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still holding on to my first and only lot of SPC. will see if i got patience hold till next year. Inflationary effects of pumping so much money still yet to be seen.
gregorsamsa ( Date: 03-Apr-2009 07:40) Posted:
She cleared everything already including 1 lot SPC @ 2.32 which she cleared at 2.80. Told her that SPC no more downside and only upside (but how much upside I dont know lah), but she still take profit. I'm still holding on to that one lot bought @ 2.53. With enough patience, we can all profit from this point. OPEC next meet in May
AK_Francis ( Date: 23-Mar-2009 21:32) Posted:
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Ha ha, your mum got her own trading stretegy, esp talking about cutting loss n profit margin.
Perhaps u can convince her further with your farsighted view on SPC, not late to buy in again loh.
AK managed to get few near closing only. D other Q expired liao. Acc some penny stocks in SGX n HS as well, not for long term ones. Must see DJ tonite perform liao.
Cheers. |
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I'm also contemplating to sell also.. have some at average $6.10 , bought last year...
sold at 4.54, haiz
Any Bro can analysis what is pushing SPC now ? Thks
spc consolidating ? Overbrought liao
Has been moving up quietly this few days.....
Which counter ?
ha ha, ds burger bolger band widen, got room for improvement, but AK not convinced leh, at ds moment. Nonetheless, very short term trade still viable loh. CA applies lah.
Related energy, palm oil , take note liao, a cheper counter
Sharing n no calling..
I scared leh, very suay 1. When Sell , the stock chiong up, e.g OCBC,SIA. So now ovrbrought liao, if 2molo buy to average down, scarly all sell and price drop..
From SPC AR 2008:
In the first half-year,the average refining margin was about US$10.00 per barrel. With weaker demand in the second half-year, the average refining
margin fell to about US$1.00 per barrel. For the full year 2008, the Group recorded an average refining margin of about US$5.50 per barrel.
The oil price is up US 56, refining margin also should improve. Last reported refining margin was I think US 4.5??
overbrought already.. Still buying ?
what causes the gap up ? DOW ? Thanks.
TA also all thrown out of the window- price higher with lower vol, still cheong?!?
someone mentioned next gap up resistance is 4.90..u believe?
lol
Blastoff ( Date: 07-May-2009 09:46) Posted:
| SPC gone crazy.... going up so fast. Congrats to those vested! |
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SPC gone crazy.... going up so fast. Congrats to those vested!
ha ha , forgotten when got such day high liao. Cheers.
spc on steroid.
Cannot believe.. suddenly chiong up... no chance to buy cheap ?
touching $4... fundamentals remain the same..
And one must also be able to take that the moment one cuts loss, the price will take off thereafter...
It happens frequenty too.
Such is the nature of the damn beast... hehehe.. 
ozone2002 ( Date: 04-May-2009 16:26) Posted:
| if a trader goes in a trade and doesn't put his stop loss in..
he's practically at the whims of the market..
a seasoned trader always put his stop loss and cut losses so that he doesn't get hit on the reverse..
likewise for reversal.. :) |
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