Cedar Strategic   

A Review Possible?

Yes, audited and unaudited financials can vary.

 

timewatch: the reason is some counters are played up on POTENTIAL earnings growth of the future. since it is not a reality yet it is of cuz logical the slide down will be fast and furious. in this bearish market if you scan through those really can make it company, they are beaten down only slightly from my opinion. i am still queueing quite hard to get them. for penny stocks it will drop further until a support is reached. only the numbers in the published audited financials (assume no doctored accounts) i take as the reality the company is making monies.

 

i also cannot answer yor question, just the fact that it is now very volatile, be careful, might consider screen the radar to keep away from penny counters !

 

knightrider i have been  watching the STI move up and down, and from what i have seen the market sort of plays very safe all the time,the minute there is a problem with DOW, here they keep sell sell sell, and all the counters are down, and for them to move up again take ages.does this happen with the world over or just certain markets.

 

I think market is weak, not much upside for this counter, hope I predict wrongly !!!

 

what are the chances of JADE's performance today?

 

Never never average down...there is no bottom....u know Nike Leeson...he average down and was in changi prison.....can average up in a bull market...because it is easier..u know where to stop buying...but as a stock fell u can never know where is exactly the bottom...there lay the danger..

 

i believe the term for averaging down is like catching a falling knife.

its hard to be objective when one is heavily vested in a counter

 

Averaging down?

I would say case by case basis

If Whole market down.
Averaging down on your 'Believe' counter. still Ok lar.
If u think it is just a correction.

If Whole market Up, and your counter is down. I believe as in the case of Chartered.
->Then Not Advisable.

Just some opinion on a boring market.

 

I know some people advocate averaging. But I find it very dangerous leh... you may be just increasing your exposure to a falling stock.

The last time I tried averaging, it was for Chartered. I started averaging down from $5 plus until $2 plus and then decided to give up.  

Just my humble opinion. 

 

Thanks for the well wishes....We will see...i agreed to have made the call of 0.295. i have been averaging...now worries man. i am holding it for the long haul..

No one can predict the future...so what makes me so special.... No one would expect the subprime to be a major mover for the market. I am chill. The business fundemental for this is strong going forward. Staying optimistic. Trade with care for those whom wants to vest...if everyone reads the forum and make a purchase blindly, they will be in big trouble.

I am sharing this based on my own opinon.

 

 

gho485, best of luck....

 

gho485,

I noticed that you made a similar call at 0.295 on 3rd Aug.

hmmm.

the downward channel is very clear, likely to fall below 20cents very soon.

 

 

Well, for those who have bot at .22 u shld b in the $ now. Hang in there.

 

Did anyone noticed an interesting event which is seldom seen? Two bullish candles with the latter one with lower high and lower low. :)

 

Looks like a pretty straight forward downtrend to me.... 

 

Hi gho485,

How did you determine the support at 0.22? I don't see it in the charts....
 

 

gho485, you can see sea of RED all over, sentiments is weak and thin. Likewise, all support level now becomes rather thin. Even blue chips, their so call support level can be easily break, what's more a penny stock. So do trade with care!!!!

 

Supporting strongly at 0.22...

Any comments?

 

still a potential stock!


just vested 50lots!