ChinaMilk   

China Milk

Seems like credit tightening by China mean CMilik got no choice but to issue rights to pay Bond holders. Too risky to hand on...

 

anyone holding on milk?

 

I find EMA is lagging in forecasting.

Better to use MACD for trend change prediction and Candlesticks as Buy/Sell trigger.

Even Bolinger Bands is better that EMA.

 

You use japanese candle stick? How to see it?
I am using technical analysis for stock investment. This seem to be a nice cup and handle chart building double bottom cup.
However, this cup was broken due to the sudden news. My money is leaking out from the cup now...

As according to the EMA, this stock is traded under 50,100,200EMA... it is really no reason to keep it anymore...

This is only personal opinion.

 

good for u, i wonder how come some ppl did not saw the long black bearish japanese candle stick with hugh volume...  

in another word, downtrend....

tyuesi      ( Date: 29-Jan-2010 10:33) Posted: I sold all at 0.325 with cut loss... Don 1na stuck in the mine torturing game... :(

 

I sold all at 0.325 with cut loss... Don 1na stuck in the mine torturing game... :(

 

i think P& D in action again...

bombeepbeep      ( Date: 29-Jan-2010 10:04) Posted: 1 lot 1 lot buy up at the moment... 1 month overdue... still no news from CM...  :(

 

1 lot 1 lot buy up at the moment...

1 month overdue... still no news from CM...  :(

 

he mean more shares in the market.... imagine u and other holding 10 000 shares, but in future become 15 000 shares, wat do u tin the price of the share will go up of go down...

alanalanlee      ( Date: 29-Jan-2010 08:17) Posted: what is meant by dilute their share?  btw,u guys think this stock worth holding?

 

Better sell your milk fast. Likely to go down below 0.265 and create a new historic low.

 

what is meant by dilute their share?

 btw,u guys think this stock worth holding?

 

heard this count to redeem their bond...might have to dilute their share....

 

this type of company no good because:

1) if the report not true, they should clarify for the sake of shareholder; not letting the price to drop.

2) if the report not true, are they purposely letting the price go down, so they can collect back cheap cheap...

alanalanlee      ( Date: 28-Jan-2010 20:22) Posted: i believe milk is fundamentally strong,just that too many bad news ie...the scandal. will hold on and see how the repayment goes  bombeepbeep      ( Date: 28-Jan-2010 17:07) Posted: me reduced 1/2 of my holdings... cut loss pain pain.. but needed the $$ to buy better fundamental stocks.. shall see how it goes again and decide my other 1/2..  CM is in a very strange position.. no one dares to buy, no one dares to short

 

hope that it stop to bleed downward at 30cts.

 

Scandal + bond Debt + market clashed over the last few trading day = disaster .  But to be fair here , most of the penny stocks that are in the watchlist also drop quite a lot over since last week.


At this moment , i only hope that the bond debt issue will clear soon.  

 

i believe milk is fundamentally strong,just that too many bad news ie...the scandal.

will hold on and see how the repayment goes 

bombeepbeep      ( Date: 28-Jan-2010 17:07) Posted: me reduced 1/2 of my holdings... cut loss pain pain.. but needed the $$ to buy better fundamental stocks.. shall see how it goes again and decide my other 1/2..  CM is in a very strange position.. no one dares to buy, no one dares to short WLBO_BB      ( Date: 28-Jan-2010 16:36) Posted: another bad sign... other place stop raining liao but here still need umbrella...

 

me reduced 1/2 of my holdings... cut loss pain pain.. but needed the $$ to buy better fundamental stocks.. shall see how it goes again and decide my other 1/2..  CM is in a very strange position.. no one dares to buy, no one dares to short

WLBO_BB      ( Date: 28-Jan-2010 16:36) Posted: another bad sign... other place stop raining liao but here still need umbrella... WLBO_BB      ( Date: 28-Jan-2010 12:03) Posted: bad sign..

 

another bad sign... other place stop raining liao but here still need umbrella...

WLBO_BB      ( Date: 28-Jan-2010 12:03) Posted: bad sign... bombeepbeep      ( Date: 28-Jan-2010 12:02) Posted: today seem strong at 0.32..  but still given most counters rebounded, this is still quite stagnant..

 

for this one u need to do some backgrd research and on their histor px

tyuesi      ( Date: 28-Jan-2010 13:50) Posted: Sorry tanh2l, do not get your statement... are you refering to the chart pattern?

 

Sorry tanh2l, do not get your statement... are you refering to the chart pattern?