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OMG, to short this bugger when it drops below 13.5 is even more suicidal, with support at 0.12 n the lower sloping support line, if it bounces up from 0.12 support n the lower sloping support, asshole bleeding n panic short-covering.
Actually, I intended to just keep quiet n let him/her burnt asshole but decided to post to forewarn gullible newbies being an innocent victim. n follw shorting.
newtothis ( Date: 02-Jul-2009 20:22) Posted:
naaa if this burger really cross 0.135 we gonna switch side and short this burger below 0.10 cents. We gonna make his rights issue a fail
fartist ( Date: 02-Jul-2009 20:20) Posted:
| Okay so they're raising money again when they're alraedy holding on to so much money? Doesn't make much sense to me. And how does having a ceo with 33% rights make it a plus point? Thanks. |
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So easy want 0.16 than 0.16 meh. There are many BB around............ not only one.
Ya btw RichTan, so that means 0.125 (that Bintang mentioned) is the worst that it will fall before picking up?
richtan ( Date: 02-Jul-2009 21:10) Posted:
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 newtothis, u so garang to shout "Gonna Touch 0.16 TODAY", wat say u,
neither yesterday nor today did it touch 0.16??
Actually, I initially had no intention of doing a TA on CSI as this is a TA detractor's baby n a nemesis of TA but as he/she is so intense in druming up with buy calls with intense one-liners n criticising TA, I feel compelled to do justice to TA practitioner, I finally decided to do a chart analysis, hope fellow TA practitioners can exchange pointers with me n correct me any mistakes.
richtan ( Date: 02-Jul-2009 01:33) Posted:
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did it toch 0.16??
Tomoro maybe or maybe not. |
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If Dow continue to drop more tonight, i thk all counter will drop tomorrow.
Emm seems like lots of negative news fr this baby huh.
newtothis, u so garang to shout "Gonna Touch 0.16 TODAY", wat say u,
neither yesterday nor today did it touch 0.16??
Actually, I initially had no intention of doing a TA on CSI as this is a TA detractor's baby n a nemesis of TA but as he/she is so intense in druming up with buy calls with intense one-liners n criticising TA, I feel compelled to do justice to TA practitioner, I finally decided to do a chart analysis, hope fellow TA practitioners can exchange pointers with me n correct me any mistakes.
richtan ( Date: 02-Jul-2009 01:33) Posted:
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did it toch 0.16??
Tomoro maybe or maybe not.
newtothis ( Date: 01-Jul-2009 13:22) Posted:
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I guess i'll wait till the 2nd quarter results is out before i make a decision, thanks all.
Dyodd
newtothis ( Date: 02-Jul-2009 20:22) Posted:
naaa if this burger really cross 0.135 we gonna switch side and short this burger below 0.10 cents. We gonna make his rights issue a fail
fartist ( Date: 02-Jul-2009 20:20) Posted:
| Okay so they're raising money again when they're alraedy holding on to so much money? Doesn't make much sense to me. And how does having a ceo with 33% rights make it a plus point? Thanks. |
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Alligator n Bintang,
I have the same negative views of China Sports, thus why I dun touch this stock, I dun see any good buy sign to convince me to buy but seems someone is heavily committed into this stock, intensely promoting an druming up with very frequent one-liners putting more forumers off n stay away from it with a ten-foot pole.
Alligator ( Date: 02-Jul-2009 20:20) Posted:
I looked at the chart, i have the same comment like Bintang. the chart showed its is going down further
i hope buyers come in quickily to buy up.
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naaa if this burger really cross 0.135 we gonna switch side and short this burger below 0.10 cents. We gonna make his rights issue a fail
fartist ( Date: 02-Jul-2009 20:20) Posted:
| Okay so they're raising money again when they're alraedy holding on to so much money? Doesn't make much sense to me. And how does having a ceo with 33% rights make it a plus point? Thanks. |
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I looked at the chart, i have the same comment like Bintang. the chart showed its is going down further
i hope buyers come in quickily to buy up.
