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Midas

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JUNWEI9756
    16-Aug-2011 01:49  
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Still remembered that my broker recommended me this counter at $1.01. THANK GOD I DIDN'T TOUCH IT.
 
 
JustinQuek
    16-Aug-2011 01:38  
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Lol this midas damn sian can go down so fast take so long to move up.

  Got any chance go up boh .  This  one like cant break resistance but can break   support . I doll ar average like siao 35 percent of my entire savings inside liao still got another stack of money can dollar average if it hits ridculous cents. .I 22 yrs   Lost 2 months salary liao. 
 
 
xing78
    16-Aug-2011 01:25  
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It depends sometimes.

For example, if you managed to get into a short position on Mewah on Monday open @ 0.55, you would still have make a nice little profit of 8% at the closing price of 0.50 flat.

That is if the company limit is not exceeded for the day to open shorts position. 

Unless you have insider info that the company will report a very poor earnings, holding onto open position of a counter before it's earnings release is highly risky and not recommended.

 

iPunter      ( Date: 15-Aug-2011 22:39) Posted:



Shorting must be done before the results...

        not after the results...  Smiley

Sgshares      ( Date: 15-Aug-2011 22:34) Posted:

Short think environment tmr....:) Poor results


 

 
EdwardLiu
    16-Aug-2011 00:43  
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Cant agreed more. Even if you want to long.

Bought Broadway sometime back after results. Dividend and 1- 1 Bonus issue.

After ex-All, price plunged to less than half. Never recovered.

Sold everything including Bonus share. Still loose money even after adding dividend.

iPunter      ( Date: 15-Aug-2011 22:39) Posted:



Shorting must be done before the results...

        not after the results...  Smiley

Sgshares      ( Date: 15-Aug-2011 22:34) Posted:

Short think environment tmr....:) Poor results


 
 
iPunter
    15-Aug-2011 22:39  
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Shorting must be done before the results...

        not after the results...  Smiley

Sgshares      ( Date: 15-Aug-2011 22:34) Posted:

Short think environment tmr....:) Poor results

spicy88      ( Date: 15-Aug-2011 15:53) Posted:

thinkenvironment....not sold down either


 
 
Sgshares
    15-Aug-2011 22:34  
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Short think environment tmr....:) Poor results

spicy88      ( Date: 15-Aug-2011 15:53) Posted:

thinkenvironment....not sold down either!

xing78      ( Date: 15-Aug-2011 14:34) Posted:



C& O not sold down, if the takeover bid doesn't goes thru, it probably will.

:p 


 

 
New123
    15-Aug-2011 21:27  
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Looking good that it should be going up any moment...Last week bottom out at 37.5 cents and closed at 40 cents on the same day + it is close at 41.5 cents today. May see some upside movement from here...

xing78      ( Date: 15-Aug-2011 19:11) Posted:



Here's the correct link.

Sorry for the multiple posting.

http://youtu.be/srrkoJAHmnA

 

 
 
xing78
    15-Aug-2011 19:11  
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Here's the correct link.

Sorry for the multiple posting.

http://youtu.be/srrkoJAHmnA

 
 
 
xing78
    15-Aug-2011 19:08  
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http://www.youtube.com/watch?feature=player_embedded& v=srrkoJAHmnA

 

xing78      ( Date: 15-Aug-2011 19:01) Posted:



Hi bros, you need to recognize that market has make a near term bottom last week and at some point in future it will start reversing down again when it come out against the resistance point.

Here's a you-tube video which I would recommend you to view.

The same technique could be applied for the Singapore market in general.

http://www.youtube.com/watch?feature=player_embedded& v=srrkoJAHmnA

 

 
 
xing78
    15-Aug-2011 19:01  
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Hi bros, you need to recognize that market has make a near term bottom last week and at some point in future it will start reversing down again when it come out against the resistance point.

Here's a you-tube video which I would recommend you to view.

The same technique could be applied for the Singapore market in general.

http://www.youtube.com/watch?feature=player_embedded& v=srrkoJAHmnA

 
 

 
iPunter
    15-Aug-2011 18:29  
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Many will be angry with you for being biasedly bearish...

    Stocks trading is a lone 'sport', unlike hockey or rugby for example.

          And by its very nature, only a few get it right, too few... Smiley


rotijai      ( Date: 15-Aug-2011 18:01) Posted:



today havent even broken 42..

guys, pls be careful..

all small chips are already in bear market weeks ago..

 
 
rotijai
    15-Aug-2011 18:01  
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today havent even broken 42..

guys, pls be careful..

all small chips are already in bear market weeks ago..
 
 
xing78
    15-Aug-2011 17:50  
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Hope so.

TP 1 = 49.0 cents (Gap Window) 

TP 2 = 52.5 cents (Gap Filled)

I would probably sell off my long and go short at 52.5 cents if it gets there. 

Good Luck :p 
 
 
derekchong
    15-Aug-2011 17:38  
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tmr can go higher liao.
 
 
Salute
    15-Aug-2011 17:33  
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2 ceo bought 500lots each at .415
 

 
Sgshares
    15-Aug-2011 16:00  
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Tomorrow will go up somemore....
 
 
New123
    15-Aug-2011 15:58  
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More buying interest now! Hopefully may see 45 cents tmr..
 
 
spicy88
    15-Aug-2011 15:53  
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thinkenvironment....not sold down either!

xing78      ( Date: 15-Aug-2011 14:34) Posted:



C& O not sold down, if the takeover bid doesn't goes thru, it probably will.

:p 

Sgshares      ( Date: 15-Aug-2011 14:30) Posted:

Which counters are not being sold down heavily during this period? Generally ALL


 
 
PeterOng_21
    15-Aug-2011 15:02  
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2Q FINANCIAL RESULTS ENDED 30 JUNE 2011

 

NET PROFIT UP QUARTER ON QUARTER UP  15.3 % AND YEAR ON YEAR 2010 TO 2011 UP 20.1%

 

RAMP IT UP 
 
 
Sgshares
    15-Aug-2011 14:52  
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Anyway today is a buy...world indexes bullish
 
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