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First Day trading open at $2.30

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Farmer
    08-Feb-2011 18:10  
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Yap, am waiting patiently to enter GLP probably < $2.00 or ipo price for longer term. Cheers!

starlene      ( Date: 08-Feb-2011 16:39) Posted:

First day of ipo I sold 1 lot at $2.30,2 weeks later sold at $2.26....then drop< $2.00..it is closing near $2 probably becoz of good results soon...sell on news unlikely to go back to $2.30..maybe GLP owned by GIC has better upside

 
 
Farmer
    08-Feb-2011 18:02  
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No, I dun think retailers are able to push it above 2.00 without the BBs involvement.

The mentality which you mentioned are probably for the day traders not investors.

Fyi...I've waited for > 1yr after its ipo and bot at 1.85 hoping to hold for longer term.

Thus, if 2.00 is clear convincingly, I will continue to hold, otherwise, I'm waiting to dump it and wait for the next chance to enter again. Cheers!


wangwa      ( Date: 08-Feb-2011 16:58) Posted:



i don t think the train will go away tomorrow yet. The BB knows that by pushing it above $2, the rest of the retailer will help to push it up, probbaaly close to IPO price.

Because people have the mentality of wait and see and buy when the stock convincingly clear $2, then buy.

We know it will clear $2 one day, but people dun buy when it is at 1.85-1.95 range, just because the bear is there.

LIke I said, They will buy when $2 convincingly clear.

You can easily see the mindsets of some of the people in this forum and see what I mention is right.

 
 
rickyw
    08-Feb-2011 17:00  
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yap...and today cannot clear 2.00 profit taking kick in

wangwa      ( Date: 08-Feb-2011 16:58) Posted:



i don t think the train will go away tomorrow yet. The BB knows that by pushing it above $2, the rest of the retailer will help to push it up, probbaaly close to IPO price.

Because people have the mentality of wait and see and buy when the stock convincingly clear $2, then buy.

We know it will clear $2 one day, but people dun buy when it is at 1.85-1.95 range, just because the bear is there.

LIke I said, They will buy when $2 convincingly clear.

You can easily see the mindsets of some of the people in this forum and see what I mention is right.

 

 
wangwa
    08-Feb-2011 16:58  
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i don t think the train will go away tomorrow yet. The BB knows that by pushing it above $2, the rest of the retailer will help to push it up, probbaaly close to IPO price.

Because people have the mentality of wait and see and buy when the stock convincingly clear $2, then buy.

We know it will clear $2 one day, but people dun buy when it is at 1.85-1.95 range, just because the bear is there.

LIke I said, They will buy when $2 convincingly clear.

You can easily see the mindsets of some of the people in this forum and see what I mention is right.
 
 
starlene
    08-Feb-2011 16:39  
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First day of ipo I sold 1 lot at $2.30,2 weeks later sold at $2.26....then drop< $2.00..it is closing near $2 probably becoz of good results soon...sell on news unlikely to go back to $2.30..maybe GLP owned by GIC has better upside
 
 
rickyw
    08-Feb-2011 16:26  
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back to 1.99-2.00, i think it will going down tomorrow onwards
 

 
rickyw
    08-Feb-2011 15:40  
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suddenly  buy Q very little...what is the meaning???
 
 
hyun_sg
    08-Feb-2011 15:01  
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reversal means it will.

rickyw      ( Date: 08-Feb-2011 14:49) Posted:

will it go beyond $2.00??

 
 
rickyw
    08-Feb-2011 14:49  
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will it go beyond $2.00??
 
 
joseah
    08-Feb-2011 14:21  
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2.00!
 

 
rickyw
    08-Feb-2011 14:17  
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will it going down in few days? it has 3days going up..shld be little bit correction
 
 
ozone2002
    08-Feb-2011 14:14  
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Time Last Vol Buy/Sell
14:12:23 1.990 4 S
14:12:19 1.990 120 B
14:12:19 1.990 15 B
14:12:11 1.990 3 B
14:11:35 1.990 5 B
14:10:52 1.990 3 B
14:09:41 2.000 1 S
14:08:41 2.000 3 S
14:06:28 1.990 1 B
14:06:28 1.990 1,145 S


 

1,145 lots
 
 
pbh888
    08-Feb-2011 14:13  
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its macquarie whom bought my share

 

wangwa      ( Date: 08-Feb-2011 14:10) Posted:

1.99 cleared. testing 2.00. What is the reason why it is up 5 cents in a down market?

 
 
wangwa
    08-Feb-2011 14:10  
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1.99 cleared. testing 2.00. What is the reason why it is up 5 cents in a down market?
 
 
rickyw
    08-Feb-2011 12:25  
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yap..i think shld wait until 2.00. i dont think can pass 1.99 easily

Farmer      ( Date: 08-Feb-2011 12:12) Posted:

Can't tell now, if it could break $2.00 convincingly, then I would say its not and way in the uptrend towards $2.12 - ipo price again. Lets see....

rickyw      ( Date: 08-Feb-2011 12:00) Posted:

before announcement price move up usually bear trap  Smiley


 

 
Farmer
    08-Feb-2011 12:12  
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Can't tell now, if it could break $2.00 convincingly, then I would say its not and way in the uptrend towards $2.12 - ipo price again. Lets see....

rickyw      ( Date: 08-Feb-2011 12:00) Posted:

before announcement price move up usually bear trap  Smiley

phil1314      ( Date: 08-Feb-2011 00:45) Posted:

Or could this be another bear trap ? The bear saw the rabbit and gave chase ...then kena


 
 
rickyw
    08-Feb-2011 12:00  
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before announcement price move up usually bear trap  Smiley

phil1314      ( Date: 08-Feb-2011 00:45) Posted:

Or could this be another bear trap ? The bear saw the rabbit and gave chase ...then kena ?

calculus1985      ( Date: 01-Feb-2011 22:04) Posted:



Look out for potential Bullish breakout. This time round, this bullish reversal could be real. 

read my detail analysis on CapMallsAsia here


 
 
hyun_sg
    08-Feb-2011 11:48  
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all this accumulation. obviously someone knows something that we don't.

wangwa      ( Date: 08-Feb-2011 09:12) Posted:



wow chiong up 3 cents in a down market within 10 minutes. What's the big news?

 
 
wangwa
    08-Feb-2011 11:23  
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volume has been pretty low although it went up 2 to 3 cents this mornng and stayed at this level. Not much change in volume after this big guy took the bite. wonder why like that
 
 
wangwa
    08-Feb-2011 09:12  
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wow chiong up 3 cents in a down market within 10 minutes. What's the big news?
 
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