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HANKOREcontinuation wedge(bullish)target 6-7c soon
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cccx123
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18-Sep-2013 08:16
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Business Times correspondent still insists that punters are behind HK price movements.. | ||||
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myjourney
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18-Sep-2013 00:25
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This is interesting counter. Glad to see it is starting to chiong up !!! Still holding it and ride on bull... have confidence with Alan inside.. Huat Ah !!!   |
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Lucky03
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18-Sep-2013 00:01
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Probably time to change the subject title of this track  to '9-10c soon' ! :) About time for Hankore to release the next tranche of Medium Term Notes with DBS. | ||||
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Share7
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17-Sep-2013 23:01
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The way BBs are playing, even 7miles will not be a resistance for long. Looking forward to tomorrow's show.
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leeeta
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17-Sep-2013 22:51
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this tortoise now slowly turning into ninja turtle..cannot go slow liao..hahaha.
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leeeta
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17-Sep-2013 22:49
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The last 2 days a few big boys came in to accompany Alan. There will be more fireworks so sit tight, relax and enjoy the ride up to my 1st target. |
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Dreamy
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17-Sep-2013 22:46
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spathway, scroll down the thread and look for leeeta's post on 16 Sept )
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Share7
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17-Sep-2013 22:45
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I posted yesterday that HK, the tortoise stay at 6miles may be short once BBs re-rate HK. Now BBs, let's march to NAV and then charge up the hill at 8miles, 9miles and 10miles. HK tongers, huat ahh!!! HK's BBs cheong ahh!!
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Share7
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17-Sep-2013 22:33
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Aiya, who kena squeeze by who at what time, as long as HK goes up, I am happy and ask BB to squeeze harder tomorrow and the day after. Well as long as you r happy, do what you must. Make sure you make enough for each kankore day you endured holding from 3c+. Up, down, up, down, as long as the HK keeps going up, I am going to leave HK alone for awhile and just ride the bull, relax, drink my coffee and talk nonsense from time to time to cheer HK tongers. The reports showed that FY14 should be powderful, and FY15 will be even more powderful. Too much excitement, skali my heart cannot take excitement, got money also cannot enjoy. So relax and don't bother too much about the up, down, up, down. Learn true Buffet style. 
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spathway
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17-Sep-2013 22:18
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Hopefully the BB will ignore the NAV price level at 6.8 though.
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Lucky03
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17-Sep-2013 22:00
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Agree with cccx that this round, the traders who used to make money from taking advantage of the small spread of 0.1c-0.2c were totally caught off guard and scrumbled to cover back in the last few minutes. If it continued to rise tomorrow, more will be desperate and get illogical as they can't stomach the fear anymore. As said, Greed and Fear factors are very difficult to manage ... As long as we are satisfied with the level of exit, it is just fine. Timing at gap up of 0.7c and spread over 4 rounds will mean another 2c up or 9.7c. That's probably the peak for this year or at least till Nov 14 when they release the Q1 result and we can reassess and recalibrate. I'm just being moderated by my personal experience. Agree that this is not very aggressive strategy.
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Lucky03
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17-Sep-2013 21:52
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It is difficult to catch the top and selling into strength is a simple but effective strategy. Just releasing 10% with each gap up. I q at 6.7 since yesterday night and ignored all the pressure at 6.2c. Well, it hit at the last 5 mins. I'll hold about 50% and will still be very happy if it goes all the way up. If it drops for breather, I'll help to make my small contribution again to support HK :) Let others who buy from me to make profit too lah :)
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cccx123
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17-Sep-2013 21:39
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There was a notable difference in the way the price was pushed up today. The uptrend is there also partly because this new incarnation of a BB caught out lots of naked shorts at 6.2cents, as evident by the short sell data. While the previous operator was weak and allowed the price to fall because he refused to be left holding the bag of shares, this one had balls and decided to squeeze the shortists. That is why near the end of the period there were huge buy-ups. Millions of shares were probably distributed as well by this BB.
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Share7
Senior |
17-Sep-2013 21:30
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lucky, just started running and you talking of selling. When Mr Market is bullish, ride the bull. Mr Market is re-rating HK but the price is not revealed. I suspect all will be timed properly, like orchestra, to hit a top with an announcement. For BB to whack so large scale, in a concerted effort of more than one party, either another fund manager will appear or project is upcoming. Today is supposedly a bad day for pennies but HK just shoot. The buying is so so fierce.Ride the bull first, then quietly take profit. 
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Lucky03
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17-Sep-2013 21:26
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Looks like Nextinsight has turned on login. Can by pass by emply clicking Ok.
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/7390-hankore-yangzijiang-get-singled-out-in-respective-industries
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spathway
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17-Sep-2013 21:16
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281mio shares shorted, @6.23. IF this is true, tomorrow is  another high :) | ||||
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spathway
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17-Sep-2013 21:12
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Lucky, can share the KE reports? Thanks.
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Lucky03
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17-Sep-2013 19:25
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More than 1 lot lah :) Probably holding 50% for that !
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leeeta
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17-Sep-2013 18:57
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ha..sell along the way..at least keep 1 lot for your eventual target. At least you can say, I sold my HK at 1 lollar. hahaha.
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Dreamy
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17-Sep-2013 18:47
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thanks for info, bro :)
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