Midas    Last:0.192   -

Midas

how did u come up with 48 cents?

New123      ( Date: 29-Aug-2011 16:53) Posted: I am seeing a White candle now. Is pointing upwards to test 48 cents... New123      ( Date: 29-Aug-2011 16:44) Posted: Going up to test 43 cents ...

 

Volume also picks up. Hope buying interest maintained.

 

I am seeing a White candle now. Is pointing upwards to test 48 cents...

New123      ( Date: 29-Aug-2011 16:44) Posted: Going up to test 43 cents ...

 

Going up to test 43 cents ...

 

On Friday, Midas re-test the support at $0.38 and closed at $0.40 with LOW volume of 3.37 million shares traded.

A flat candle sticks with little upper/lower shadow similar to “Doji” affirms that there are little buying/selling interest from the investors and results in very little price movement.

Both RSI & MACD are turning bullish as MACD lines perform a “golden cross” lately.

Important Resistance of Midas: $0.43

Immediate Support of Midas: $0.38

Currently prices are well below 20/50/100/200 days MA.

For the past week............... READ MORE

 

 

BEIJING (Reuters) - China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development, the official China Securities Journal reported on Friday.

The newspaper, without identifying sources, said local governments would finance 35 percent of the bill and the rest would come from commercial banks, China Development Bank as well as other channels.

The National Development and Reform Commission, China's powerful economic planner, will also provide low interest loans via China Development Bank, one of the country's three policy lenders, it added.

That includes new investment of 170 billion yuan in the capital city of Beijing in the years up to 2015, adding six new lines to the crowded city's underground and light rail network. ($1 = 6.390 Chinese Yuan)

(Reporting by Langi Chiang and Ken Wills)

 

This horse mat start to run.

BEIJING – China will invest about 1.27 trillion yuan (US$199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development, the official China Securities Journal reported on Friday.

 

The quote was in 2006 when Midas was between 85cts to $1.00..was lucky to bail out at 92cts..S chips cannot be trusted wan...even YZJ and Cosco back to penny soon

knightrider      ( Date: 15-Nov-2006 15:09) Posted: I was waiting for it to go down since Oct till now, I think it will stay and always stagnat at 0.995 to 1.03. The big timer has already corner out this share. The latest news is from this businessman Gary Gay or someone connected to this former Army officer who turn businessman Tommy Goh - former Omins group which sold away and form a venture funding company for investment. They bought at 0.96 the latest round. FYI.

 

expect the unexpected :D

 

Great, you always got good pics. Bring some smiles.

Anyway, this counter is dead until China settle the train issue. Who is interested to touch it. There are more excitement elsewhere.

Joe2020      ( Date: 22-Aug-2011 12:13) Posted: derekchong      ( Date: 22-Aug-2011 11:59) Posted: still holding quite well at $0.390.

 

oh dear i came back to see this stock after a week and its still this price

 

It's not holding well. It's just giving you an opportunity to exit.

Don't take this as a signal to hold or buy. Take this as a signal to sell and exit.

derekchong      ( Date: 22-Aug-2011 11:59) Posted: still holding quite well at $0.390.

 

derekchong      ( Date: 22-Aug-2011 11:59) Posted: still holding quite well at $0.390.

 

still holding quite well at $0.390.

 

Overall, most of the counters are downtrend. Be it blue chip, large cap, small cap stocks, etc, almost all down.  As along as there is some commotion in Europe or US, big sell down starts.


Many people now fear due to global situation so dump their holdings. Prices get even lower because another group of people is trying to add on to push down further.

Nevertheless, after this kind of situation is over, it will make many people wealthy. The question now is whether do you know how to choose good fundamental companies to park your $$ with. Frankly, this kind of situation is not the 1st time in the world and is not the worst.

I knew of an old man who bought a counter at only $0.08 during lehman crash. His capital used was $400K, all dumped into 1 company. He sold all at $0.30 this year. Do your calculation. He is now at least 1.5 millionaire.







 

 

TA only or FA only will not make money.  TA and FA is a must have to at least make some money.

FA told me since Jan this will happen eventually, but never tell me when will happen.

TA from Bintang told me when it will happen but never tell me why it happen.

 

I don't understand this kind of profit and DIV deserve a 99cts, so I sold it for some profit.  Not even 1 MFT say sell.  It is still a buy call from MFT but at 65cts. Showing you a trend you want to see.

iPunter      ( Date: 19-Aug-2011 21:23) Posted: Fundamentals are only for people who love their stocks.     A strict trader needs only the stock chart and concentrate               all his attention on the chart alone. If he/she bothers about                       fundamentals at any point while trading, that will affect his/her                                 trading mind, and thus subject to making mistakes in trading...  Bintang      ( Date: 19-Aug-2011 21:07) Posted: Even the fantastic FA can not upturn their downtrends

 

Fundamentals are only for people who love their stocks.

    A strict trader needs only the stock chart and concentrate

              all his attention on the chart alone. If he/she bothers about

                      fundamentals at any point while trading, that will affect his/her

                                trading mind, and thus subject to making mistakes in trading... 

Bintang      ( Date: 19-Aug-2011 21:07) Posted: Even the fantastic FA can not upturn their downtrends . Bintang      ( Date: 10-Aug-2011 19:07) Posted: Hi , Midas 's support is at 33 cents  , n YZJ is at 98 cents . But I hope that it would not materialize

 

Even the fantastic FA can not upturn their downtrends .

Bintang      ( Date: 10-Aug-2011 19:07) Posted: Hi , Midas 's support is at 33 cents  , n YZJ is at 98 cents . But I hope that it would not materialize . Sgshares      ( Date: 10-Aug-2011 17:33) Posted: Hi Bintang,   What is the current support and resistance levels for Midas & YZj? Appreciate your effort. Thank you.

 

I am holding on base on my strategy . The company is sound. Short term down is inevitable.If you sell,they are always ppl out  there waiting to pick up your shares.  Let see how it fares by year end...

niuyear      ( Date: 19-Aug-2011 16:19) Posted: Dont fear if want to play stock. How much are you picking New123      ( Date: 17-Aug-2011 22:15) Posted: When people is fearful/doubtful this is the good time to buy. All the bad news has already factored/disounted the current share prices. Soon you will see it going up..

 

What I means is " Cry also no tears liao !!!" ,   I also kana stuck at this bloody counter !!!! NB.

knightrider      ( Date: 19-Aug-2011 15:56) Posted: Cry also no tears !!!