Okay so they're raising money again when they're alraedy holding on to so much money? Doesn't make much sense to me. And how does having a ceo with 33% rights make it a plus point? Thanks.
China Sports 's chart looks so ugly ,both the daily n weekly GMMA longer term had already crossed the shorter term , this indicates that the trend is still weak . the down side target is at 12.5 cents now .
give you some simple example
1) Chartered (CSM) Rights 0.07 cents -- Its share price was used to be $0.18 - 0.22
2) China Energy Rights 0.13 cents -- Its share price was 0.22-0.25
Ask yourself this question you are trying to raise money :) if your share price and rights issue are the same does it look attractive ?
Why buy rights ? when you can get it from open market ? Sigh .... it doesnt take a rocket scientist to know that China Sports will rocket up to 0.22 in near term.
fartist ( Date: 02-Jul-2009 20:03) Posted:
Okay could you kindly explain to me how does the ceo having a huge percentage of the rights would push the share up in near term? I feel that when it offers the rights at 10cents, won't the price of the stock drop till around 10cents + during that time? Thanks.
newtothis ( Date: 02-Jul-2009 19:57) Posted:
| its for expansion. Look at the CEO are getting like 33% of the rights issue. It is not that the company dont have money but it is a positive move that will push the share price up in near term |
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Okay could you kindly explain to me how does the ceo having a huge percentage of the rights would push the share up in near term? I feel that when it offers the rights at 10cents, won't the price of the stock drop till around 10cents + during that time? Thanks.
newtothis ( Date: 02-Jul-2009 19:57) Posted:
its for expansion. Look at the CEO are getting like 33% of the rights issue. It is not that the company dont have money but it is a positive move that will push the share price up in near term.
fartist ( Date: 02-Jul-2009 19:38) Posted:
Hello there!
I just find something alittle fishy knowing that chinasports right now is holding on to alot of cash but they're also going to issue rights soon.
Something don't seem quite right to me, could either be they have no cash at all or like what dbsv said it's for tax planning purposes.
Hmm opinions anyone? |
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its for expansion. Look at the CEO are getting like 33% of the rights issue. It is not that the company dont have money but it is a positive move that will push the share price up in near term.
fartist ( Date: 02-Jul-2009 19:38) Posted:
Hello there!
I just find something alittle fishy knowing that chinasports right now is holding on to alot of cash but they're also going to issue rights soon.
Something don't seem quite right to me, could either be they have no cash at all or like what dbsv said it's for tax planning purposes.
Hmm opinions anyone? |
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Hello there!
I just find something alittle fishy knowing that chinasports right now is holding on to alot of cash but they're also going to issue rights soon.
Something don't seem quite right to me, could either be they have no cash at all or like what dbsv said it's for tax planning purposes.
Hmm opinions anyone?
We have to monitor 15 counters today.
RichTan n China HX investor , btw china HX is potential as well.
Hope both counter investor will benefits fr investing.
NewtoTHIS, WORK hard fr yr favourite counter.
Don't run around other counter, very tired loh, cheers.
Like yr determination, n confident in yr own counter. Good, I like to see confident people. Cheers. Hope all of us Huat n happy forever
Ooo, I thk it will be better each individual write forums at their own invested counter.
Come on come on........
THERE IS NO FOREVER ENEMIES LOH.
BTW WOW IT IS 0.14 NOW.
newtoTHIS WHAT HAPPEN? ???,
Anyway intend to keep long fr this one
temporarily .
This counter should ramp up when 2nd qtr result announced.
The professional decided on the closing whereas, the traders decide on the opening.
Someone has shared this phrase with me but, i dont quite understand it. Now, looks like this situation explains the above phrase.
newtothis ( Date: 02-Jul-2009 16:49) Posted:
| pressure is always on the closing. |
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pressure is always on the closing.
