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Squeeze Breakout Buys

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smaxmike
    05-Jul-2007 13:21  
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Hi Folks,

Just want to update u guys on Ray's recent stock recommandations. For your information, so far for all the counters below Ray, has vested himself; and 100% of them are Winners with substential gains! I am amazed on how accurate his stocks picking skills, and how selfless and generous he had shared his achievement with us...
  • July 02 -- [TeckWah] Entry Price @ 39.5c. Today's Peak Price: 53c
  • July 02 -- [Nylect Tech] Entry Price @ S$1.50. Today's Peak Price: S$ 1.77
  • July 03 -- [Sim Lian] Entry Price @ 87c. Today's Peak Price: 99.5c
  • July 03 -- [KSH] Entry Price @ 91c. Today's Peak Price: 99c
  • July 04 -- [ReYoung Pharma] Entry Price @ 47.5c. Today's Peak Price: 49c
  • July 04 -- [BRC Asia] Entry Price @ 26c. Today's Peak Price: 29c


The above stocks Ray is currently still holding and enjoy the nice ride. :) There is some more counters he just went in and quickly exited at around peak price, such as:
  • [CSC Holding] Entry Price @ 66.5c. Exit Price @ 68.5c 
  • [VGO] Entry Price @ 13.5c. Exist Price @ 15.5c
 
 
myhope
    05-Jul-2007 12:55  
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Hi Ed, can see any light in Sunlight? Still vested. Thanks.
 
 
johnwhite
    04-Jul-2007 13:57  
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Hi smacmike,

Where did Ray post the buy calls? I never receive/see his calls on these counters. :(
 

 
chendol
    04-Jul-2007 13:57  
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i was trying to find the thread for simliam last nite and found the last post is 2006! very happy that it has gone up so much. smiling like a cheshire cat. vested  last mth.
 
 
AlterEgo
    04-Jul-2007 13:56  
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Yo Ed, where the heck is he posting at?  Thanks!
 
 
ed88ks
    04-Jul-2007 13:20  
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Sim Lian is still running like crazy. High of 1.01, now at the 0.99 - 0.995 levels. Congrats all. Still vested.
Ray posting.....cool
 

 
smaxmike
    03-Jul-2007 18:40  
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Hi Guys, Forgot to update today's Stock Pick from Ray:
  1. Sim Lian -- Vested @ 87.5c when Ray called. Now closed at 94c... still got more upside!
  2. KSH -- price @91c when Ray called, Closed at 93c... pitty did not vest because not enough bullets.


Good Luck to you all!
 
 
sojourner
    03-Jul-2007 13:47  
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Hi all,

Shinka and I will be meeting on Wed evening, and thought it would be good to extend to members of this forum. If you can make it Wed evening at a central location, pls let me know.

Venue to be confirmed tonight, or via SMS tomorrow morning, pls send me an email with your contact, though i will only access hotmail tonight, and have no access tomorrow.

Ray will probably be there too.

It will be a casual meetup, no presentations like last Sat's gathering. Pls confirm as we need to find a venue.


Cheers.
 
 
simonxda
    03-Jul-2007 09:17  
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Hi Ed, VGO call.. Do you know why the stock keep going for so many days? Thanks.
 
 
ed88ks
    03-Jul-2007 03:40  
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http://www.investopedia.com/terms/b/breakout.asp

A price movement through an identified level of support or resistance, which is usually followed by heavy volume and increased volatility. Traders will buy the underlying asset when the price breaks above a level of resistance and sell when it breaks below support.  

 
This chart shows a stock that has historically encountered a lot of resistance near $37, but notice how it heads sharply higher following the breakout. In practice, a breakout is most commonly used to refer to a situation where the price breaks above a level of resistance and heads higher, rather than breaking below a level of support and heading lower. Once a resistance level is broken, it is regarded as the next level of support when the asset experiences a pullback  Most traders use chart patterns and other technical tools such as trendlines to identify possible candidates that are likely to break through a support/resistance level. 

A breakout is the bullish counterpart to a breakdown.
 

 
rayphua
    03-Jul-2007 01:09  
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lol, thanks Ed for updating.  : )
 
 
AlterEgo
    02-Jul-2007 23:04  
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Ed, where did you get his calls from?  I don't see him posting here.  Thanks.
 
 
ed88ks
    02-Jul-2007 19:14  
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Equation Corporation: Gives go ahead option to Mcpeekay Consulting Group to buy 150m Centillion Environment and Recycling shares.


Swiber Holdings : Expects to get $120.4m in light of proposed 55.35m private share placement
 
 
ed88ks
    02-Jul-2007 18:30  
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yes, for today , more to come ...
 
 
AlterEgo
    02-Jul-2007 18:20  
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Hi bro ed.  Is the call for today?  Wah, they already chiong like siao today leh.
 

 
ed88ks
    02-Jul-2007 17:43  
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Ray's call VGO, Swiber and teck wah.....
 
 
j3r0m3
    02-Jul-2007 13:55  
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read about MFI here
 
 
taybc1071
    02-Jul-2007 13:28  
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hi esmiley, what is this MFI and what does it indicate when >75. Mind to share. Still learning.

 
 
 
smaxmike
    02-Jul-2007 13:07  
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Have really learnt a lot from Ray...Cheers!
 
 
rayphua
    02-Jul-2007 10:22  
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Equation breakout = Doing fine.

LMA breakout = Doing extremely well.
 
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