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Innopac to follow Blumount Trend.. 0.20 soon

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papayaface
    05-Oct-2013 09:56  
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Not time yet cos there may be lots of margin calls next week due to the  huge drop in the price of 4 superactive stocks, and not mentioning the general market. But on end  next week  when its price  should stabilise and please beware of false rebounds.

Isolator      ( Date: 05-Oct-2013 00:43) Posted:

Sun will raise again next week...

 
 
Isolator
    05-Oct-2013 00:43  
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Sun will raise again next week...
 
 
viromics
    05-Oct-2013 00:04  
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my panic to buy low, hope it bounce back,  and can cover some loss, but it got lower and lower, suck more and more,,,, If I can get back half of my loss, it will be my last trade. I was taught as an investment, but when trading, became a gambler.
 

 
Polarbear55
    04-Oct-2013 23:58  
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May I shout HOPE in the midst of despair? We get it right at times, other times we guess wrong...price rises, prices fall..it's just a cycle.
The music has not stop yet...won't you agree with me that all it takes is for Innopac to open at $0.10 on Monday and the game goes on? 😉
Take heart!
 
 
Redstar8730
    04-Oct-2013 23:55  
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Hi viromics, I'm jialat too..but wat nqing87 said is right!! There is still hope next week.. Lets pray hard & hope miracle will happen next week.We must pull through this hard time.
 
 
cccx123
    04-Oct-2013 23:54  
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viromics, money can always be earned. On the other hand, life is extremely fragile. I think you mean 400lots right? 40 thousand sgd can be earned back very quickly if you have the determination. Plus it is not as if you lost 40 thousand in its entirety. There is still some value there. Based on closing price, you probably lost a max of 15k. That isn't too bad compared to what many will face. I know some who bought over a thousand lots at 9cent plus and still holding. They lost big too!

Cheer up.. :) and have a good night

viromics      ( Date: 04-Oct-2013 23:40) Posted:

Hi cccx, I am caught at 0.10   400k lots,  much worse than yours, my hard salary, my family bread money, going to jump or be forced to leave the family


cccx123      ( Date: 04-Oct-2013 18:27) Posted:

But I ask you which retail investor or trader is going to dare touch Innopac again? This is not the first time this happened. The last plunge to around 10cents from 20cents caught many on the way down. This time the free fall from 13cents to 6cents. It will be gargantuan task for BBs to generate retail or investor interest in this counter again.

Anyway, due to the massive paper losses I see, I am stuck with this stock with almost no hope of ever seeing my initial outlay ever again. Going to put it in the freezer or under my pillow to show ppl who intend to trade contra the dangers of doing so..


 

 
nqing87
    04-Oct-2013 23:47  
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kinda sad to hear that.. money can earn back one.. take care bro! let's hope that nothing wrong with blumont, or at least innopac dont get drag down by blumont.. today is really panic selling across the board.. if nothing bad found, then got chance to recover..

viromics      ( Date: 04-Oct-2013 23:40) Posted:

Hi cccx, I am caught at 0.10   400k lots,  much worse than yours, my hard salary, my family bread money, going to jump or be forced to leave the family


cccx123      ( Date: 04-Oct-2013 18:27) Posted:

But I ask you which retail investor or trader is going to dare touch Innopac again? This is not the first time this happened. The last plunge to around 10cents from 20cents caught many on the way down. This time the free fall from 13cents to 6cents. It will be gargantuan task for BBs to generate retail or investor interest in this counter again.

Anyway, due to the massive paper losses I see, I am stuck with this stock with almost no hope of ever seeing my initial outlay ever again. Going to put it in the freezer or under my pillow to show ppl who intend to trade contra the dangers of doing so..


 
 
viromics
    04-Oct-2013 23:40  
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Hi cccx, I am caught at 0.10   400k lots,  much worse than yours, my hard salary, my family bread money, going to jump or be forced to leave the family


cccx123      ( Date: 04-Oct-2013 18:27) Posted:

But I ask you which retail investor or trader is going to dare touch Innopac again? This is not the first time this happened. The last plunge to around 10cents from 20cents caught many on the way down. This time the free fall from 13cents to 6cents. It will be gargantuan task for BBs to generate retail or investor interest in this counter again.

Anyway, due to the massive paper losses I see, I am stuck with this stock with almost no hope of ever seeing my initial outlay ever again. Going to put it in the freezer or under my pillow to show ppl who intend to trade contra the dangers of doing so..

clonevil      ( Date: 04-Oct-2013 18:22) Posted:



the relation is growing threat of us debt ceiling not raised --> us default --> investors fear so move funds to safer assets (ie. blue chips).

if debt ceiling raised --> QE now doesn't seem to be tapered by this year --> investors turn back to pennies in seek of high returns

  *clarification: to be exact, US shutdown has very minimal effect on markets, cos it essentially doesn't affect much. market fears over the past couple of days r due to mid-oct nearing (which is when US debt ceiling is likely to be reached) n little signs that US congress can resolve difference


 
 
gohuatah
    04-Oct-2013 21:21  
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Director Mr Wong Chin Yong had added 4000k in his portfolio...
 
 
medivh
    04-Oct-2013 19:32  
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Whoever name this thread " inno to follow blumont trend" have good foresight sia... blu big gap down inno also follow.. (",)
 

 
cccx123
    04-Oct-2013 18:27  
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But I ask you which retail investor or trader is going to dare touch Innopac again? This is not the first time this happened. The last plunge to around 10cents from 20cents caught many on the way down. This time the free fall from 13cents to 6cents. It will be gargantuan task for BBs to generate retail or investor interest in this counter again.

