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No BBs participation at all. Looks like will drift to 8cts on low volume. When will it be darkest?
With very thin buying interest, it is quite easy to depress the price with small trade. Is this the true value of the stock? However, the fact is- market is where buyer meet seller with agreed price. So when there is a buyer, there must be a seller and a price. Those who hold long might see the value, those who sell might see short term opportunity.
currypig ( Date: 07-May-2013 11:07) Posted:
dont go against the market but go against the human nature 
raymondruan ( Date: 07-May-2013 11:02) Posted:
| Wow from 2cents to 81cents, a 4050% jump in a year. My point is that we cannot blame the stock if we buy it at the wrong time! We can't even blame the adviser, because the final choice is still ours. And who knows Mr N is another Bluemont in the making |
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dont go against the market but go against the human nature
raymondruan ( Date: 07-May-2013 11:02) Posted:
Wow from 2cents to 81cents, a 4050% jump in a year. My point is that we cannot blame the stock if we buy it at the wrong time! We can't even blame the adviser, because the final choice is still ours. And who knows Mr N is another Bluemont in the making.
currypig ( Date: 07-May-2013 10:41) Posted:
| haha then blumont will have ur deep respec |
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Wow from 2cents to 81cents, a 4050% jump in a year. My point is that we cannot blame the stock if we buy it at the wrong time! We can't even blame the adviser, because the final choice is still ours. And who knows Mr N is another Bluemont in the making.
currypig ( Date: 07-May-2013 10:41) Posted:
haha then blumont will have ur deep respect
raymondruan ( Date: 07-May-2013 10:36) Posted:
| The stock move from 2cents in March 2012 to 15cents in Feb 2013 , up 750% in a year. Even at 8.5cents it is a 425% jumps. Further more it was in the 2cents range for almost a year from March 2011 to March 2012 for the picking. Not many stock can perform like that! I have the highest respect for this company. |
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haha then blumont will have ur deep respect
raymondruan ( Date: 07-May-2013 10:36) Posted:
| The stock move from 2cents in March 2012 to 15cents in Feb 2013 , up 750% in a year. Even at 8.5cents it is a 425% jumps. Further more it was in the 2cents range for almost a year from March 2011 to March 2012 for the picking. Not many stock can perform like that! I have the highest respect for this company. |
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The stock move from 2cents in March 2012 to 15cents in Feb 2013 , up 750% in a year. Even at 8.5cents it is a 425% jumps. Further more it was in the 2cents range for almost a year from March 2011 to March 2012 for the picking. Not many stock can perform like that! I have the highest respect for this company.
The biggest BBs probably took profit last month at near high. Now low again, they could be back again. When there is money to be made, they will come back again and again lah. Where else to park the funds?
kelvinLim123 ( Date: 06-May-2013 19:39) Posted:
Bot only this one, i think most penny like no strength even with good market condition.
Most broker said BB have already left. |
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Today got T+5 forced selling so a bit weak in the afternoon. Note that Ah N has an inverted hammer formation today following a downtrend. For those who follow candle stick charting, this means a potential reversal coming but need to be confirmed.
If tomorrow closed above 8.6 on good volume, then ho say liao. If continue to go down and break 8.5 then cham liao. Vice versa for evil kateks ....
Bot only this one, i think most penny like no strength even with good market condition.
Most broker said BB have already left.
Too many bears dragging down the bulls. Looks like a bingo for my guesstimate! Let's observe for the coming weeks.
For those who are keen on this counter. Pls trade with care.
Agreed. Need to trade with care even though this stock seems to be going down in the coming weeks. Positive news might push it up.
Trade with care
Kateks will die pain pain
I believe there is a danger in short selling this stock now as it has hit many lows and any good news will swing this stock high and short sellers might not have time to react. So trade with care!
On the whole, the market condition is generally good or ok this week. Anyway, I think this stock is going downwards within this few weeks unless there are more bulls than bears. The strategy should be to short sell and followed by buy low as of now. Need to trade this stock with cautious!
Just my personal view!
Current market conditions are good? Are we talking about the same market? I only see blue chips like banks and Singtel good only.The rest are sleeping or down. Even Venture, Austgroup and other better stocks are down.
tch77_pt75 ( Date: 05-May-2013 12:26) Posted:
Based on the current climate, I think short sell and followed by buy low may be the way to go. The current market conditions are good but this stock is going down. Trade with care!
Just my observation. |
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Based on the current climate, I think short sell and followed by buy low may be the way to go. The current market conditions are good but this stock is going down. Trade with care!
Just my observation.
I beg to differ...You may be surprised that there are still people making > 100% and holding tight.
That is what you call value investing. JMO
hooyou1312 ( Date: 04-May-2013 03:34) Posted:
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this counter can remove fr watchlist already la... everyday drop 3-5%.. those still holding sure lose money.. even if before this u make, its making u cough out everything. |
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i coughed out everything i made from this .... haizzz....
hooyou1312 ( Date: 04-May-2013 03:34) Posted:
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this counter can remove fr watchlist already la... everyday drop 3-5%.. those still holding sure lose money.. even if before this u make, its making u cough out everything. |
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Right now, BBs not playing but sooner or later, they will. If got money to make, they sure come back one lah. NT got corporate actions plus Myanmar telco play, do you think BBs won't collect low to play later?
It has dropped from $0.098 to $0.086 this week. Will it dropped further in the coming weeks? Let the time tell us whether it is bullish or bearish.....
