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Is Biosensors a good buy?

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Arbitrager
    11-Mar-2008 17:58  
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hi ekekg,

If you saw my previous advice on for BI, I have been asking ppl to take profit or cut loss since 90+ cents till now.. but seems like people still v bullish and optimistic on this counter. Well wat need to be said, i already done so.. Really sad to see more ppl kanna burnt by this counter. I can tell u that it still not over.. more to come. if u notice my TP for BIG has been very well inline.. I foresee it going down to low 50c. but of cos some support at 64c region.

Do your own research before making any BUY/SELL decision.

caveat emptor applies.
 
 
bengster68
    11-Mar-2008 16:45  
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Contra players cutting losses and getting out.
 
 
limhpp
    11-Mar-2008 16:40  
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Ya, I thought it may be good time now to see big lots dumping...... So I hold my horses....

 
 

 
gbleng
    11-Mar-2008 16:38  
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Hey bro... hope you are right this time round.. kena black eye one time too many.  Just when I was considering going in.. alamak went down ..  hmmmmm .... 
 
 
bengster68
    11-Mar-2008 16:27  
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This is one of the very few times im urging fellow forumers to buy. Im calling for a strong buy now. Previous posts were not an inducement to buy. But this time at such rock bottom prices and several changes in BIG's fundamentals, i am urging/inducing/calling all you guys here to buy. I repeat again: Potential upside profit of 100% within 3 months. Take it or leave it.   
 
 
XiaoMaGe888
    11-Mar-2008 16:07  
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How many times he  mention 100% upside,friday,next monday will chiong so how ?chiong to where? to Holland.
 

 
ekekeg
    11-Mar-2008 16:00  
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What are the reasons, XiaoMaGe888?  I was thinking of buying back what I sold last week.  Pls don't ef me for selling part of my BIG holdings.  I got cold legs, but still vested.  Not decided to giveup waiting or stay on. Can advise, anyone?
 
 
XiaoMaGe888
    11-Mar-2008 15:56  
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Smiley Dun trust!!!!!!Smiley
 
 
stockwhizz76
    11-Mar-2008 15:50  
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have to weigh against the market sentiment also.
 
 
bengster68
    11-Mar-2008 14:56  
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Load up now fellow forumers.

BUY!!! BUY!!! BUY!!!!!!!!

Price now is 70cts. Im making a strong buy call to fellow forumers now. Those who got the balls to buy now will be richly rewarded soon. My personal estimate is 100% upside in 3 months time.
 

 
cyjjerry85
    11-Mar-2008 11:13  
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charts wise...its bearish...but the fundamental outlook is doing good in fact...
 
 
OkieDokie
    11-Mar-2008 10:31  
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Bengster,

Trust you ? Certainly & absolutely !!!  Still loading ....albeit at lower speed  because a bit stretched & shack, both monetary & mentally. Not a unsurmountable problem though... When I reaped the harvest I am going to book into a top resort and do nothing else but eat, wine and dine for days.... so shiok...! Hopefully  this come before I register myself for Beacon II registry to get free Biomatrix.. ha ha !

 
 
 
bengster68
    11-Mar-2008 10:08  
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No worries Singaporegal, you are providing something objective according to TA and the charts are indeed bearish. However, I feel it is way oversold position. If you guys still have "bullets" and got the balls to load up, BIG is really at ridiciously low price now. The price now is even below before NOBORI trial announcement, CE announcement and full acquisition of China JWMS. Plus, there are some very significant change in BIG's fundamentals we have not seen it unfold yet. If you guys trust me, buying at current prices will reap very handsome rewards soon.  
 
 
sharejunkie
    11-Mar-2008 00:08  
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yeah singaporegal, we luv ya!  nice to see the veteran TA experts contributing to this thread.

noticed that BIG PR has improved! great quote from one of their beneficiaries - "Everything else is secondary."

indication that their business is recession-proof.

can see that BIG is really gearing up towards the April launch which should coincide nicely with an upturn in TA readings.  :)

 
 
 
jackjames
    10-Mar-2008 23:32  
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got it loud and clear.. thanks singaporegal, we will only love you, won't kill you la...
 

 
singaporegal
    10-Mar-2008 22:09  
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I know there are lots of biosensors fans here... so dun kill me for this post hor... I'm just read TA charts and interpret them.

