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Mrbat$$$
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11-Jun-2013 07:54
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Cna got news going to huat today | ||||
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nqing87
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11-Jun-2013 00:13
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hi bro, i disagree with u regarding swiber.. in short term maybe there will be downside, but it is still fundamentally sound & the rise is not over-exaggerated compare to isdn & cordlife.. isdn & cordlife went way ahead of their fundamentals, & rise even much more than swiber.. also about dukang that u had post earlier, i doubt it will drop that much as i believe most are holders & not speculators, 'cos its price is still justified from it's profits.. i wish dukang will drop though, so that i can pick durians.. i miss the boat when u make a technical call when it was at 30+.. didnt realise that time its profits are decent to justify its rise..
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Stockcham
Elite |
10-Jun-2013 23:06
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Bro novice, it is risky to still hold pennies. The chance of dropping is higher than going up. The 2 counters that you are still holding are risky one because CNA - This counter have some good news. That's why last 2 days managed to hold there just drop a bit. But today's overall market sentiment  have force it ti break support at the last minute. The counter rise up from quite a cheap price and it  has not really corrected yet. Swiber - I think this counter is even riskier than CNA. It went up quite a lot and today only drop 3 cts today. Be careful bro! Huat ah!
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Stockcham
Elite |
10-Jun-2013 22:57
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Bro jie1313, have you ever thought of to sell first and buy back at a cheaper price rather than seeing the price go lower each day?. You may buy more lots after that. When it moves up again, your target price will be lower. CNA next minor support is at 0.153 which can break easily. if it break this, it may drop more pips. Let's see if tomorrow will rebound.
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Mrbat$$$
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10-Jun-2013 22:57
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Tks stockcham,
I will not sell or buy just hold
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novice_trader
Elite |
10-Jun-2013 22:57
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Hi bros, any bros still holding onto penny stocks, think it will be a tough and roller coaster ride. Either we cut lost or we buy and hold, but penny stock is not advisable to hold long bcoz we nv know what will the value be in months time. So either we nite the bullet or we just ride the storm. I will monitor CNA and Swiber tomorrow, left this two. Any trades will be day trades in future... Safer this way. Thanks guys and hope everybody is doing fine at the moment. | ||||
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Stockcham
Elite |
10-Jun-2013 22:50
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Bro Mrbat$$$, pennies already un correction mode lah. Pennies have sropped for a few days liao including today. Quite a number of counters already show 2-3 red candles and been breaking support. I would put it this way. Last few days and today's drop for pennies are contributed by BBs and Shortists. It is the retailers that are buying. If there isn't many retailers, it would have drop even more. That's why so many of us loss money. You can see that there are big sell and buy queue appearing and disappearing. These are from BBs who are shorting the counters. Besides that, we cannot gauge by the number of pips it drop. Should calculate in terms of percentage term. The price won't drop all the way. It will rebound a bit and drop again just like how it rise. If I have CFD just like Bro iluvboost, I would have continue to short stocks like Halcyon, ISDN, Cordlife, Sinarmas etc  even at today's price. Bros, these coming days are not a good time to buy. Be carefu if you want to buy during rebound. If rebound and you buy, must sell quickly if got profit because the next day may drop again.
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tanglinboy
Elite |
10-Jun-2013 22:30
Yells: "hello!" |
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Dow flat | ||||
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iluvboost
Master |
10-Jun-2013 22:16
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U think BB will push up Cordlife from 84 now to 120 again? or sinarmas from 675 to 820? They are playing the shorting game already 
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iluvboost
Master |
10-Jun-2013 22:14
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Agree. the worst is yet to come. just look at the blue chips, esp Telco last 2 wks correction. pennys will be worse off.  if u analyse the volume time and sales, the BB already started distribution last wk, and started selldown and shorting.   the pennys will correct to the levels before they breakout ..  
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beemerc
Member |
10-Jun-2013 22:06
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Anyone still holding to YHM? It is down 2 bids today too | ||||
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jie1313
Member |
10-Jun-2013 21:54
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I am holding on to CNA too and giving it a year. How can this counter not at least be 20c when it has established customers.. and whats more, its not resting on its laurels and clinching new deals regularly, for now albeit..
Seems like a bruise monday for most.. tml will be better day!!
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h0ly0wl
Senior |
10-Jun-2013 21:51
Yells: "Huat Big Big!" |
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dont be naive, you think BBs will only spend one day to crash the counter? Just look at sinarmas, this ciunter has been crashing since last thurs.
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iluvboost
Master |
10-Jun-2013 21:45
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Wrong, its sold down by institutions and big boys. many bids down for alot of counters.  if retailer sells, it will consolidate slowly, and move slightly.  
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gavinl
Elite |
10-Jun-2013 21:44
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Lol. Like halcyon today?
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gavinl
Elite |
10-Jun-2013 21:43
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Mrbat$$$
Member |
10-Jun-2013 21:35
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Today penny drop is mostly sell by retail, u think if BB sell u the price will still be only 5-8 bid down ? It will be hammer 10-20 bid down | ||||
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Mrbat$$$
Member |
10-Jun-2013 21:28
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Stockcham,
I dun see penny in correction mode but i do see stock like isdn cordlife, been corrected due to raise too high as for penny like cna, contel, we, lorenzo, price is support as of today. I have yet to cut on cna,contel,lorenzo, tee int, as i believe it will still cheong and i am prepare to hold until next year.
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Stockcham
Elite |
10-Jun-2013 21:10
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Pennies correction now. Even got news don't know how long it can tahan before it drops again. Even if tomorrow rebound, it may be short live. Hard to play now. Shorting got higher chance. Those counters chiong a lot will be affected most. Will check the pennies chart first n see how. Good luck bros! | ||||
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novice_trader
Elite |
10-Jun-2013 18:46
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Yes bro... Sold half average at 0.160... How? I'm bored. Lost $5k total from last week until now.
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