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Fellowship of the Shares
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lausk22
Veteran |
25-May-2007 23:24
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well most people are kiasu. some can even die of heart attack. |
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chinkiasu
Master |
25-May-2007 23:18
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how so madam Sporegal..? I thot you always the cool one with respect to stocks play.... is it the possibility that you might key in wrongly too? |
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singaporegal
Supreme |
25-May-2007 21:39
Yells: "Female TA nut" |
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That DBS fiasco caused my heart to jump a little today.... |
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shijiez
Member |
25-May-2007 17:23
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thanx RT and CKS....nah..cannot come online de..bringing a study grp to shanghai for economics journey...so have to be 24 hr nanny.lol still..u guys take care....i'll be back in a week!! lol.have fun and luck in ur tradins!! RT!! study hard for your paper ok! jia you! |
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chinkiasu
Master |
25-May-2007 15:58
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have a good trip, shijeiz... but of coz, you are only an internet link away..... |
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rogue_trader
Master |
25-May-2007 15:10
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shijiez, bon voyage... |
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shijiez
Member |
25-May-2007 15:08
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woah...damn busy day for me..hmm..this dbs thingie is quite interesting..lol..so geo..u mean they reverse it already? good for the poor soul then...if not he/she wunt be able to sleep for weeks =p sigh...last trading day for me..gotta hop on the plane to shanghai for 1 week tmw...u guys take care man...hopefully can earn alot of money in the week i'm gone!! Cheerios~ |
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rogue_trader
Master |
25-May-2007 14:50
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nabei geojam, u love to see actions-packed movies auh?? honest mistake shld give chance 1.. or you owned electrical company dealing in fans?? and hor, how ur bank account in deficit is really a big question mark, niama snooker... |
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geojam
Member |
25-May-2007 14:48
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anticlimax--the transaction is reversed for honest mistake. |
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j3r0m3
Veteran |
25-May-2007 14:05
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normally, not many buy BT on Saturday one, now BT sure sell like hot cakes tomorrow. |
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rogue_trader
Master |
25-May-2007 13:24
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chinkiasu, care to share what is your occupation? actually i felt that the fees not very expensive la, it the brokerage charges that can come up to tens n hundreds of dollars.. that y recently they coming up new things like "perfomance monitoring of companies", reviewing the bid prices and so on.. they got "zho kang" la.. system error also cannot blame la, if they decided to upgrade all the systems and passed on the costs to us then we mati.. no $$ to trade liao.. |
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rogue_trader
Master |
25-May-2007 13:17
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eastonbay, dun understand ur message.. what u means by "so many 40+ didn't even made $20.)?? paiseh auh...stupid ques.. |
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chinkiasu
Master |
25-May-2007 13:16
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a slightly different version of your scenario actually happened in the last NYSE correction.. that following the Shanghai drop in Feb is the real cause of the world wide correction then.... but my view is SGX is collecting so much fees from us for using their system.. they must bear some responsibility... not always shirking it to us poor traders.... we have no choice.. if we want to trade in Singapore |
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rogue_trader
Master |
25-May-2007 13:13
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if i remembered nt wrongly, few years back there was a period that there was "frequent mis-pricing" on the warrants.. i think it on hyflux, then some other companies... 70cents traded at 12cents i think... and sgx didn't reverse the trades... |
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rogue_trader
Master |
25-May-2007 13:09
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chinkiasu, i think i watched too many movies liao la... imagine this scenario with one as a broker- broker get "personal clients" to "stand by" at 10 cents for a counter that is trading at $30... then error trade, "making the scene" like a shot position.. investors panic and dump all their shares n only realised that the pricing "rebound" to the pre $30.. "personal clients and maybe broker" earns on "shot" n "long" depending on the volumes traded.. nt very sure hw the sgx system works... nt sure hw the penalty is going to be work out.. |
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harryp
Veteran |
25-May-2007 13:00
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It happened to me just 2 - 3 days ago on PEOMS. I intended to enter Tai Sin at 0.510 but wrongly keyed in 0.519. It was rejected immediately but it did scared the crap out of me for a few seconds after I clicked the submit button... :) |
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rogue_trader
Master |
25-May-2007 12:58
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yup, heard rumours that dmg was the ones... considering some of the big shot relatives working in dmg, i nt surprised if the "seller" got the comfortably means to pay up if sgx doesn't want to reverse the trade... the loss is like "nothing" to those "big boys"...machiam peanuts sia... |
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l_tan888
Senior |
25-May-2007 12:51
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Heard that the magnanimous 27c DBS seller is from DMG. |
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chinkiasu
Master |
25-May-2007 12:49
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I think one should not be so severely punished for a typo error? it is only human to err.. I think in this case SGX should take responsibility too for it is their system that allowed such mistakes to happen ? they cannot shirk and shift the penalty to the seller? whom we all can clearly see that it is an honest mistake... |
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chinkiasu
Master |
25-May-2007 12:34
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great observation eastonbay... when it reaches 8888 we must celebrate.... |
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