
You are right that 'the best is yet to be', and think of the glorious future and the superb potential of any stock.
But right now is the time for action and not think too rosily of the future.
Because when a stock is falling and falling day by day, week by week, month by month, and who knows, maybe even year by year, it's' really no point in thinking into the far future (unless there's a far future product).
What is needed is to save one's precious hard-earned $$$... now!...
ruanlai ( Date: 17-Sep-2008 20:12) Posted:
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I wouldn't buy Best World even at $0.20. There're so many good companies with exposure to China. So why buy this?
Need to rise 770% to reach confused investor's target of $2.
Extremely HEAVY SELLING!!! Even more than that on 5 Jun when it reached $0.43. Can only be due to INSTITUTIONAL SELLING.
DOWNTREND still intact because it closed at the low.
MORE DOWNSIDE ahead!!!
17:05:01 | 0.260 | 34,000 | Sell Down |
16:56:07 | 0.260 | 20,000 | Buy Up |
16:50:47 | 0.260 | 20,000 | Sell Down |
16:49:52 | 0.265 | 10,000 | Sell Down |
16:31:28 | 0.275 | 76,000 | Sell Down |
16:30:58 | 0.275 | 74,000 | X |
16:07:11 | 0.270 | 16,000 | Sell Down |
15:57:30 | 0.265 | 100,000 | X |
15:55:37 | 0.265 | 50,000 | X |
15:54:52 | 0.265 | 200,000 | X |
15:53:48 | 0.265 | 650,000 | X |
14:01:38 | 0.260 | 170,000 | Sell Down |
14:01:13 | 0.270 | 40,000 | Sell Down |
13:59:02 | 0.275 | 160,000 | Sell Down |
12:26:10 | 0.280 | 117,000 | Sell Down |
Today's volume of 3.5million is staggering (scary) for this thinly trading stock!...
But to buy now is rather dangerous because of the geometrical diminishing value as it continues to fall.
Since many IPOs are trading below their initial offer price, BestWorld may not be a good buy at 0.20.
0.15 would be a better price, but even this may be expensive if the market is still not reversing.... in which case 0.12 may be a more reasonable price....
ruanlai ( Date: 17-Sep-2008 20:12) Posted:
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two bad things..
(1) the volume today is rather strong, and heading down... not a good sign..
(2) next week is dividend payout... fat dividend, with current price, it's more than 4% yield... after the ex date, the stock will get hammered down again..
As we have seen in the business newspapers recently, many IPO prices are already trading below their original issue price.
So maybe BestWorld may also follow suit and go below .20, in which case it is not worth to buy at .20 since it may go even lower in this big global finacial crisis...
Anyway, I will follow the chart and buy when the time is right. I must buy this MLM firm as part of my portfolio.... Just think China!...
Still on course for $0.20!!!
Confused investor bought at $0.20. Well, 3 years of gain is going down the drain!!!
DOWNTREND STILL INTACT!!!
zhuge_liang ( Date: 25-Jul-2008 02:38) Posted:
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PLUNGED YET AGAIN today!!!
A rapid fall of around $0.10 from 8 Sep's price of $0.39 as expected.
On course for $0.20!
More DOWNSIDE AHEAD!!!
zhuge_liang ( Date: 08-Sep-2008 04:49) Posted:
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Latest low for today is 0.28. Movement is steady...
But may rally first to catch some fresh breath before falling again...
True to form, it's really falling...
At this rate of fall, my entry price of .20 should be easily reached very soon...
Hope I can get it, since I do love the MLM marketting model...
Bad post ratings are not going to change the fact that my predictions are accurate and Best World's downtrend is intact.
focusy, did you not looked at my analysis? Is it not coming true? You sound like someone who love some stocks no matter what. You shouldn't be emotional about any stock. Most of the time the volume is zero like it's dead.
Whining is no analysis. If you want to pick on somebody, go and pick on the confused investor in the Wilmar thread with no analysis.
HEAVY SELLING today!!! Best World PLUNGED 12.5% to $0.325!!! Need to rebound 600+% to hit $2!!!
16:55:38 | 0.325 | 3,000 | Buy Up |
16:55:24 | 0.325 | 5,000 | Buy Up |
16:51:21 | 0.325 | 3,000 | Buy Up |
16:32:29 | 0.325 | 10,000 | Buy Up |
16:12:39 | 0.325 | 10,000 | Buy Up |
16:03:20 | 0.325 | 15,000 | Buy Up |
14:02:04 | 0.325 | 2,000 | Sell Down |
12:08:24 | 0.325 | 3,000 | Sell Down |
11:56:49 | 0.330 | 10,000 | Sell Down |
11:38:37 | 0.330 | 5,000 | Buy Up |
11:36:40 | 0.330 | 5,000 | Buy Up |
10:43:46 | 0.330 | 10,000 | Sell Down |
10:32:12 | 0.330 | 29,000 | Sell Down |
10:29:57 | 0.330 | 1,000 | Buy Up |
10:14:42 | 0.330 | 29,000 | Sell Down |
10:14:03 | 0.330 | 3,000 | Sell Down |
10:05:45 | 0.330 | 9,000 | Sell Down |
09:50:16 | 0.350 | 23,000 | Sell Down |
09:37:40 | 0.360 | 50,000 | Sell Down |
09:34:57 | 0.365 | 11,000 | Sell Down |
09:34:04 | 0.365 | 9,000 | Sell Down |
zhuge_liang ( Date: 08-Sep-2008 04:49) Posted:
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I believe this company will be as a long-term succcess just like Amway, etc in the USA.
Especially if one thinks of it's China market, which alone is potentially mind-boggling.
It's growth there can be exsplosive, since MLM is a business model that has been proven to work.
Thus, it is good to enter at a good price.
Personally, my entry price will be 0.20 (the original IPO issue price?).
But depending on its technical price performance after I purchase, I will definitely dump if it falls below a valid psychological support (as indicated by technicals)...

by the way, yesterday 's action:
9 months later, $2 remains a beautiful dream for Stockking.
Need to rise 500%++ to reach $2!!!
DOWNTREND STILL INTACT!!!
BullRun ( Date: 11-Dec-2007 22:07) Posted:
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Looks like it can reach my waiting price in time to come.
I like MLM companies... because profits can be exponentially high for the upper members, and thus the company. Furthermore, BW's potential in China is overwhelmingly great.
But right now we must live with the reality of the bear market beast...
PLUNGED TODAY!!

Marks the start of RAPID FALL

NO SIGN OF REBOUND!! DOWN TREND STILL INTACT!!

This one just dropped further to 0.38 today...
For it to fall bit by bit is not easily noticeable...
But it adds up to a lot in weeks and months of falling a little bit by a little bit...

9 months passed....continue to head south instead of $2..
Need to rebound 500%++ to hit $2!! !
NO SIGN OF REBOUND!! DOWN TREND STILL INTACT!!