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See some movement this morning on milk +1cents to $0.91 on a vol of 1.5 milllion share traded.
China milk news is on ST (Sat) paper, thk to ST reported that oni 24 million shares is still with Pre-IPO holders. It not that much at all to off load them all at once in a day or two & they themself (pre-ipo) is oso not stupid to crash d price down, i think it is be-co's of this reason that the player is scare and is uncertain. Now that every one know this story. Milk prices should be edging to more than above $0.90 closing to one dollar liao & is oso depending on those big boys again.
China Milk seem to lose it touch till it result arrive, this time expecting to produce better result then d last time b'co's milk got plenty of $$$ to generate more milk business.
Whar wrong with milk ??? last few days got good vol but can not move (weak leg) seem new support px is at $0.90 or the big boys run oredi.
Milk is in top vol again this morning touching $0.93 +2cents, seem ppl is getting into it again, it seem to have many strong supporters.
C.milk is coming again seem smaller player is nipping at it px. and i think it is a good price to buy and hold with the mkt getting each day i thionk China milk will be seeing a dollar again.
C.Milk is still good, finishing on 10 spot on sgx top 20 list, can see another 3-5cents tmr again +0.035cts on a vol of 18.3 mil to $0.93, DBS has a target px of $1.85 (still waiting...don no why??) in between most players is likely to take profit on the way up, seem better day is coming as war or no war, battle or no battle, milk is still every body flavour drink, up & coming in China consumer life style.
China milk will be top in volume again at least for today again, this time px can be seen moving north wmore force, one dollar coming...
Px seem supported by big & smaller players btw 89-91cts for today, closed off at $0.895on a vol of 18 mil shares traded (top sixth) seem some confident is coming back isit??.
C.milk predicting another top volome again, this time up a littleby 5cents
Today milk don go down so much like yesterday 1.5million share just bot up like that at $0.85 cents (16:45) so U see big boys want or don want oni, co's mkt is down mah...so bot at lower end & they still can win big big.
Milk likely to see some bargain hunting coming in after this, big short is oso interested to catch some fishes, big boys is watching......
Big boys keep off loading like no tomorro to new low low px, a case of short and short and short to win and win and win big big, very big money $$$ on China milk. Many million of shares done and that is WHY it is top in vol this few days to cover back it short. So when it good time is the same thing can happen again. up, up and up and away. It will happen again & again. Decision is yours & your very own $$$. Pls noted not an inducment to trade. For your info oni yah...
Woww.. big buying programs on C.milk at $0.91. 3rd highest vol (15:00)
Look like have to wait out a little longer to test $1.06 again.
cashiertan,
you are correct. still go down . $0.945. avoid
dont fight the trend my friend. it is at the start of a downtrend. it may rebound abit tomolo but i believe it will head down again.
Shares fell down to $0.985 due to global uncertainities from the Middle East, and India, and also draining of liquidity from the Shanghai Market.
So are you guys still bullish on this stock?
Consolidation after it huge buy, likly to test $1.08 in 2/3day times which is quite achieve abd quite ezy considering big boys bot up at $1.06
C.milk is growing up again. Someone bot up 1.9mil shares (15:17hrs) at $1.06 cts and another 1.4mil (16:56hrs) oso at $1.06. It is oso a good day to take profit liao and w/o any commitment in hand. Next week can see even better price for C.milk. Jus wondering which fund bot up ???.