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Contel Corp
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clickshop1628
Veteran |
26-Mar-2013 19:02
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Are we looking at the same Contel chart? I see it comfortably above both 20 & 50dma (simple or exponential), bullish sign. Today's candle has a long tail, meaning lots of buyers below 8.4cts Also no contra and forced selling pressure till next week because those who bought before yesterday would have gotten out already with sweet profits. High volume T+5 only next Tues but if tomorrow firm up, no issues at all.
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Vafirish
Member |
26-Mar-2013 18:59
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I was hoping to just contra.....cos bought last week at 7cents...... but you all make it sound bullish la. Hmm .... then i guess I will pay and hold instead. vested.  |
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terencee
Master |
26-Mar-2013 16:54
Yells: "I don't entertain trolls." |
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bullish crossover earlier before 4pm but now trading below between 20 and 50ma. Looks like consolidation to me. BB not letting it break 88. Looks like someone wants to collect more at cheap prices before next week.    T+5 just nice falls on Thursday. That means those contra players must exit. Prices might be supressed and shake off retailers before it can run higher next week. Hold on tightly and accumulate once it hits 80 range. Actually any price below 88 is a good price to accumulate. It all depends on whether you all feel comfortable seeing red for a few days. My target buy in price is still 80-82.  |
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terencee
Master |
26-Mar-2013 16:13
Yells: "I don't entertain trolls." |
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If you dont make money, dont bother, Try to queue sell at 89 or 90 if your profits can cover your comms. Tml try to queue lower.  then again, if tml BB decide to be bullish, you won't be able to get back in. Kinda risky also cos RTO is near 
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Bopanha
Master |
26-Mar-2013 15:54
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If you make money selling, ok lah.  
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stockbabe
Senior |
26-Mar-2013 15:32
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SJ seniors, I am vested at 0.088, wonder if I should sell it first and wait for opportunites to grab at lower price, maybe tmr or thurs?  | ||||
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terencee
Master |
26-Mar-2013 15:12
Yells: "I don't entertain trolls." |
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contel should have a small breakout soon. For hit and runs only.  | ||||
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Bopanha
Master |
26-Mar-2013 14:07
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Today the profit taking and corrections for top volume counters present the best opportunity to buy Contel at a low of the heat.   When the RTO is concluded, it should move above 10 cents to 20 cents depending on best scenarios. Following Yuuzoo's gaining of control, we shall be on the way to enjoy the real harvest as the company has so much to offer in terms of business and connections. That is if one remains vested.   Cheers.
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clickshop1628
Veteran |
26-Mar-2013 13:54
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84/85 great entry level. RTO is < 3 weeks away. Surely some play coming. Was trading just now and notice Kim Eng buying again. The last time they bought a lot and the price ran up in Feb. I expect a big run from April 1, no fooling around :)   |
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terencee
Master |
26-Mar-2013 12:36
Yells: "I don't entertain trolls." |
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Plan your entry. Think buying can wait a little longer. cos if 80 is broken, next support we might be looking at is 76/74. But I suspect today will trade in 80-85 range. Closing green today will be a consolation.    With the RTO story still alive and heading towards Apr 15, things can't get any lower already.   Tml might be another selling day before people start to buy back on Thursday. If we're lucky, tml we will see a moment of cheaper price before it runs up and gone forever.  
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Bopanha
Master |
26-Mar-2013 12:13
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Don't forget the important thing: buy on weakness..the best opportunity for those who still wants to feel comfortable with the RTO.   For me, I will continue buying within what I can afford to pay up. | ||||
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terencee
Master |
26-Mar-2013 11:58
Yells: "I don't entertain trolls." |
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as expected. Drop after sell down. Looks like 0.08 can support for today. We will see tomorrow cos the price might be worse than today. thursday might be buying back by retailers.  | ||||
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terencee
Master |
26-Mar-2013 10:56
Yells: "I don't entertain trolls." |
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cant tell.. Should wait till today 2nd half of trading and tml's. Then you will know which level is accumulating.
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clickshop1628
Veteran |
26-Mar-2013 10:20
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Accumulation going on right now at 9cts. Could be very big move next week onwards. Huat ah :) | ||||
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Bopanha
Master |
26-Mar-2013 10:04
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Today likely can see the first level, lol..
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terencee
Master |
26-Mar-2013 09:53
Yells: "I don't entertain trolls." |
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I'm waiting for it to go around 86/87 so i can load a bit more. Haha.. Its quite a good support over there. Pennies should be all going down soon cos of long weekend. Good time to accumulate then.. Good luck all.
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ykinvestor
Member |
26-Mar-2013 09:50
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Next level 0.101 and      0.131 ? | ||||
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Bopanha
Master |
25-Mar-2013 15:25
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How's your position? Made alot of money, right?
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yummysukiyaki
Senior |
25-Mar-2013 14:35
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Sweet dreams to all....Oolalala | ||||
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Bopanha
Master |
25-Mar-2013 13:46
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I agree with your investment concept and like to say you have really made a good investment. My reading is that when the RTO is complete, 20 cents will be at least the minimum for Contel. Then eventually higher prices are very likely for shareholders' benefits.   This is because every private company wishing to become publicly listed will have the ultimate aim to merge their two companies together for bigger things. Huat for those vested.
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