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yes. thats the one,. u go read reuters news. havent open already bid up 2 times of ipo price. i think someone in this forum or channelnewsasia keep saying that china petrol is the main owner of sinostar. therefore, it will be pushed up on monday when china petrol lists. so i am wondering who said it and would like to clarify against my own research.
Bro IIssmm,
Petrol China list monday on Shanghai Bourse right?
Dunno when IPO here....
who was the one who siad china petrol is parent company of sinostar? please admit? china petrol listing on monday. expected increase 2 to 3 folds a day
Coming monday is more cheaper. See how it goes.
hey people. did anyone contra in the morning like i told u all to. haha. see who is right at the end of the day. i contra at 0.695 50 lots in the morning. so technically i have made a profit when it closed at 0.72. i knew it was already very low in the morning and was quite unlikely to hit too rock bottom. guess the person who said support is at 0.70 is quite right. if u short at 0.695, even if u bought at the lowest 0.685. u would have lost out cause you would have expected it to drop more and not bought. and at the end of the day, the boker would have bought for you at 2 bids above. which is like how much. oops. thanks little star. i will just find a way to raise the money to pay as much as i can for this stock. glad i caught it and was decisive in the morning. sorry to all those who said short at the opening bell.
lucky close at 0.72, at least above the 0.685 
....lets hope next week will be higher
....lets hope next week will be higher
Next week i believe there should be some technical rebound to 0.75 ~ 0.78cents.
Hopefully there is some technical rebound or good news announcements. If not will it drops to 0.60 cents?
don't say sounds like la... you should see the chart by yourself, it is very easy to see at this counter, the support point is at 0.58, BUT, if you don't want to miss this crazy horse, tikam at 0.685 to try your luck , the chances is higher to strike TOTO, i have to admist this horse can went up crazily until you can't even stop it, why ? because it was trading at range of 0.78-0.94++ level for the whole month, so, it is not hard for the star to reach that level....
sounds like it's dropping further.....will sit still and watch then....
0.685 "support point" formed today only lei... the real support point is 0.58 !
suggest to look at sti support rather than individual stocks especially new stocks..
Do not panic now... the strong support is at 0.685...
If it drops further than 0.685... cut loss
lissmm is another case of liking a stock too much that he/she find too much reason not to sell when it should be done.
i hope reader of this thread learned from this lessons. sinostar no matter how good could be bought at a lower px. that is value investing. buying as low as possible. as it doesnt have much trading days. it is hard to give much ta readings. the next major support may be at 0.65, 0.615, 0.545. all this are minor support px.
interested but not vested yet
good luck!
trading @ 0.69 now ...drop 0.04 so far
Oh no..... It's coming DOWN!!!
Strong support at 0.7 now.
Hope it doesn't break, will drop further if no support.
As long as company in very good shape, there's matter of time price will pick up again. This drops just due to sub-prime issues only. If this issue become a serious issue not only sinostar price drops, whole market will drop drastically. Collect again at 0.70. Sit tight and waiting for good time to come.
hopefully the report is good, either wise the star will drop from the sky......
and according to reuters this morning, people are pulling their money out of us to invest in other less developed industies such as china. this is due to the fact that they still belieeve there is a demand and more room for development in asia and china. thereforre, my guess is that shanghai stock exchange will go up today, as more investors will be searching to put their money else where. and with the beijing olympics coming. there is more reason to believe in sino star. due to their production of polytrene used in making plastics and other household products