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BIO-TREAT TECHNOLOGY LIMITED
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knightrider
Elite |
27-Sep-2006 10:53
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Hi, Now just decline below 0.7c ! take care ! |
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knightrider
Elite |
27-Sep-2006 10:39
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Hi, I totally agreed. It is courage and guts to cut loss and not look back ! I also learn a heavy lesson when coward to cut loss and then later regret ! Be careful and do your calculation wise. Take care ! |
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chipchip66
Master |
27-Sep-2006 10:35
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Hi wonderwhy, how many lots you got? maybe you can let go half ??Cutting loss very painful but sometimes must make a bold decision. |
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wonderwhy
Member |
27-Sep-2006 10:21
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what would be the next support level ? it has moving at this range in this few days. I am entered at .77. thinking of cut loss. |
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chipchip66
Master |
26-Sep-2006 18:13
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resistance level broken! will trend lower in the near term! |
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chipchip66
Master |
26-Sep-2006 13:46
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ha! ha! well said kitty, for past weeks BioT is under accumulation so today to see it drop2 cents with no news, I think the poor kena bully and have to sell out to them. Then the poor go and buy penny stocks to play but they don't realise it may be too late as these penny stocks can only go up half to one cent. Unless they got news that very rich bully is interested to buy or going to ramp up the counter, it is very unlikely that they will be able to make kopi $$$. |
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hikitty
Master |
26-Sep-2006 12:04
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When both the price and volume become painstakingly low (sign of support and accumulation), it's not the time to sell. Unless chipchip66 had bought it at a high price, please hold it at the low price for short-term(or long-term if you have the holding power) gain. The share market is a big bully game. They purposely push a stock down and squat there for ages, hoping the poverty-stricken will sell it to them. Three cheers to the poor who must unite against the not-so-rich!!! |
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chipchip66
Master |
26-Sep-2006 11:56
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I really want to sell out my Biot today but I think and think better keep my 2lots. Why? Bcos i will be selling to another person who think that he has got a good bargain!!! Cheerz! |
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OngHuiH
Member |
26-Sep-2006 11:39
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All I can say is Trend is Your Friend. Don't trade against it. Choose to ignore the your friend at your own peril. |
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Nostradamus
Supreme |
26-Sep-2006 11:36
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Can only convert at $1.02. |
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chipchip66
Master |
26-Sep-2006 11:29
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iF i cut loss for 2 lots okay but if 20 lots means x10 loss!! So, it is too EASY to say must move on and it is okay to learn from experience!! For me personally will only do averaging down than sell it off! I salute those who can make a bold decision to sell at a loss.Cheerz! |
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chipchip66
Master |
26-Sep-2006 11:24
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iF |
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hikitty
Master |
26-Sep-2006 11:11
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Recovery is a sign that daredevil short sellers are covering their positions. More short sellers, the price may move up a little. The converse is true. Pity the traders whose daily bread is daily trading! |
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OngHuiH
Member |
26-Sep-2006 11:09
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One should not inflict more pain on others. ZZ is only wiser only after the event. Sometimes we made good decisions, sometimes bad ones. And when is OVER is OVER. Don't have to feel pain. Because, who know the outcome, it may turn out to be a good decision at the end of the day. If NOT, never mind. Use your money to buy another uptrend stock. You can always make back the money. In fact, if one follows closely the basic principle of TA, one should have sold on the down trend. And buy on the uptrend. Remember the story about sai wong si ma (old man who lost his horse). Nobody knows if is good or bad! |
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chipchip66
Master |
26-Sep-2006 10:50
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OUCH!! |
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zujzuj
Senior |
26-Sep-2006 10:13
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Don't be in a rush to cut... it's slowly recovering from this morning's loss alr. Those who cut at 0.71 are feeling the "pain" now |
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chipchip66
Master |
26-Sep-2006 10:08
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Looks like many people cut loss today then buy into other counters! Bad mistake! |
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chipchip66
Master |
25-Sep-2006 19:38
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May I just ask, if conversion price is $1.02 and now BioT on open market is only $0.74, will they convert at $1.02 or buy in the open market for $0.74?? |
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Nostradamus
Supreme |
25-Sep-2006 19:35
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The lower conversion price came after the price crash, sparked by its unexpectedly poor full year 06 results. At the new conversion price, the bonds may be converted into nearly 202m new shares, compared with about 158m potential new shares at the original conversion price. It has about 878m issued ordinary shares. The potential dilution it EPS is now 19%, instead of 1.4%, according to CIMB-GK. |
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chipchip66
Master |
25-Sep-2006 11:51
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So, any latest development on Biot's micro-organisms? Are they multiplying well? |
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