
Will this counter continue south today? Now trading 0.545
one million shares ? THAT's 1000lots. got so big movement today ? the biggest i saw is this
10:04:28 | 0.565 | 500,000 | Sell Down |
shorted a million shares at 58.5c...deep in the pocket now!
Today done 0.59 cents.Will it break 0.60 cents? What say you analysts?
wow...still got diehard wanna SHORT this burger siah ?!? OR is it taking contra profit ???! hee...
anyway..SHORTED a few big bluechips...hee...u know what i m referring to :P KEPCORP x2 at 10.24 :P
can see 60cts,,,,,,,but dun over buy,,,,buy ur limited,,,,,,hold for onw week railly,,,,,than see how,,,,,because big boy reverse buy up from yesrterday
Impressive.. i tot it will not look back n go down n down!
nice rebound!.. duno will it push up anymore anot..
For the record - despite the fall on the DOW - this stock shot up.
$0.505 support tested by strong -ve news.
However - my tasting research on Synear makes me avoid holding this long term. Not vested.
Another bloody day for Dow. Today short to below 50c no problem!
support much lower than this : (
gd luck to u guys vested in this counter...long outta of this hee...
in a depressed mkt...there are BETTER CHOICES for SHORTING..hee...
short like SEOW on KEPCORP and CITYDEV as well as VENTURE today....some covering back now...hee :D
Bounced off 0.505 strongly. support discovered!?
With a current price@$0.52 - and a lot of stops that were hidding behind the IPO price(0.54) got blown out.
The next resistance-support will be at $0.50 based on fibo & round number anchoring. I expect most loss-stops @ $0.495
when it was $1, a lot of ppl dun believe will drop to 50c...now at 52c, ppl also dun believe it will drop to 35c.
share with us your analysis? Why?
shorted half a million at 54.5 today...target is 35c by end of the month!
Don't worry technical rebound soon. Cal your fibo numbers. - you will have the balance of probability when a lot of traders will pile in...
Fundamentally - producing free cash flow - buy Cabbage Dumpling @ ShengSiongSupermart to see if this company can be "Popiah" King of China - (metaphoric device)
Hi Anthony,
Prices drop nowadays, have been indicated by a long postponed economy problem. And all of them burst out and show up bad shape to market sentiment.
But this is money game. You are either win or lose. This company has a big drop in Q4 report. Adding issue of dumping export problem, US market recession, Asia Economy Slowdown ... so what good news we have now. During this time, all big player sell option put, and is inviting shortist come along. They will happily contribute to our market disasater ... and you see ... collateral damage ....
Regarding price drop, is it sentiment or fundamental? Is the company overall making profit? What are the numbers?Kindly advise.
saw brokerage firms weeks ago having the targeted price sell down to around $0.50 ...now go down so much....this week probably below $0.50...its quite a disaster