Anyway, due to the massive paper losses I see, I am stuck with this stock with almost no hope of ever seeing my initial outlay ever again. Going to put it in the freezer or under my pillow to show ppl who intend to trade contra the dangers of doing so..

clonevil      ( Date: 04-Oct-2013 18:22) Posted:



the relation is growing threat of us debt ceiling not raised --> us default --> investors fear so move funds to safer assets (ie. blue chips).

if debt ceiling raised --> QE now doesn't seem to be tapered by this year --> investors turn back to pennies in seek of high returns

  *clarification: to be exact, US shutdown has very minimal effect on markets, cos it essentially doesn't affect much. market fears over the past couple of days r due to mid-oct nearing (which is when US debt ceiling is likely to be reached) n little signs that US congress can resolve differences

cccx123      ( Date: 04-Oct-2013 18:16) Posted:

I don't know about the relation but I really hope so. Need some good news over the weekend. Come next Friday, hopefully don't see 4cents. Otherwise the police will have to cordon off bedok reservoir for quite some time. The massive sell downs from 13cents caught a lot of retailers


 
 
clonevil
    04-Oct-2013 18:22  
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the relation is growing threat of us debt ceiling not raised --> us default --> investors fear so move funds to safer assets (ie. blue chips).

if debt ceiling raised --> QE now doesn't seem to be tapered by this year --> investors turn back to pennies in seek of high returns

  *clarification: to be exact, US shutdown has very minimal effect on markets, cos it essentially doesn't affect much. market fears over the past couple of days r due to mid-oct nearing (which is when US debt ceiling is likely to be reached) n little signs that US congress can resolve differences

cccx123      ( Date: 04-Oct-2013 18:16) Posted:

I don't know about the relation but I really hope so. Need some good news over the weekend. Come next Friday, hopefully don't see 4cents. Otherwise the police will have to cordon off bedok reservoir for quite some time. The massive sell downs from 13cents caught a lot of retailers.

2gether      ( Date: 04-Oct-2013 18:10) Posted:

what if the 'us shutdown' news turns positive.. can the whole situation change, all markets may rush in again, but remain to be seen, can only hope liao... ^


 
 
cccx123
    04-Oct-2013 18:16  
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I don't know about the relation but I really hope so. Need some good news over the weekend. Come next Friday, hopefully don't see 4cents. Otherwise the police will have to cordon off bedok reservoir for quite some time. The massive sell downs from 13cents caught a lot of retailers.

2gether      ( Date: 04-Oct-2013 18:10) Posted:

what if the 'us shutdown' news turns positive.. can the whole situation change, all markets may rush in again, but remain to be seen, can only hope liao... ^^

Redstar8730      ( Date: 04-Oct-2013 18:01) Posted:

Few k of contra loss...if don cut loss, will the hole in my pocket grow bigger next week? Where is the support level..Already loss a 5fig since 2008, this is another big blow.. Help.


 
 
clonevil
    04-Oct-2013 18:15  
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innopac has worthless land in perak haha. a lot of rich malaysia datuks' wealth are at stake, should see some intervention soon.

resolution of US debt ceiling will help cos today pennies fall but blue chips more or less maintain. but innopac fall so much more than the other stocks, so there are significant firm-specific forces at play.
 
 
pauming
    04-Oct-2013 18:11  
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I mean to bounce to north soon...

pauming      ( Date: 04-Oct-2013 18:09) Posted:



My stop order cut me out at 0.137 this morning and I make a huge losses on this counter.


Thinking to buy back at 0.072 this afternoon when the price around 0.075, with a thought to get fast profit from a bounce after it drops more than 40%, but lucky I cancelled by order when I saw it goes up too far to 0.082. Now it goes back to bottomless pit.

For those who are still holding, I believe it is very hard to give up at this moment as our emotion takes place.

If you cannot cut, then be it. Most important things you should not keep buying this counter to average down your position. Just my two cents. Hope it will not be suspended and to bounce back to south soon.

 

 
2gether
    04-Oct-2013 18:10  
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what if the 'us shutdown' news turns positive.. can the whole situation change, all markets may rush in again, but remain to be seen, can only hope liao... ^^

Redstar8730      ( Date: 04-Oct-2013 18:01) Posted:

Few k of contra loss...if don cut loss, will the hole in my pocket grow bigger next week? Where is the support level..Already loss a 5fig since 2008, this is another big blow.. Help.

 
 
pauming
    04-Oct-2013 18:09  
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My stop order cut me out at 0.137 this morning and I make a huge losses on this counter.


Thinking to buy back at 0.072 this afternoon when the price around 0.075, with a thought to get fast profit from a bounce after it drops more than 40%, but lucky I cancelled by order when I saw it goes up too far to 0.082. Now it goes back to bottomless pit.

For those who are still holding, I believe it is very hard to give up at this moment as our emotion takes place.

If you cannot cut, then be it. Most important things you should not keep buying this counter to average down your position. Just my two cents. Hope it will not be suspended and to bounce back to south soon.
 
 
cccx123
    04-Oct-2013 18:07  
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Hoping that Innopac management will conjure up some magic to save their investors and not run for their lives. The last few minute sell down.. I hope it want management or the institutional investors dumping their shares to salvage what they can.
 
 
Redstar8730
    04-Oct-2013 18:01  
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Few k of contra loss...if don cut loss, will the hole in my pocket grow bigger next week? Where is the support level..Already loss a 5fig since 2008, this is another big blow.. Help.
 
 
cccx123
    04-Oct-2013 18:00  
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But what assets does Innopac have to interest any white knight.. Something inside me died horribly today.

clonevil      ( Date: 04-Oct-2013 17:58) Posted:

no point speculating. wait for news report tmr. i like to look on the bright side. maybe another china minzhong?

 
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