Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
Midas
|
|||||
iPunter
Supreme |
15-Aug-2011 14:34
|
||||
x 0
x 0 Alert Admin |
Sifu is right...     In a market downtrend, all stocks, regardless of superb         prospects and fundamentals, can drop like sheet in the                 course of time... On the other hand, in a super bull run,                     even the cats-and-dogs stocks surge like nobody's business...                 
|
||||
Useful To Me Not Useful To Me | |||||
xing78
Elite |
15-Aug-2011 14:34
|
||||
x 0
x 0 Alert Admin |
C& O not sold down, if the takeover bid doesn't goes thru, it probably will. :p 
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
Sgshares
Elite |
15-Aug-2011 14:30
|
||||
x 0
x 0 Alert Admin |
Which counters are not being sold down heavily during this period? Generally ALL | ||||
Useful To Me Not Useful To Me | |||||
xing78
Elite |
15-Aug-2011 14:28
|
||||
x 0
x 0 Alert Admin |
The earnings reported is good and the metro lines in China is expanding in a very fast pace.  I am still puzzled why this counter is sold down so heavily by BBs since the High Speed Rail accident as MIDAS does not have any biz in dealing with HSR.  Good Luck :p 
|
||||
Useful To Me Not Useful To Me | |||||
derekchong
Veteran |
15-Aug-2011 14:05
|
||||
x 0
x 0 Alert Admin |
look like something good coming. | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
iPunter
Supreme |
15-Aug-2011 13:47
|
||||
x 0
x 0 Alert Admin |
Your cheer must  be solid and Oooommphy!...     Like this... " Chiong Aaaaaaaaaaarrrrrrrhhhhh!!!" ...lol ...
|
||||
Useful To Me Not Useful To Me | |||||
xing78
Elite |
15-Aug-2011 13:40
|
||||
x 0
x 0 Alert Admin |
I cheering for 0.525 hopefully. :p 
|
||||
Useful To Me Not Useful To Me | |||||
EdwardLiu
Senior |
15-Aug-2011 13:33
|
||||
x 0
x 0 Alert Admin |
Yes. Resistance @0.42 crossed. Lets cheer all the up to gap @0.49
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
Sgshares
Elite |
15-Aug-2011 13:20
|
||||
x 0
x 0 Alert Admin |
cheong now | ||||
Useful To Me Not Useful To Me | |||||
Joe2020
Veteran |
15-Aug-2011 10:44
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
||||
x 0
x 0 Alert Admin |
|
||||
Useful To Me Not Useful To Me | |||||
EdwardLiu
Senior |
15-Aug-2011 10:35
|
||||
x 0
x 0 Alert Admin |
At least you still get the bones.
|
||||
Useful To Me Not Useful To Me | |||||
Joe2020
Veteran |
15-Aug-2011 10:33
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
||||
x 0
x 0 Alert Admin |
Why looking for the Liveth among the dead?   |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
Luostock
Senior |
15-Aug-2011 10:23
|
||||
x 0
x 0 Alert Admin |
SGX will not ban short selling : 1) To show Singapore is still very confident. 2) No shorting means less revenvue for SGX. When SGX ban shorting, it means stock crashes.
|
||||
Useful To Me Not Useful To Me | |||||
EdwardLiu
Senior |
15-Aug-2011 10:11
|
||||
x 0
x 0 Alert Admin |
Resistance at 0.42 very strong.  Market cautious.  Looks like difficult  to break today. Hope Dow futures keep green and  Europe open green green afternoon.   |
||||
Useful To Me Not Useful To Me | |||||
iPunter
Supreme |
15-Aug-2011 08:24
|
||||
x 0
x 0 Alert Admin |
For a stock that has dropped a lot from its highest peak,                 further drops results in bigger and bigger losses in terms                         of percentage loss, assuming one keeps the principal                                 amount constant by topping up the losses with                                       one's money. Averaging has the same effect as                                               such topping up, though usually manifold,                                                 as people tend to 'fight the market' aggressively....
|
||||
Useful To Me Not Useful To Me | |||||
JustinQuek
Veteran |
15-Aug-2011 02:24
|
||||
x 0
x 0 Alert Admin |
Just another 2 cents on my outlook for Midas.  Its the BB  that  moving up the price or down . When sell   Millions of shares at one go.Price will get hit de.Already so many countries  ban  short selling.Apparently now its the shortists at work here.Once they are done price is going to shoot back up.  Lets hope midas goes to 44 cents by tmr. Then it would have broken resistance   Midas will not go below 20 cents . Thats for sure. I am looking forward to 2012 where they get this 40 percent boost to their production probably much more profit growth. Looks good company.Anyway i got enough money to dollar average if it keeps dropping.  |
||||
Useful To Me Not Useful To Me | |||||
New123
Elite |
13-Aug-2011 21:57
|
||||
x 0
x 0 Alert Admin |
Always buy within your means. Also don't any how average down if the company does not has the quality of good mgmt,good business growth,good cash flow,making good profits,pays dividends every year,low PE, directors buying back shares etc. Penny stock longer term can generate better returns than blue chips if they have qualites of those I hv mentioned above.. Trade cautiously. Be responsible to yourself and also manage your financial well.At the end of the day is your own hard earn money.
|
||||
Useful To Me Not Useful To Me | |||||
iPunter
Supreme |
13-Aug-2011 20:45
|
||||
x 0
x 0 Alert Admin |
Averaging down is so commonly practised that it would be         unthinkable if less people do it. If one does not need                 money, averaging down is an exciting game. But                       those who can't stand the thought of making                             their losses bigger and bigger will never do it...
|
||||
Useful To Me Not Useful To Me | |||||
xing78
Elite |
13-Aug-2011 20:33
|
||||
x 0
x 0 Alert Admin |
There could be a paradigm shift for the next crash. Decoupling theory between the West and the East from the last crash in 2008 will re-surface again.  You will see for the first time ever that the number of millionaires in Asia Pacific exceeds Europe and possibly North America. Did " Botak" Ben says the FED is going to keep the interest rate low at near zero for the next couple of years?  How much lower does the USD need to drop against the Asian currency before China cash in on her Dollar reserves and stops lending money to US?     
|
||||
Useful To Me Not Useful To Me | |||||
New123
Elite |
13-Aug-2011 20:13
|
||||
x 0
x 0 Alert Admin |
Yes I am still holding on for long (bought some at 92.5 cents, 81 cents,67 cents and buying some more)as this counter has good business growth especially where China will be expanding aggressively to others states.. Current mishaps/accidents is a learning incident to raise their higher safety standard for operating trains. Believe this will past soon and you will see this counter shine... Current low price is a golden opportunity not to be missed..
|
||||
Useful To Me Not Useful To Me |