The short term TA outlook for this counter is bearish. Acc/Dist and Chaikin is heading south. Price has also cut below the lower bollinger band. All bearish signs.


 
 
 
A02041315
    10-Mar-2008 12:50  
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Arbitrager
    10-Mar-2008 10:24  
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Hi elf, how u doing?? enjoying ur break now after u tendered?? wow wow full time trading liao ah..

ha! that's was luck.. cos i was monitoring the buy sell near closing and saw huge selling pressure coming in near closing so i gave that call..

yep, this counter is definitely not for newbie.. alot of ppl kanna burnt by this counter many many times. looking at the chart, alot of treacherous trap everywhere. past 1 mth is also another trap set up to trap many retails in. Can see alot of skeletons in the closet. I am sure many of the ppl here will disagree with mi but well truth will remain truth. Highly recommend for short-term punters only... newbies and long-term investors do refrain from this.

those really for whichever reasons must buy this stock can wait till 64~66c.

caveat emptor applies.
 
 
elfinchilde
    08-Mar-2008 16:37  
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haha. arbitrager, very zhun on the closing call. hats off to you man. this baby isn't easy to call indeed. very volatile. wld advise newbies to stay out. either for long term holders, or experienced traders.

66c is a very good support.

specially for JJ and novena: if you're a short term player, ya only need one indicator to play this stock. *grin* yr rebound next week (if it occurs) will be worth ~11c from whatever the low it drops to is.

;) cheers!

PS: caveat applies as usual. not vested; and don't intend to.
 
 
bengster68
    08-Mar-2008 14:26  
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Any report on BIG's conference held yesterday to clarify yesterday's Straits Times article? How come that Straits Times journalist didn't write out BIG's conference today? That hopeless jounalist didn't check the facts correctly and can do this type of pian chiak reporting. Lower the reporting standards of SPH.

DES has 6 months MACE rate of 19% and BMS at 27%??? Get your facts right first and duno anyhow report just because some German Ang Moh come and bullshi# you. KN.N. Biomatrix has MACE rate of 3.9% at 9months in NOBORI 1 phase 2 trial. The 6 months MACE rate could be lower than 3%.

There are 2 things that can cause the renarrow the diameter of bloodstream flow: 1. Plaque (fatty deposits) re-blocking; 2. Scarring (due to stenting). This type of balloon angioplasty without a stent is actually of not much use in propping out the clogged arteries. The plaque that is clogging will still not effectively "pressed down" to the artery wall after the balloon is deflated and removed. Because there is nothing to "press down" the plaque, vessel renarrowing by the plaque itself will happen very fast and faster than BMS or DES. In the balloon method, there is minimal injury to the vessel wall since there is very little scarring on the vessel wall. I think the Germans are refering only on the scarring renarrowing effects on the vessel wall and didn't mention anything about plaque deposits renarrowing the diameter of blood flow in the vessel. This is very misleading.

However, if BMS or DES is used, the plaque will be pressed down to the vessel wall (free flow of blood stream that is unobstructed by the plaque fatty deposit) but there is scarring of the vessel wall due to stenting that causes renarrowing. This is when DES is more superior than BMS: to allow better healing of the vessel wall and prevention of overly agressive scarring.

In summary, for long-term solution, stenting is still a better solution compared to Balloon method. Balloon method was used before BMS. Why would people want to use BMS? BMS was used before DES, why would people want to use DES now? How can Balloon method be suddenly better than DES? Lee Hui Chieh at  Huichieh@sph.com.sg  , use your brains please. Now you have become a laughing stock in this BMS/DES industry because the novel "Balloon with drug" method that you raved about just yesterday was immediately proven to be a failure not once, but twice  in yesterday's "live" telecast angioplasty conference. Luckily both patients didn't die and we still have DESs to come into their rescue.     
 
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