CapitaLand   

CapitaLand: Too early to bottom fish

Of course illegal lah, for any manipulation of stock, offender can be charge in court loh.

Though those were my guess work, may not be true mah. But definitely u will see some of those phenomena mentioned in d online screen.

Anyway, dun bother about all these, just trade lawfully n hv a peace mind. 

leong3k      ( Date: 27-Feb-2009 23:07) Posted: This tactics legal or illegal and who eligible to do this... AK_Francis      ( Date: 27-Feb-2009 18:43) Posted: The completed trade made no sense. If it is not an entry error, there is not wrong for anyone to buy it higher to ensure the catch. The worst scenairo or very likely case is that it could be a last min buy back as BBs shorted earlier n later unable to collect enough shares to cover. To run away d penalty, the only way to get help fr d broking firm to sell d req qty shares at a much higher premium, with mutual agreement. If both d above ok, n tonite DJ plunges again, then next Mon, u will see people Q anything below d today closing price of 1.92, not d pre-close price. If DJ climb, then next Mon call price would be 1.92 or 1 or 2 bids above, while market opens. Of course, d 1.98's guy can Q to sell more than 1.98. Lets say, he can Q on to sell at 2.08(10 bids higher), then u cannot Q to buy at 1.92 instead 10 bids lower of 1.98. He can buy back d 1.98 seller price n make d new seller price of 2.00. He may repeat again d same trick until his bulk of 1.98 stock can dump n make profit. D CFD players are worry about d above, as d margin call can drive them to lose money. Hope my guess above make sense. As I hv no capital n experience to do that. Cheers.

 

Any chance of Capitaland rises to above 2.10 next week ?

Looks like the seller took control of Capitaland this week.

 

This tactics legal or illegal and who eligible to do this...

AK_Francis      ( Date: 27-Feb-2009 18:43) Posted: The completed trade made no sense. If it is not an entry error, there is not wrong for anyone to buy it higher to ensure the catch. The worst scenairo or very likely case is that it could be a last min buy back as BBs shorted earlier n later unable to collect enough shares to cover. To run away d penalty, the only way to get help fr d broking firm to sell d req qty shares at a much higher premium, with mutual agreement. If both d above ok, n tonite DJ plunges again, then next Mon, u will see people Q anything below d today closing price of 1.92, not d pre-close price. If DJ climb, then next Mon call price would be 1.92 or 1 or 2 bids above, while market opens. Of course, d 1.98's guy can Q to sell more than 1.98. Lets say, he can Q on to sell at 2.08(10 bids higher), then u cannot Q to buy at 1.92 instead 10 bids lower of 1.98. He can buy back d 1.98 seller price n make d new seller price of 2.00. He may repeat again d same trick until his bulk of 1.98 stock can dump n make profit. D CFD players are worry about d above, as d margin call can drive them to lose money. Hope my guess above make sense. As I hv no capital n experience to do that. Cheers. ewlew2      ( Date: 27-Feb-2009 18:03) Posted: Thanks for the explanation. Finally I understand the jump in figures before and after mkt. oinkoink1999's question is interesting. For the same matter, will the price of 1.98 be the opening price on Mon too? Thanks!

 

Just wanted to share an observation my friend told me(though no guarantee). It seems very common for stocks to plunge nearing weekend due to pple selling due uncertainty over the weekend if some catastrophe happens eg 9/11 and also bcos short sellers capitalise on this little knowledge as well. Then almost always(no guarantee), prices will rise the following Mon or Tues. Barring any incidents. This may help explain the decline today.

 

You're very humble AK. I've learnt so much just thru this one day and much is from you. But I still dun ustand some points you raised below. Wld appreciate if you cld further explain. Thanks!

'Lets say, he can Q on to sell at 2.08(10 bids higher), then u cannot Q to buy at 1.92 instead 10 bids lower of 1.98.'

Why is this? You mean somebody can only Q to buy at 1.88? (10 bids.)

'He can buy back d 1.98 seller price n make d new seller price of 2.00. He may repeat again d same trick until his bulk of 1.98 stock can dump n make profit.'

I really dun get this sentence. Sorry for asking so many add on questions Many thks.

AK_Francis      ( Date: 27-Feb-2009 18:43) Posted: The completed trade made no sense. If it is not an entry error, there is not wrong for anyone to buy it higher to ensure the catch. The worst scenairo or very likely case is that it could be a last min buy back as BBs shorted earlier n later unable to collect enough shares to cover. To run away d penalty, the only way to get help fr d broking firm to sell d req qty shares at a much higher premium, with mutual agreement. If both d above ok, n tonite DJ plunges again, then next Mon, u will see people Q anything below d today closing price of 1.92, not d pre-close price. If DJ climb, then next Mon call price would be 1.92 or 1 or 2 bids above, while market opens. Of course, d 1.98's guy can Q to sell more than 1.98. Lets say, he can Q on to sell at 2.08(10 bids higher), then u cannot Q to buy at 1.92 instead 10 bids lower of 1.98. He can buy back d 1.98 seller price n make d new seller price of 2.00. He may repeat again d same trick until his bulk of 1.98 stock can dump n make profit. D CFD players are worry about d above, as d margin call can drive them to lose money. Hope my guess above make sense. As I hv no capital n experience to do that. Cheers. ewlew2      ( Date: 27-Feb-2009 18:03) Posted: Thanks for the explanation. Finally I understand the jump in figures before and after mkt. oinkoink1999's question is interesting. For the same matter, will the price of 1.98 be the opening price on Mon too? Thanks!

