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2.40 now, phew....how much money and investor kena wash down the YangTze River these few days huh ?
Coming up a bit now. 2.44
aim long term and u can sleep peacefully, if u aim short term u will go in pieces!
Shorties must be enjoying every bid drop of this counter for the past days.
It's a mauling, now down to 2.41...
new and want to know what is BBs?
who is dumping? have to keep our focus and see how it goes... sometimes bad thing doesn't mean bad at all... so it is all up to you guys to see when it happen
Yes, This counter sucks.
Anyone know why this counter keeps going down
I still have not seen any sign of reversal from the chart yet...there again, I may be wrong. History told us that previously when YZJ being sold down, it recovers very fast in a couple of days. But this time, I feel that the selling is genuine and the BBs are serious in dumping their lots. It's something we do not know...maybe Forex loss bigger than Labroy and SCM.....afternoon maybe even more aggressive selling, just a hunch, pls dun quote me, I scared to die...hehehe!
Down Down, Dump this sucker, only direction is down! 2.3 and 2.
This counter is value is depreciating as dollar fall! contract shrinks.
this counter not worth 2, yup 2! dollar going down and yen going what u have shrinking value of
Yangzijiang contract!
mmm...I see that this thread is quiet and not many get burnt. I see more selling will continue in the afternoon as the BBs are still throwing in big lots. If not bcos of the retail investors with less than 20 lots to support this counter, I am sure YZJ will be at 2.40, at least....why retail investors are support the price when the BB are throwing huge lots, I dun know, I am puzzled.
As anticipated, the BBs are desperate to let go. Throwing in big lots. If break 251 psychological support, watch out for more pitfall ahead. Trade cautiously. Cheers ....to the survivals
Might have a selldown in the afternoon. Trade cautiously. Dun get trap by the lots of buying up this morning. I think the BBs are desperate to let go their holding.
This is definitely oversold. Selling on anticipation, but so far nothing happened...
yes, indeed... it is the game of those who've money and power...
HAVE FAITH, MARKET IS ALWAYS THERE AND TRUELY, NOBODY... ABSOLUTELY NOBODY WISH THAT THE MARKET WENT BEYOND CONTROL
good buy for those who hold between 2:51 - 2:56
Tested at $2.510 recently. A drop pre fed ex cuts to the market making alot of people jittery. All the best for those who had vested around the region of $2.50 to $2.55. Fundementals of the company still strong.
Politically, socially, and economically, it's all inter-related. It's part of the rules of the game. It's up to the big boys or superpowers how they want to play their game. We are watching the game from the sideline, we see their completed moves, and we may anticipate their next move, but we can never truly know their strategy.
Months back Greenspam said China property bubble never mentioned own country sub prime crisis
Politic is a dirty game, correct? Now someone said all China stocks going to crash, how he knows if he is just a small fry in the market. MM Lee never say. Anti China emotion. If China economy crashes South East Asia also suffer including Singapore.......
It's call china bashing!
expect the unexpected!
For YangziJiang short term investor, you guys are bleeding badly and for CFD Long
The casino House wins again!
Hope you guys can make recovery from other counter.