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Will it be a Superstar?

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avenger
    06-Nov-2007 11:51  
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Hi 787180... it's been quite a while since your last posting in this forum. Are you still holding on to sinostar and oculus. This time round many caught again.

Yesterday hands were itchy. Lost some $. Went in 67.5c to trade for the day thinking that it will rebound back near 71c but had to cut at 66c.

The chart looks bad safer to enter when the prices have stabilized. With the day traders in it everyday difficult for the prices to stabilize. They will anyhow throw at whatever price at the end of the day causing the price to fall lower and lower.
 
 
787180
    06-Nov-2007 10:59  
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Be careful last fri and thur about 20 and 22mil done...many can'tpick up..may force sell again..what's the upside ..the most bounce bk to 68 to 70cts ,,wait longer say ,60cts safer entry ...don't get caught
 
 
787180
    06-Nov-2007 10:47  
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Agree don;t buy at 66cts..more sellers coming out..may gap down...
 

 
ljkeong
    06-Nov-2007 10:35  
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Look at the charts it will tell you the whole story. Who's selling and buying. If investors dump their shares price would drop even faster.
 
 
llssmm
    06-Nov-2007 10:27  
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yes thats true. if you have already paid up for the stocks and now is moving up on a uptrend. hold until the end of year rally. it will eally reap rewards one. now see sinostar is back at 0.66 again. went to 0.675 already. people keep the faith in it.
 
 
Younglady
    06-Nov-2007 10:23  
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not necessary ah, it could be investor sell ma. they dn't want to wait. by the way, the price is fix at 0.65 u can buy in liao. it won drop like 0.58. As starting is 0.60 , i believe company will try to maintain at least 0.64 / 0.65.
 

 
ljkeong
    06-Nov-2007 10:19  
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Today force sell activities will continue means price will drop again.
 
 
Younglady
    06-Nov-2007 10:05  
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yalor buy and hold going up liao. u cun sense the buying signal??? ok one. by afternoon it will move up further. as yest drop too much.
 
 
ljkeong
    06-Nov-2007 09:52  
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There still no strong buy signal yet. Today trade is purely for speculators or gamblers. Very high risk. Today price looks cheap but tomorrow even cheaper. Better wait for clear buy signal.
 
 
homengkwan
    06-Nov-2007 09:39  
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Hello... think positive, dont panic, just hold or buy more since is "low" now...will bounce back....
 

 
avenger
    06-Nov-2007 08:52  
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llssmm... I also have some holding. 80% have sold on the downtrend. Not to worry I have full confidence in Sinostar and the business they are in...clean gas, good for society... God will surely bless. Back then I remembered I bought into good companies even the humble soya bean, Celestial and many others when they were pennies. I looked at the price every now and then, panicked and cut loss because they didn't move up but went down for months.

I should have just shut my eyes and not look at the price every so often since I had paid for them. Sigh...I would have made tens of thousands if I kept them for a year or so instead of short term trading...stress, sleepless nights and money lost!

 
 
 
jackjames
    05-Nov-2007 21:59  
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Greeting from Tokyo! I will reach Singapore on next Monday midnight.. heee.. but hey, what's going on with STI ?? crash again , shit uh... no worries, the game is not over for Sinostar, just remember, any price below 0.58, just close your eyes, and dump your money inside, the upswing is 99% from 0.58, cheers!

Not vested .
 
 
zhuge_liang
    05-Nov-2007 21:04  
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The plunge in the price from the peak is not surprising. The higher the climb, the harder the fall.
 
 
llssmm
    05-Nov-2007 18:44  
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rebound if not really sian
 
 
mazimaz10
    05-Nov-2007 18:40  
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Since it drop below 50% level 76c from high 98c, the next level we will see is 56c to 76c..
 

 
mazimaz10
    05-Nov-2007 18:37  
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hard pain to say how much but it really beyond our control........

Pray hard they will rebound 2moro if not............................
 
 
llssmm
    05-Nov-2007 18:31  
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just wondering. how much all of u have lost here? i lost alot. more than 50 k already. u all? but lets pray hard together it gathers steam again ok
 
 
virgoan
    05-Nov-2007 17:57  
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I think game over for Sinostar.
 
 
llssmm
    05-Nov-2007 17:48  
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hey, oil price in china is fixed. cannot buy or sell above certain price. its really the capacity of sinostar now. hey anyone dare call the company to ask the exact date?
 
 
juliovu
    05-Nov-2007 17:31  
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Don't expect good results from the quarter financial statement. Products of Sinostar are derivatives from crude oil which has been marking record prices recently, as a result, production costs are much more higher than expected and make less benefits than previous. Let wait and decide whether go in or not when the quarter results will be revealed.
 
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