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novice_trader
Elite |
19-Jun-2013 00:22
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Bros, is this good news for innopac?
UPDATE ON THE PROPOSED TAKEOVER BID FOR UP TO 212,147,063 ORDINARY FULLY PAID SHARES REPRESENTING THE ENTIRE ISSUED AND PAID UP CAPITAL OF MERLIN DIAMONDS LIMITED (THE “PROPOSED TAKEOVER”) CHANGE IN ACCEPTANCE PERCENTAGE AND SUBSTANTIAL INTEREST IN THE ISSUED AND PAID UP CAPITAL OF MERLIN DIAMONDS LIMITED
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Stockcham
Elite |
19-Jun-2013 00:14
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Sis winterQQ, did you buy Innopac the other day?. The chart is not clear on the direction. It can move either direction.
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Stockcham
Elite |
19-Jun-2013 00:05
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I've learn something from this selldown. For those bros who knows how to see chaart, you may want to take a look at the Catalist Index chart. It moves up and nearly hit the resistance before it started to crash down. I didn't look at Index chart the last time. If I have seen this, I would have sold all my counters and rest for a week. You can see that  the catalist index  rebounded after touching the support. That's why chart do helps. It must stay above the support now. If it turnaround again and go below the support, then we are going through a longer correction. I think we are not in for that yet. Share with you bros one thing. if a support is broken(meaning that it close below the support), it MUST go back above the support the next day or else the price is likely to drop further in the coming days. |
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Stockcham
Elite |
18-Jun-2013 23:57
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Bro, there is a minor resistance at 113. Should be able to break easily if chiong. Next resistance at about 122. If it can cross 113 with strong buying(BBs around), then will wait for it to sell at 122. For those bros who bought Lorenzo, support at 113 and resistance at 122 also.
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71tltan
Senior |
18-Jun-2013 23:45
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Bro stockcham wat u tg price for global yellow pgs que 108 can't get see 2morrow morning can get or not | ||||
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novice_trader
Elite |
18-Jun-2013 23:39
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Hi fellow bros, so which counters have bottom and vet to bounce up???
CNA is my pick, any others guys? But will there be good news on Thursday? After the Fed meeting? |
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Stockcham
Elite |
18-Jun-2013 23:32
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Good lah! At least make some money to cover my previous losses. Now the issue is whether it can continue to chiong up  after halt lifted. I think you are Mr ISDN. You find that you  like ISDN a lot. You short and long ISDN very often...Lol! Huat ah!
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Stockcham
Elite |
18-Jun-2013 23:20
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Bro, you are absolutely right. Blumont can still makes money. But this Skyone.....it is a game over counter. I bought this when it was below 0.20. That time diam diam chiong. Now cannot move much. Buy to keep maybe can make some money. But if play contra, it's real hard.
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expertinvestor
Senior |
18-Jun-2013 23:19
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Haha! It's good news...
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Stockcham
Elite |
18-Jun-2013 23:16
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Bro, I don't have kang tao lah. The pennies haven't really recover yet. Will need to see many pennies chiong to confirm. Many counters kena trash since last week. To make good money, it is better to buy counters that can chiong many pips and started to build a base.  For the benefit of the bros  here, a base is like a flat ground  shown on the chart. Meaning that the counter is trading in a tight range with good support  at certain price. take for instance CNA. The  price is supported at 0.152-0.153 for 6 sessions. Therefore, it is not easy to drop below this. There is also resistance at 0.157-0.158.  It is  not so good to buy counters like Halcyon, Cocmosteel, Dukang etc at the moment because the chart still show downward movement without a base.  Of course, that doesn't mean that these counters cannot go up.  It's just that buying counters that have built a base will reduce some risk because the downward pips is minimum.   Can watch out for Ntegrator. I can see accumulation today. Although today close with a black candle, but the it starting to show an upward movement. Frankly, I don't like to play this counter because nowadays it doesn't move many pips like last time. Its movement also somewhat related to WE. But since I see that there is some good points mentioned above, I bought some hopefully to make some kopi money.  
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Dumbtrader
Member |
18-Jun-2013 22:23
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Thks bro for the warning & you are probably right. Will be careful.
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joseeng
Master |
18-Jun-2013 22:17
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Bro dumbtrader, just my 2c worth, blumont and skyone are tightly controlled (to an extent I think is already cornered). So be extra careful trading them.
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novice_trader
Elite |
18-Jun-2013 21:56
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Waw miss out today's action... Queue Healthway buy @ 0.079 didn't get, queue Polaris @ 0.023 also didn't get, last one Oceanus.. Only manage to slip in Thai Bev... Sianz... Tml think CNA will dance. Any bros into Kreuz? | ||||
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risktaker
Supreme |
18-Jun-2013 21:48
Yells: "Sometimes you think you know, but in fact you dont" |
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Then give me some kangtao..... :) share share leh.... simi can buy ....
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Dumbtrader
Member |
18-Jun-2013 21:40
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Bro stockcham, actually I bought into Lorenzo & gbl YT after seeing your post ard 4pm+. Haha. This thread is addictive. Haha
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Dumbtrader
Member |
18-Jun-2013 21:39
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Use to trade based on my own opinion. At least now hv a group to share idea and comment. I plan to list down my buy/sell price so I can improve. I just realize I may hv bought too many counters today. Should hv just limit myself to just 5 counters at any point. Probably excited after reading the posts here. Lol
CNA: B 0.154 Lorenzo: B 0.118 Gbl YP: B 0.108 Skyone: B 0.425 Cordlife: B 0.875 Blumont: B 1.105 Genting HK: B 0.485. |
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Stockcham
Elite |
18-Jun-2013 21:37
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Bro iluvboost, I'm not a " Zhong" eh here lah! If I am, I wouldn't have kena left right centre from the BBs(Big Bullies)  last week. Lol...... How are doing man last week?. Got kena jialat or not?. Hopefully you didn't. Let's hope tomorrow market will be good again. Huat ah!
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Stockcham
Elite |
18-Jun-2013 21:33
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Wah Bro Dumbtrader, you really eh sai ah! Buy 7 counters you said a few counters ah! Some more mostly speculative counters. 7 counters to me are consider many counters. Lol! Blue Chips have made some recovery. it's time for Pennies. Can see that the pennies are more stable now accept for those counters that doesn't drop much during the trashing time a week ago. You have guts! You sure huat huat!
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iluvboost
Master |
18-Jun-2013 21:26
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now 3 star hotel le, i just added 1 star  
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Stockcham
Elite |
18-Jun-2013 21:20
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Bro ristaker, you are already a member of this club and that's why you are here.  Lol ! Just like hotel,  pls take note that...this is a 2-star club, not a 5-star club. Eh Sai boh?. Lol !
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