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No one will be interested in buying unless the price gaps up substantially. Like that..who want to buy lol
Flushing also no use I guess retailers not keen to buy anymore
9hly99 ( Date: 17-Oct-2013 16:01) Posted:
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the flushing will bring it down to 1cents
Lol my loss not 4 digits say wrongly. I bought 400 lots. It's 5 digits. But yea.. I am using cimb too and they make it v difficult for me to sell Innopac by restricting the stock. I have already sold half at a massive loss he am intending to slowly let go the rest as the price rallies (hopefully). If it doesn't, well at least I am lot less stretched financially now than I was before since my exposure is a lot less. My cutting loss was an emotional need as well as for financial reasons.
Sammy123 ( Date: 17-Oct-2013 14:10) Posted:
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Bro, I know how you feel. My loss is 4 digits and is above 5k for your info. I already cut my losses and not gonna touch this counter anymore. I don't know, but maybe you should do the same too. It's your own choice man. I bought at 0.087 and sold at 0.033 yesterday. You can imagine how painful it is to cut. I took the money to buy something that has fundamental, at least I know now I can sleep well every night and I do not have to have a worried feeling when the clock hits 9am and the opening price is red.
Cimb has placed restrictions on this counter which means that whoever wants to buy will have to get their broker to buy it for them. And as all of us know, UOB has also done it too. So this means that chances of manipulation of this share will be rather low and that BB might have already moved on to other counter which has no restrictions.
Anyway, this is just my personal opinion. Think about it and do what you feel is right, afterall, is your investment, not ours. So decide what's good for you!
All the best!
relax bro
cccx123 ( Date: 17-Oct-2013 13:46) Posted:
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Dude.. What else is there left to flush. But that is it. Already sold 50% of my holdings bought at a price more than 150%
over this current price of 3.5cents. Have had enough. Will keep liquidating but definitely keeping several lots to attend the AGM next year or whenever they dare to call for one. Will bring a few dozen eggs to sell to fellow investors/traders attending the meeting and for personal use. Might even recoup a bit of my 4 digit figure loss.
ruready ( Date: 17-Oct-2013 13:31) Posted:
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Just sitting and see the show,,,,,,don't buy still flushing,,,,,,waiting for better price,,,,,,,at South Pole ,,,,,,,
Blumont is dragging Innopac to Hell....
Need to wait till sgx lifted the restriction.of the 3 counters...slow and unproductivity singapore world.class stock.exchange
How long .. to wait....
Patience is needed on this stock...
newbieliu ( Date: 17-Oct-2013 11:36) Posted:
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Hee...I q lower at 2.9today...
Never go up at 0.038 but dropped back eianzz
Liverpool77 ( Date: 17-Oct-2013 10:01) Posted:
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It might test 0.04 today...let's see
guess today gonna be goreng kateks day ...
Tomique ( Date: 17-Oct-2013 07:48) Posted:
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guess from the posts here can probably gauge there're lots of outstanding short positions ... :(
Open at 2.9 ?
I think over sold be now...
if below 0.2 should be good time to collect
Any rebound is short-lived as the target for this px is still 1 cent