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hi all, i shorted yesterday for tiger at 10 lots and failed to cover within the same day.
Please advise what will happen next? Got to wait till SGX buy in?
shorted at 1.135 x10 lots !! WISH ME MOTHER OF ALL LUCK ! :P
." ....A check with brokers and analysts drew a blank, but market insiders expressed surprise at the sudden high-volume pick-up by the stock,,,,,,,,,,,'In our previous note, we have been communicating to investors about the perils of investing in Tiger right now, but we note that we see positive streaming in going forward,' said CIMB's Daniel Lau. 'We advocated a wait-and-see approach and will only be comfortable getting into the stock once we smell a revival. While it is obvious a fund bought into Tiger Airways, we are unsure of the parties involved in the transaction.'........Business Times, 21/7/11
Wild swingings from positive (bullish) to negative (bearish),
and back again, are the norm in the stock market.
Which means to say, a person can turn from being
a full maximum bull to become a maximum bear,
and vice versa, in a matter of weeks, if not days...
Lately, reports out there are making the near-term future look bleak for this counter.
Awaiting for some conerstone investor to lose confidence and jump ship.
Price might just dip further after that. Wise to take profit first is any.
not long ago you are very positive on this counter,
why are you so negative now.
sold all you shares aredi ah.
ASIA BUSINESS
JULY 21, 2011, 4:06 A.M. ET
ANA, AirAsia to Launch Budget Carrier in Japan
BY HIROYUKI KACHI
TOKYO—All Nippon Airways Co. and Malaysia's AirAsia Bhd. said Thursday they will launch a new low-cost carrier to be based near Tokyo, and which will begin operations in about a year.
The Japanese airline, commonly known as ANA, will hold a 67% stake in terms of voting rights in the joint venture, to be called AirAsia Japan ...
s100125 ( Date: 21-Jul-2011 16:24) Posted:
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Tiger ic confirm going now with SIA starting another budget carrier. Better take profit or cut loss now.
Tiger Airways.
In the final hour of trading yesterday, Tiger's share price jumped 14.5% from 4:02pm to 4:44pm, before sliding down to S$1.14 currently. Strong volume was witnessed, with around 50m shares were traded. There are unconfirmed talks that Institutional investors could also be accumulating the beaten down stock, but we maintain our cautious stance and reiterate our Trading Sell recommendation.
We could re-rate Tiger on i) Thai-Tiger's approval ii) oil price weakness and iii) signs of turnaround in Australia.
Target price set at S$0.71.
Crouching TIGER hidden dragon....
tiger is still bearish and somemore SIA going to operate its own budget airlines... spore is such a small market, how to feed 3 budget airlines (jet star, tiger, and upcoming budget airlines from SIA)?
I would say withing the short period, it is still selling and downtrend...
dumping/shorting are history liao for TigerAir
accumulating is the best way now for this share
Ha ha ,i shorted too at 1.11,20 lots. Covered at 1.10,just earned $45.10 for lunch. Me too got cold feet.
covered at 1.10 x10 !! got chicken feet liao! :P
forgot2bme ( Date: 21-Jul-2011 09:55) Posted:
lol... RELAX... go get a rubberband and secure yourself...
nickyng ( Date: 21-Jul-2011 09:39) Posted:
Oops!! 1.12 now..feeling the urge to pee into my pants now! :P
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lol... RELAX... go get a rubberband and secure yourself...
nickyng ( Date: 21-Jul-2011 09:39) Posted:
Oops!! 1.12 now..feeling the urge to pee into my pants now! :P
forgot2bme ( Date: 21-Jul-2011 09:31) Posted:
| GOOD LUCK BRO!! I think we will see some good fluctuations today for swing trades...
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Oops!! 1.12 now..feeling the urge to pee into my pants now! :P
forgot2bme ( Date: 21-Jul-2011 09:31) Posted:
GOOD LUCK BRO!! I think we will see some good fluctuations today for swing trades...
nickyng ( Date: 21-Jul-2011 09:27) Posted:
| shorted at 1.11 x 10 !! wish me LUCK ! :P |
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Sell while in profits, that's the golden rule...
GOOD LUCK BRO!! I think we will see some good fluctuations today for swing trades...
nickyng ( Date: 21-Jul-2011 09:27) Posted:
| shorted at 1.11 x 10 !! wish me LUCK ! :P |
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shorted at 1.11 x 10 !! wish me LUCK ! :P
