If you have been following my posts on wilmar, you would have knew that I have been following this
stock closely since mid december. If you have missed any of the post, the links as below.
http://volume-price-spread-for-metastock.blogspot.com/2010/12/241210-wilmar-has-fallen-19-pecent-is.html
http://volume-price-spread-for-metastock.blogspot.com/2010/12/171210-is-wilmar-ready-to-stage.html
The same question again, Is Wilmar ready to go up north from today's massive sell down?
Look at the price bar today, the closed is not above 50% of its day range but towards the day's low.
Although there is a sign of buying back at the end but this does not constitute a "buy order" yet.
If you think that it is cheaper now, think twice as it may get cheapest in weeks ahead.
Look at the wilmar chart today, if a trader has been trying to buy into the huge down day on each
occasion or averaging down.
Let see his portfolio performance.
Date Activity Lot Price
11/11/10 BUY 1 $6.30
22/12/10 BUY 1 $5.62
04/01/11 BUY 1 $5.50
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TOTAL 3 $17.42
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AVERAGE/LOT 1 $5.80
LOSS/LOT (TODAY CLOSED - AVERAGE) -$0.30
This loss will continue to amplify if the stock price continues to fall day after day. Paper loss is REAL loss,
Latest Forum Topics / Others | Post Reply |
Are the Professionals ready to move Wilmar UP?
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yummygd
Supreme |
05-Jan-2011 10:15
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thanks dude. ur postings are excellent. u teach at the same time. I never come across someone who is so willing to teach n share. I have learnt some insight. thanks a mil
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Hulumas
Supreme |
05-Jan-2011 09:50
Yells: "INVEST but not TRADE please!" |
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May I know, within how long time horizon please? | ||
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sgtrader
Member |
04-Jan-2011 23:13
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04/01/11 - Are the Professionals ready to move Wilmar UP the trend?If you have been following my posts on wilmar, you would have knew that I have been following this
stock closely since mid december. If you have missed any of the post, the links as below. http://volume-price-spread-for-metastock.blogspot.com/2010/12/241210-wilmar-has-fallen-19-pecent-is.html http://volume-price-spread-for-metastock.blogspot.com/2010/12/171210-is-wilmar-ready-to-stage.html The same question again, Is Wilmar ready to go up north from today's massive sell down? Look at the price bar today, the closed is not above 50% of its day range but towards the day's low. Although there is a sign of buying back at the end but this does not constitute a "buy order" yet. If you think that it is cheaper now, think twice as it may get cheapest in weeks ahead. Look at the wilmar chart today, if a trader has been trying to buy into the huge down day on each occasion or averaging down. Let see his portfolio performance. Date Activity Lot Price 11/11/10 BUY 1 $6.30 22/12/10 BUY 1 $5.62 04/01/11 BUY 1 $5.50 ------------------------------------------------------------------------------------ TOTAL 3 $17.42 ------------------------------------------------------------------------------------- AVERAGE/LOT 1 $5.80 LOSS/LOT (TODAY CLOSED - AVERAGE) -$0.30 This loss will continue to amplify if the stock price continues to fall day after day. Paper loss is REAL loss, don't be childish to think it is not. It is your real money in negative returns. Worse of all, funds are
held up too long waiting for the stock to turn back up again and some never able to survive again with suspension or delisting issue. So what will be the tell-tale sign that the stock may have bottom inorder to have a good entry and enjoy the joy ride soon after purchase...Check my blogsite for more information.
What to look out for this week? Check it out below: |
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