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the fund manager has no choice but to keep their promised to stablised the counter during a certain period. once the period over, the counter sure will dip.
My goodness....drop below 0.65 again.....IPO manager doing stablization buying again....Really got a lot of fund....guess they are confident abt this counter...Mercator....all the way man......
PinkyGoh...does this means they acc ard 67c..that means they push onceit is done...right???
when oil price remain high, all shipping line profit will be affected.
Dow Jones drop again...guess the whole market may be down on Monday....shortist will sure bet on this counter...
...difficult for this counter to reach back to its IPO price unless got some good news or BB support....sianz......it's have been trading between 0.64-0.68 averagely....
well, they are creating almost 20% of the demand yesterday. Imagine if this demand was not there, I think the lowest price transacted would be lower than 67.5...just my 2 cents worth of thoughts.
Hi, Pinky Goh...the "who" who is pushing up and down the px can be translate into goodness for this counter or otherwise???
today vol is 17.8m, out of which 3.4m was transacted by stabilising mgr.
price ranged from 67.5 to 70, and this is the price range traded by stabilising mgr.
So, who is the one pushing up/down the price?
Yes..agree with you..but there is play here ..so $ to make here..go with it for a moment..thanks for feedback....best trades.
oil price up, shipping line will be affected.
This forum is very quiet...it take affinity for us to share here...i think there is something going on for this counter...buy in ...i see there are goodness in day ahead..look at buyer acc all below 70 for great push later...DYODD...good luck..vested 200 at 64 to 68.
Take note of Cacola also...good luck and best trades..
stabilization has stop, meaning weaker player had sold out.
left behind are longer term player so px should inch up steadily to ipo px.
just my thought
Still below IPO price but hope it will move up soon. Hope to heard some good news....this stock could be the next YZJ, NOL or even STX PO....still undervalued......Big boys open yr eyes big big....
Today acc more at 66..then later get out of Q to buy more this at 685...this one will be for FD..
Yes,agree with you..amitkatyal..shipping should not be bad for the next few year...this one got potential..may not up to STX,but if it break 1.2 will be ok with me...remember..the saying buy when there is fear and fear when when there are alot buy..
Buy before the masses and sell when they chase...
Look at Hyfluxwater..the first day got it at 715..now that is history..dont htink u can get that px..q at 74 alos cannot get...got to buy up..good luck
Just wait n watch, For STX PO also, it had taken 1.5 yrs to cross 1$ mark. Mercator will surely show it's colors after few months.
mercator compare to stx, stx is much bigger in operation and size. maybe u compare mercator and other small shipping line to get you the biz feeling.
remember, the next BULL are India and China, never underestimate them.
Wonder if this Indian Mercator can be another Korea STX PO...hahaha...let wait and see.
when in double..u SHORT it shall never fail u :P..hee
