$ EuNetworks   

Top Volume but price going down

I heard dat too..but cant see the news on sgx..probably take awhile 4 the news to surface..

 

Unconfirmed news of merril lynch buying in 19m shares ard 12.5 cents recently causes the stock to move up..

 

It reports half yearly results, so you need to wait until Feb. It's a very speculative counter. So it doesn't need any reason to move up.



Maybe, DBSV reiterates its $0.26 target and it'll surge.

 

This counter has potential but have to wait for next release of results and confirmation of more contract wins plus translation into earnings..I see some potential here as management is working hard but at the moment share price probably stay around current levels till a catalyst cause it to jump..but augurs well if you have the patience to wait..

 

It was awarded "Best new Player" by Capacity Europe.

 

On a rebound. However, it just touched the upper downward-sloping trendline. It must break out (above) to confirm the uptrend.

 

If can continue to "break-thru" the upper band, then might see uptrend. But pls take note that A/D & Chaikin are downtrending, esp. Chaikin- steep downtrend.

 

On uptrend now as predicted.

 

Though it's on a rebound, it will take some time to hit its previous peak of 0.215cts.  It may take ages to reach its fair value of ???? (according to SIAS research).  Take profit and move to other shares (with financially stronger manipulators)  This share evidently has "faint-hearted"  and "penny-pinching" manipulators who take small profits and sell down at the drop of the hat.  Shame to them!!!

 

Agree with nostradamus..

 

It's on an uptrend now. Maybe rotational laggard buying.

 

Wow, price had moved up without any major news. Maybe there is a decrease in the number of underwater sharks that will chew those optical fibres?

 

Haha... thats funny... underwater sharks..

Hey... your font very small... can increase it next time?

 

Hello singaporegal, optical fibres can still be chewed by hungry sharks underwater, rite?

In my opinion, say if I have spare dollar I would rather go for China Dairy or China Sun. My theory: squeezing milk or corn, still get something to squeeze.

For short term investment, I still would not recommend any safe bet on chewable cable unless it returns uptrend or hold its breath underwater level below 10cts until it runs out of breathe.

 

This one may have hit its bottom. However, I can't say when it's going north.

 

On a personal basis, this is a counter which I felt it is worth long term investing as they had acquired huge amount of those optical fibres at a very cheap cost (assets-rich) when GV was formed. Nw only waiting for white knights to push this baby up..  

 

Thanks dxxxxxxd, for your comments.  Will be waiting for the stock to go higher.

 

Manipulators  catch"  contra players by continuing to sell down so that they can buy at low prices,or to catch the short sellers by buying up.  They have to try to earn $ both ways.  Manipulators won't  keep on buying up - a share will hit the sky if it happens? No need to average down or  up unless it hits 10% of  purchase price, then die lah, wait forever to recover, if don't average. If so much confirmed biz, GV shd report healthy profit in FY 2007 and beyond, then share will run up, ok.   

 

Aiyah, what goes up must come down, however strong the fundamentals are! The manipulators cannot always be buying up.  This share is NOT for traders. Traders just play up or down any share by rotation.

 

Hi Franicisd, I truly admire your spirit. Technically speaking, it has broken the support level with zero dividend, > 40% off share value and few are caught with surprise @12cts on a downtrend, notice bullish Euro world is doing well excluding them and good news + bullish market condition + CEO confidence has no impact on its price level except huge volumes. Did u ever realize u could get greater internet speeds at lower prices with free stuff and global technology funds remains a negative investment. In my opinion, any upside should be nothing more than huge volumes and mini window dressing in the short term.