SPC   

SPC

Yah, AK you are right that there is no news for this burger to surge so much today especially the mkt was in red, very red! If tomorrow SPC still surge in the morning, you bet that I will get in....SHORT it down! hehehe! cheers!

AK_Francis      ( Date: 21-Aug-2008 17:45) Posted: ayoh, didn't find any good reason for this burger chiong in the am when CO is down n STI is also shedding. loong n waited until it surged over 13cts(highiest was 14cts up on 11 Aug), short one to test my deduction loh. also strange, couldn't find any good reason, esp CO is down, for SIA gradually declined since market opens. it surrendered 26 cts at lunch closed. no brake for this burger when market reopened. when it hovering  B1480 n S1482 amounting to 38 cts loss at 1500hrs, just couldn't belief it, long one at 14.82 for testing as well. Debrief: Paid school fee for SPC, n keep SIA. Got fun, worth the effort to track both burgers whole day. Got time to watch Olympics games as well.

 

ayoh, didn't find any good reason for this burger chiong in the am when CO is down n STI is also shedding. loong n waited until it surged over 13cts(highiest was 14cts up on 11 Aug), short one to test my deduction loh.

also strange, couldn't find any good reason, esp CO is down, for SIA gradually declined since market opens. it surrendered 26 cts at lunch closed. no brake for this burger when market reopened.

when it hovering  B1480 n S1482 amounting to 38 cts loss at 1500hrs, just couldn't belief it, long one at 14.82 for testing as well.

Debrief:

Paid school fee for SPC, n keep SIA. Got fun, worth the effort to track both burgers whole day. Got time to watch Olympics games as well.

 

moving up now. Chiong.

 

In a couple of months from now,analyst will say that low CO is good for the economy cos it is now cheaper to manufacture things and costs of living will not be so high.

Then SPC will start to move up again...LOL

 

But judging by the downward-gapping tendency of this stock, longs would obviously be disadvantaged.

Thus, don't feel 'bullish all over ' when the stock strengthens...

Because money is so easily lost when one has that tendency as a characteristic trait! ...

 

 

Not good to average down on this

 

CO now dropped $3.00. Will liulian drop on Monday? I think 5.20 which was last low last yr is around the corner.

Yes, CASH is KING now. I regret getting my feet wet on GOLD. I was still buying the inflation story last week. But bought small, so damage is not severe.

Today did see stock mkt. All eyes on ping pong!

 

168, tks for the blessing. generally in the volatile market Thu and Fri are the rubbish dumping day for Big Trucks, he he.

yah had some fun on SPC ds morning, 2 rounds of tech naked shorting the burger.

see can buyin in pm, players not around leh. now vol 670, only yesterday half of 1452.

no harm, if can't make it ds pm. just treat it as sold loh. now money is king mah, I think yesterday you said ones, tks for the advice ha ha. If that so, AK shall return when it bottoms up after Sep west atmosphere hurrican season, as some analysts said.

BTW, that lady didn't make it on the top capitalisation counter leh, report posted lately. ha ha now AK know why that gentleman passed the batton to another lady loh.

 

Low volume...I think the rise will not be sustainable! Trade with care

 

uncle, seems u r long on good divvy counters n hvg fun doing some intrday trading.......how abt going long [abt 6 to 9 mths] on some spc.

AK_Francis      ( Date: 13-Aug-2008 12:26) Posted: ha ha correct, nowadays really don't hope for high CO high SPC liao. Looking at SIA, CO down, it also down, should go up mah. Nonetheless, still holding few, will be collecting the 80 cts div ds Fri. SPC recovering, seeing kopi $ liao. lung a big till pm.

 

yah, market chiat lat, watching women weight lifting. china woman, power. 

 

In this kind of mkt, no point cry father cry mother....hold CASH is the best. Cheer!

 

Next support at $5.40.

 

Actually the drop started from last Monday. Something is not right in the erratic sell-off.

Its has been down about $1.00 already. Overall the bulk selling downs are still more than the buy ups transactions. Let the selling cool down first then decide what to do next.

Take note not to be fooled by the fake queues & buy ups.

 

Yes, Refining Margin (RM) is the ultimate factors for the fall and rise of SPC share price. If I am not wrong, today's drop must be report relating to RM. Trade cautiously!

 

ha ha correct, nowadays really don't hope for high CO high SPC liao.

Looking at SIA, CO down, it also down, should go up mah.

Nonetheless, still holding few, will be collecting the 80 cts div ds Fri.

SPC recovering, seeing kopi $ liao. lung a big till pm.

 

Fighting back now....

 

stop thinking that high oil price will benefit SPC..its in the refining biz..(majority) ... minority in exploration..

did u read the 2Q earnings?.. revenue was up but PROFIT only up marginally!

 

ha ha cheapest lewlian 5.19 in Jan ds yr. it falls 66cts within 2 days, after XD, really lelong loh.

kena pock by durian thorns liao, even with the div payout, in short term trading.

Join commando again, buy back few near lowest price to test the market, he he.

as for long term, no pt to cut loss at d current price. AK gut feeling is that it is mainly market driven issue. As it clocked record high of 9.05 last Oct when STI was at record high of STI at 3875.11 on 11 Oct 07 but CO price just USD 85