
Simplicity is the key...
Do not bother with all the arcane formulae which you mentioned...
Just 'follow' the simplest price chart (which is TA!), and make your deductions, in the context of the overall market...

will wait for .045 then go in
Ya...
But the chart is showing nothing..
Bollinger band is tightening...
MACD is almost striaght..
Accumulation is also flat..
OBV is also flat..
Stochastic is reaching oversold region..
ADX not showing much trend strength..
But fundamentals appears SOLID..
Mid term play is feasible??
Abt 2 to 3 yrs..
iPunter ( Date: 07-Aug-2009 11:22) Posted:
|
This one better to play. Wait until it explode...n goes up.............bu how wang liao. So now just be patience.
Cheers.
TuaPekGong9413 ( Date: 07-Aug-2009 11:20) Posted:
|
Contrary to popular belief, to play the pennies well, one has to be pain-staking in studying the technical picture (charts)...

me also looking at this counter...price kinda attractive to go in...but company like kinda secretive leh...
I have just became an ABTERRA FAN...
Vested 50 lots @ 0.055 only... cos no money..
Any ideas when is their results gonna be released?
Coal price index been going up....
vested 200 lot at 0.055
This baby been surrounded by good news, let wait for the fruit to ripe and we can enjoy it ^^
Today add some more. Previous get at 0.06. Today queue n get at 0.055.
Hope this baby don't disappoint me. Cheers.
Anyone been to their suntec office ?
Abterra will definitely double its current price easily within 6-12 months time frame. Vested at 0.055
Incredible...You have this counter since 2 cents......happy for you.
lawcheemeng ( Date: 04-Aug-2009 20:39) Posted:
|
i don't think so lah. Bc if not wrong, previous news seems to have mentioned that their production on coal increases compare to last year.
Zelphon ( Date: 04-Aug-2009 21:58) Posted:
|
Straits Asia just posted profit drop...
Abterra profit may drop..?
agree with you too. the only way to win is buy n keep long long if think this counter got goood prospect. too many share in the market place, for price to move take time. got power to hold than time is on you side.cheer. once positive report for next 2 qtr than this counter will be on a different level of play. just my 2cts tot.
senecus ( Date: 04-Aug-2009 20:11) Posted:
|
Patience......
Sometimes this kind of queueing is unfair to the small players mainly the retail investors because the queque could be a bluff and withdrawable anytime. SGX should be fair to the investing public and make this large queue non withdrawable when it exceed say 100,000 shares of any counter. This way the play will be real and no hanky panky occuring. People must make an effort to tell SGX about some silly things they might be doing.
looking at the sell Q at .06cts of a constant 30 over million . it gives me a feeling is to deter seller to Q at .06cts.(by BB or syd) so they can collect more below that price.
This stock can collect if you can hold for at least 6 months to one year. A longer period to hold is required because I feel the management has no time to play the stock as they are concentrating on the business which is starting to make good money for the company.The current levelling could be due to some people who either collected when it was 3 to 4 cents ot they have got free shares from inheritance from their parents or grand uncles that is why no need to wait for higher price to sell yet still can have/make money. My nephew said so.
vested @ 0.065 , but market seem to go down....
hi, any members know when will the Q2 results be announced? vested @ 0.06 ytd..