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China Sport
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sandmark
Member |
06-Jul-2009 09:47
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Correct! Richtan...u dont have to bother to response...this ll only please them...continue your good work!
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Bintang
Elite |
06-Jul-2009 09:36
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Forgotten counter | |||||
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pilotfish
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05-Jul-2009 23:50
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Hi richtan, Saw your posting, I personally feel you should just ignore those people don’t bother to respond or reply and continue to help newbies especially with your candle stick analysis. Thanks for your info regarding the outlook for Sport. Your comment: “to wait for confirmation if it is a potential "morning doji star" to avoid fakes.” I review my earlier posting: I have signal a positive divergence is appearing for Sport, please don’t interpret that the price will shoot up instantly. In my chart “sign of double bottom appearing” is appearing not already formed but is expected. |
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richtan
Supreme |
05-Jul-2009 17:17
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Hi Forumers, After much consideration and painful decisions and thought of only quit posting when there are too many forumers doing misleading post and forumers rebuting for the sake of rebuting, I had finally made the decision to stay out of posting and join the ranks of Cheong Wee and remain a passive reader, too energy-zapping and time-wasting, much as is my passion to help newbies but I find a lacking of support from the rest of the forumers except for the handful of forumers who are willing to stand out to lend me their support and rebut, the majority are just passive readers. I will resume my sharing, advice and TA posting only when admin removes people like newtothis n anfield_76 as it defeats my effort of posting and sharing with all this irritant in my eyes. My last advice to all newbies is to click my nickname and read all my advice and sharing and not fall prey to all those deceptive ploys, one-liners, BBs, emotional postings, wild calls telling u tat "it will hit xxx price by today" even b4 the mkt close as if they dominate and control the mkt like Lord Buddha control Monkey God under his 5 mountains. Bye for now and hopes to return later when the environment here is more conducive and less of all this undesirable noises and deceptive ploys like BBs and those emotional postings. |
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richtan
Supreme |
05-Jul-2009 14:38
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Copied from the other thread "The Truth n real potential of China Sport"
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richtan
Supreme |
05-Jul-2009 14:35
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Just my sharing with all forumers, particularly to newbies. Read today's Sunday Times,"Invest, pg 23", I quote in red: "Watch Out for Scammers" Point no. 3: 3. Pump and Dump scams. These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump"). The victims lose their investments as the stock price falls. Such scams usually target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source. My comments: (1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd. (2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns. |
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pilotfish
Senior |
04-Jul-2009 23:32
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Hi el7888 Hi Bintang
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Bintang
Elite |
04-Jul-2009 23:23
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Thanks for your advice , all must be alert and trade carefully , set stop loss and watch closely .
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dealer0168
Elite |
04-Jul-2009 23:15
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But Bintang, emm just a few words of caution on Ezion this counter. N that Ezion is also an oil & gas offshore support vessel (OSV) sector counter. Have to watch closely if vest in this one during this period. |
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tea444u
Master |
04-Jul-2009 23:07
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Hi Bintang..... Ezion was a counter I ws looking at at about 55 cents...but did nto know much ..now you have highlighted it...I would certainly be lookin at it...thanks Bintang.
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Bintang
Elite |
04-Jul-2009 22:38
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As the closing candle on Friday , may be I made a mistake calling it a ' morming star ' , that was a little bit too optimistic , but in actual fact , we must name this candle after seeing another following candle . If there would be a black candle that gaps lower on the next session , it is called a COLLAPSING DOJI STAR .Therefore I am still bearish on China Sports .
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newtothis
Veteran |
04-Jul-2009 20:15
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Why China Sport is way better than Hongx. Total Shares for China Sport: 673,700,000 Current Price: $0.150 profit for Q1: RMB $49,644,000 Dividend = Yes Ads Campaign = 飛輪海 - so bloody popular. Export Market = Yes (europe, south america.. etc) OEM = Fila, Puma ------------------------------------------------------------------------------------ Total Shares for China Hongx: 2,751,960,000 profit for Q1: RMB $56,036,000 Current Price:0.170 Dividend = No Ads Campaign = North Korea Team - condemn by international. OEM = No Export = limited to asia. ------------------------------------------------------------------------------------ You look at china hongx 0.17 price is really low because of the huge amount of shares it has. Look at China Sports 4X less share than China Hongx and its share price is 0.14. It really should be at least $0.30-$0.56 given its earning and the small amount of shares. However people tends to think and see things on the shallow side of the story. They blindly look follow whats on the FR and didnt analyse properly. As long as the figures look huge and stay positive they are good. Does it really look that good when China Hongx made like 20 millions shoes a year where china sports made 5 million shoes could earn around the same profit. Go do your home work and you will understand why China Sports Way better than China Hongx and it will rock up very high. China Sports will be one of the major star among the China Stocks. The truth is following TA you are always at least one step behind the BB. Because you always waiting for the confirm entry point. BB is happy that your a late comer :) Anyway for those who Vest China Sports <HUAT ah> See the Sports climbing to $0.24-0.35 for Q3 from my latest info. |
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newtothis
Veteran |
04-Jul-2009 19:36
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It is a "Doji Morning Star". |
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el7888
Veteran |
04-Jul-2009 17:25
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Yes, China Sports closed with Doji but not a morning star yet. It will depend on Monday performce if the candlestick turn white. There are examples (see blue circles) that the Doji turned downward rather than a morning star. Tentative buying signals appeared in both Wm% and Bollinger Band. 
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Bintang
Elite |
04-Jul-2009 17:00
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China Sports closed with a morning star , but the longer term GMMA are stopping it to go up further , if u could get 16 cents , that will be good enough , but if it falls below 14 cents , then it will to go down some more . We can consalt Richtan who is more professional in TA on this counter . | |||||
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pilotfish
Senior |
04-Jul-2009 16:48
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Hi Bintang
Thanks for the info for Ezion may take a look but I mean the outlook for Sport not Ezion. :)
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Bintang
Elite |
04-Jul-2009 16:18
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Hi pilotfish , Ezion is almost confirmed the trend is up again because of breaking out of a flagpole formation ,the only resistant is at 69.5 cents which was created recently . I gave the target of 80 cents consevatively , in fact it would go higher . In TA , flagpole formation appears at the halfway point of an up or down move , therefore we can expect price to move about tha same distance after the breakout from the formation .
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pilotfish
Senior |
04-Jul-2009 15:24
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ya richtan miss u out. pls post your outlook for this counter too. Eager to learn from u.
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pilotfish
Senior |
04-Jul-2009 15:07
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Hi Bintang What is your outlook for this counter so far? Will be posting mine soon. Hi richtan Too much smiley in your post. Please reduce to 1, see untill my eyes popping. thanks
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Bintang
Elite |
04-Jul-2009 14:47
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Hi, tea444u , are u interested in EZION , I just looked at it n found that it could go to 80 cents if can clear 69.5 cents based on TA . | |||||
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