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All 10 S& P sectors turned higher, led by energy and financials.
The Dow Jones Industrial Average jumped to hit a new high for the year, led by BofA [BAC 8.35 0.24 (+2.96%) ] and JPMorgan [JPM 44.06 1.08 (+2.51%) ], after managing to eke out a small gain in April for the seventh-consecutive month. The S& P 500 and the Nasdaq also gained. The CBOE Volatility Index, widely considered the best gauge of fear in the market, traded above 17. All 10 S& P sectors turned higher, led by energy and financials. Contrary to the saying ‘sell in May and go away,’ May has historically been a strong month,” noted Joe Bell, senior equity analyst at Schaeffer's Research. “Overall, we’re pretty bullish right now and it’s due to the lowered expectations as a lot of people doubt this market…Europe and China remain wildcards, but most of their problems have been baked in.” On the economic front, factory activity in the U.S. posted a surprising gain in April, rising to 54.8 from 53.4 in March, according to the Institute of Supply Management. Economists had expected a reading of 53.0. A reading below 50 indicates contraction in the manufacturing sector.
http://www.cnbc.com/id/47245203
Don't think so!
The worst season was gone. the rest quarter of this year should recover swiftly.
No reason to sell at so low price. still got strong confidence for this counter.
rutheone1905 ( Date: 30-Apr-2012 22:26) Posted:
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The new support is 1.98 if price moved below this price dont go in.
Anyway my take is difficult to chiong like last time liao. Can sell, sell before Exdate 3/5, once this last reason for ppl to hold on is gone then may free fall or shorties will come in for the last kill.
rutheone1905 ( Date: 27-Apr-2012 10:47) Posted:
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Did I see wrongly? Net profit dropped 65%?
FIRST QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT |
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_CB38501274F0EDD8482579F0003211DB/$file/120430_Q1_2012_Results_Announcement.pdf?openelement
no signs of life....
Shortist discounted this counter. 
The good support is 2.05 if price still below this value dont enter becos anytime it will suddenly short downwards.
hi all,
I noticed something, whenever we post here, shortist will begin shorting.
I suggest we refrain from posting anymore but use messaging instead.
Those who havent' cover the shorts, it will be too late.
No I didn't attend.
Anyway, the price seems to be reversing.
Busy today, did not go.
Any news from the AGM?
Have you asked them why the stock price dropped so much recently and also about the rumor of tax from government?
genting^2 ( Date: 26-Apr-2012 10:54) Posted:
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didnt close well...hope it will consolidate here for awhile...
genting^2 ( Date: 26-Apr-2012 16:14) Posted:
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Looks like it is maintaining at $2.
should hold at this $2 marker...may consider a punt for a rebound...
Anyone attended the AGM
Big brother buys at 2.00 married deal at 15:01
| 15:02:20 | 1.9950 | 2,000 | Bought From Seller |
| 15:01:25 | 2.0000 | 2,177,000 | X |
| 14:57:00 | 1.9900 | 1,000 | Sold To Buyer |
| 14:56:59 | 1.9900 | 1,000 | Sold To Buyer |
| 14:56:59 | 1.9900 | 1,000 | Sold To Buyer |
| 14:56:59 | 1.9900 | 1,000 | Sold To Buyer |
| 14:56:58 | 1.9900 | 4,000 | Sold To Buyer |
| 14:56:58 | 1.9900 | 3,000 | Sold To Buyer |
| 14:56:58 | 1.9900 | 4,000 | Sold To Buyer |
| 14:56:58 | 1.9950 | 2,000 | Bought From Seller |
| 14:56:58 | 1.9950 | 25,000 | Bought From Seller |
| 14:56:58 | 1.9950 | 18,000 | Bought From Seller |
| 14:55:02 | 1.9950 | 1,000 | Sold To Buyer |
| 14:55:01 | 1.9950 | 1,000 | Sold To Buyer |
| 14:55:01 | 1.9950 | 2,000 | Sold To Buyer |
| 14:55:00 | 1.9950 | 2,000 | Sold To Buyer |
| 14:55:00 | 1.9950 | 1,000 | Sold To Buyer |
| 14:55:00 | 1.9950 | 6,000 | Bought From Seller |
| 14:55:00 | 1.9950 | 2,000 | Bought From Seller |
| 14:55:00 | 1.9950 | 1,000 | Bought From Seller |
I should be buying Sakari @ $1.80 for a bounce if it ever gets there within a week or 2.
:p
Wow u mentioned abt NOL then i quickly take a look (long time nvr see this one alrdy), then i noticed it just pass below it critical support of 1.25! Dangerous.......maybe we can call it penny NOL n once again Timasick invest wrongly.....