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Price swing so much today, is there any bad news?Any announcement?
After creating a runaway gap yesterday , it would go down to this target .
Bintang ( Date: 12-Aug-2011 11:51) Posted:
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why not? :p
Joe2020 ( Date: 12-Aug-2011 12:14) Posted:
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dont
xing78 ( Date: 12-Aug-2011 12:04) Posted:
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Triggered by my cut-loss at 0.85.
Looks like no luck for me today.
Selling very strong today, now will be looking to short later if price rebound to 0.90.
:p
stockmarketmind ( Date: 12-Aug-2011 11:55) Posted:
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good luck!
xing78 ( Date: 12-Aug-2011 11:07) Posted:
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Short term support is 63 cents .
timqoo ( Date: 12-Aug-2011 10:49) Posted:
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danger zone ! attracts many sharks
I just entered long for 1/2 position @ 0.885 for quick bounce.
Why Ying Li never drop so much if government intervention is the cause.
Clearly oversold in my opinion.
china gov curb properties, profit of course drop
Very significant profit dropped.
Cosco in the making?
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9B8EC73EEA2A7415482578E800459D36/$file/10-08-11-2Q1H2011Results_PPT.pdf?openelement
xing78 ( Date: 12-Aug-2011 10:49) Posted:
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0.88 -5.9%
xing78 ( Date: 12-Aug-2011 10:47) Posted:
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don't know why, but this type of movement reminds me of midas and cosco.
Really looking very bad.
Ying Li up +3.6% with broad based rally but Yan Lord down -4.8%.
Could be something going on behind the scene.
Anyway, I not vested but looking for long opportunity here.
stockmarketmind ( Date: 12-Aug-2011 10:29) Posted:
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Any bad news from China????
what happened?
some bad news?
xing78 ( Date: 12-Aug-2011 10:16) Posted:
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Another sell-off for this counter.
0.90 cents support looks shaky.
ya. a lot traders around. nowadays market really volatile. can swing up and down based on a few pieces of good news. =/
Most people here are short term traders, they want to know if a stock will run tomorrow or drop tomorrow. Putting a price range so far away from the current price is just saying it might or might not happen at all.
There is a good chance a technical rebound will occur to close the gap at 105. this is the chance to sell not buy.
Normally it takes one year to 18mths before market cool off or find its problem solve through some policy intervention. So the earliest is next 2Q-3Q before realbuying begins.
The chart is simply showing the worst is yet to be. By Sep, 75cents should be within reach if the selling continues.
Simply buy when it comes below 80cents.
This one will hit $5 ten year later. Must be long sighted. Now we are at Fear Stage but not very fearful yet.
FearValueGreed ( Date: 06-Aug-2011 13:05) Posted:
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