01 | 4,000,000 | Sell Down |
| 11:23:30 | 0.01 | 1,015,000 | Sell Down |
| 10:44:48 | 0.01 | 2,000,000 | Sell Down |
| 10:41:07 | 0.01 | 1,065,000 | Sell Down |
| 9:12:22 | 0.01 | 1,616,000 | Sell Down |
| 9:06:16 | 0.01 | 4,200,000 | Sell Down |
Bought 1 lot at 0.005 cents but ended up paying more for brokeage fee ?
As you can see, this kind of trade is highly lucrative and thus also highly competitive!...
0.005ct one (1) lot done...wondering which lucky dealer or remiser got it.
While yesterday four (4) lucky deals is made for 1,200 lots at also 0.005ct. If sold at 1ct. It's 100% profit in just one single trading day.
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.005 | 1 | 1,000 | 1,000 | 0 | 0 |
| 0.010 | 145 | 85,916,000 | 55,063,000 | 0 | 30,853,000 |
| 0.015 | 4 | 2,401,000 | 0 | 200,000 | 2,201,000 |
| TOTAL | 150 | 88,318,000 | 55,064,000 | 200,000 | 33,054,000 |
Oni one (1) lot is done.....for today Thurs 27-12-2007.
| teeth53 | Posted: 18-Dec-2007 22:07 |
| FYI: Only Dealers and Remisers has priority access to the trading system 1st B4 others. |
Just a personal gut feeling, I think there will not be more dumping at half cents. I think the previous few trades at half cents is a plot to maintain the price at 1 cent while BBs accumulate. Most of the trades are done at 1 cent while only a minority is done at half cents for the past few days.
Imagine the amount of money lost if the price reaches half cent! Not only will retail investors get burnt, but also the fund managers who had accumulated plenty at 1 cent and 1.5 cents. Imagine the amount of money that they lost. How are they going to explain to their management?
i am waiting at 0.005. pls dump some more.
more and more trades done at 0.5cts liao... coming to my turn soon.
Can somone explain how to read the charts below me a bit slow.
Trade summary for Wed 26-12-2007. Oni one (1) lot done today.
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.005 | 4 | 1,200,000 | 1,200,000 | 0 | 0 |
| 0.010 | 222 | 88,976,000 | 40,292,000 | 0 | 48,684,000 |
| 0.015 | 1 | 1,000 | 0 | 0 | 1,000 |
| TOTAL | 227 | 90,177,000 | 41,492,000 | 0 | 48,685,000 |