 

The completed trade made no sense. If it is not an entry error, there is not wrong for anyone to buy it higher to ensure the catch.

The worst scenairo or very likely case is that it could be a last min buy back as BBs shorted earlier n later unable to collect enough shares to cover. To run away d penalty, the only way to get help fr d broking firm to sell d req qty shares at a much higher premium, with mutual agreement.

If both d above ok, n tonite DJ plunges again, then next Mon, u will see people Q anything below d today closing price of 1.92, not d pre-close price. If DJ climb, then next Mon call price would be 1.92 or 1 or 2 bids above, while market opens. Of course, d 1.98's guy can Q to sell more than 1.98.

Lets say, he can Q on to sell at 2.08(10 bids higher), then u cannot Q to buy at 1.92 instead 10 bids lower of 1.98. He can buy back d 1.98 seller price n make d new seller price of 2.00. He may repeat again d same trick until his bulk of 1.98 stock can dump n make profit. D CFD players are worry about d above, as d margin call can drive them to lose money.

Hope my guess above make sense. As I hv no capital n experience to do that. Cheers.

ewlew2      ( Date: 27-Feb-2009 18:03) Posted: Thanks for the explanation. Finally I understand the jump in figures before and after mkt. oinkoink1999's question is interesting. For the same matter, will the price of 1.98 be the opening price on Mon too? Thanks!

 

Thanks for the explanation. Finally I understand the jump in figures before and after mkt. oinkoink1999's question is interesting. For the same matter, will the price of 1.98 be the opening price on Mon too? Thanks!

 

impressive~! that is 12million dollars worth of stock buy up..just curious..does it mean that those trying to sell from 1.92 to 1.98 succeeded in their trades? anyone care to explain this situation? Thanks~!

 

Ha ha, 1700 is SGX closing, any stock price appear then is d ref for the follow-up trading. 

1700-1705 pre-close trading allowable, no of bid, higher or lower, ref to d closing price.

17.05-17.06, can place order but no withdrawal, if u r online. If mistake made, call your TR to do amendment immediately.

Typical exp. DBS closed at 7.78. But after 17.06, its last done price was 7.84. Such trick,normally BBs do that. If u r shorting, dun do any buy-in in such window, danger.

ewlew2      ( Date: 27-Feb-2009 17:19) Posted: Well, at least I dun feel like goon doing all the work on its financials and then buying at 1.96!!! Haha... some financial institution or head honcho must have gave the last burst of power. But one burning question, how can they do tat after the mkt closes?

 

If it breaks through 1.88 next week, , hell may break lose (ie. more dumping) after that!... 

 

The h&s pattern is quite clearly formed....

Right now, the right shoulder appears to be completing...  

 

Hi Jackjames, where did you get the info below? Thks.

jackjames      ( Date: 27-Feb-2009 17:06) Posted: 17:05:02 1.98 6,033,000 Buy Up 16:59:56 1.92 3,000 Buy Up 16:59:51 1.92 18,000 Buy Up amazing last second push up..

 

Well, at least I dun feel like goon doing all the work on its financials and then buying at 1.96!!! Haha... some financial institution or head honcho must have gave the last burst of power. But one burning question, how can they do tat after the mkt closes?

 

Wondering!!!

If this counter continue to slide down, who else going to subscribe its Right at 1.30 Dollar????

 

 

 

17:05:02	1.98	6,033,000	Buy Up
16:59:56	1.92	3,000	Buy Up
16:59:51	1.92	18,000	Buy Up

amazing last second push up..

 

As far as I can see, even at $2, the stock price is way less than the Net Asset per Share of Capitaland i.e. if the company were to be dismantled and sold, it would be worth considerably more than wat's its priced at in the mkt. And yet it's being sold down cyclically.

 

Thks for the explanation. Suspected the reason might be this. If an investor bought 2 shares at 2.36 and made 770 from sale of the right. Then selling at 1.96ish he wld still be ok. Luckily I'm all for value investing. Well, guess no one can really time the market. Might as well be now. Haha...

 

Today's "pengsan" was rather expected by the more sensitive, who are 'biased bears'...

ie. inverted saucers, serious systemic consequences seeping slowly but surely through ...

In the meantime, there will be many optimists and 'business cyclists' who buy happily on the way down...  

Just one person's view...  

ewlew2      ( Date: 27-Feb-2009 15:57) Posted: Hmm... considering wat's happening to the share prices to DBS, OCBC, SGX and Jardine today. Capitaland isn't doing too badly. The stock market's getting a real thrashing.

 

If holder clearing their R as high at 77cts, and they might evacuate d mother share as well, to take d profit. D mainly reason could be forseeing that ppt market will not improve in coming future.

ewlew2      ( Date: 27-Feb-2009 15:48) Posted: Good question. My sentiments exactly. Could it be due to the rights issue? People selling off their rights without taking it up? Any experienced member can hazard a guess?

 

Hmm... considering wat's happening to the share prices to DBS, OCBC, SGX and Jardine today. Capitaland isn't doing too badly. The stock market's getting a real thrashing.