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Neglected, Illiquid, Undervalue, Recovery counter

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ChillX
    22-Feb-2012 08:56  
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For penny stocks, never a wise move to put in money you don't have. Looks like a lot of contra sells yesterday and monday. Likely can expect at least a  small rebound today or tomorrow. If BBs still interested in this counter, then the near term future is still very good.. if not... well... prob have to hide what you bought under the pillow or cut loss... to each their own strategy.
 
 
JUNWEI9756
    22-Feb-2012 01:09  
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Ok sifu.. I'm looking to exit some tomorrow too..

Volume high u mean at least 50k lots ??

Are you monitoring the counter as well ? any immediate support ?? 

xing78      ( Date: 22-Feb-2012 01:07) Posted:



I doubt so, the volume is decreasing. 

Yesterday's volume is light compared to all other previous trading days.

When volume start to increase then there will be signs of rebound.

There's a high possibility you will be stuck in this counter for a lengthy time.

Anyway, I see a correction coming next week.  

If I were you, get out first to protect your capital. 

When you see volume start to increase then buy again.

:p 

JUNWEI9756      ( Date: 22-Feb-2012 00:55) Posted:



SIFU ! U think there could be a rebound tomorrow   ?

I have offload 30% already..

Looking to sell more tomorrow.. hope it rebounds.. any tp for this ? 


 
 
xing78
    22-Feb-2012 01:07  
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I doubt so, the volume is decreasing. 

Yesterday's volume is light compared to all other previous trading days.

When volume start to increase then there will be signs of rebound.

There's a high possibility you will be stuck in this counter for a lengthy time.

Anyway, I see a correction coming next week.  

If I were you, get out first to protect your capital. 

When you see volume start to increase then buy again.

:p 

JUNWEI9756      ( Date: 22-Feb-2012 00:55) Posted:



SIFU ! U think there could be a rebound tomorrow   ?

I have offload 30% already..

Looking to sell more tomorrow.. hope it rebounds.. any tp for this ? 

xing78      ( Date: 22-Feb-2012 00:53) Posted:



Hi Bro,

Perhaps you may like to consider having a target price and stop loss put in place for every trade you made going forward.

I am a little surprised you are still holding this counter after it has drop from a high of 2.5c to 1.8c today.

If I am the one holding this counter, first 1/2 should be cut at 2.2c and remaining 1/2 at 2c when there isn't any meaningful rebound coming.

Well, I could be wrong and rebound could start tomorrow.

Good Luck to you :p

 


 

 
JUNWEI9756
    22-Feb-2012 00:55  
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SIFU ! U think there could be a rebound tomorrow   ?

I have offload 30% already..

Looking to sell more tomorrow.. hope it rebounds.. any tp for this ? 

xing78      ( Date: 22-Feb-2012 00:53) Posted:



Hi Bro,

Perhaps you may like to consider having a target price and stop loss put in place for every trade you made going forward.

I am a little surprised you are still holding this counter after it has drop from a high of 2.5c to 1.8c today.

If I am the one holding this counter, first 1/2 should be cut at 2.2c and remaining 1/2 at 2c when there isn't any meaningful rebound coming.

Well, I could be wrong and rebound could start tomorrow.

Good Luck to you :p

 

JUNWEI9756      ( Date: 22-Feb-2012 00:17) Posted:

If this counter dont hit at least 2.3 - 2.4 i will leave forum after 5pm.. Too xiasuey to post here.. Lol..


 
 
xing78
    22-Feb-2012 00:53  
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Hi Bro,

Perhaps you may like to consider having a target price and stop loss put in place for every trade you made going forward.

I am a little surprised you are still holding this counter after it has drop from a high of 2.5c to 1.8c today.

If I am the one holding this counter, first 1/2 should be cut at 2.2c and remaining 1/2 at 2c when there isn't any meaningful rebound coming.

Well, I could be wrong and rebound could start tomorrow.

Good Luck to you :p

 

JUNWEI9756      ( Date: 22-Feb-2012 00:17) Posted:

If this counter dont hit at least 2.3 - 2.4 i will leave forum after 5pm.. Too xiasuey to post here.. Lol..

 
 
JUNWEI9756
    22-Feb-2012 00:49  
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Aiyo dear dear !!! I almost want to forget you liao !!

Still got you to hug hug kiss kiss touch touch lick lick hor :)

Ok lah.. Won't leave.. Maybe go holiday only !! :) 

warrenbegger      ( Date: 22-Feb-2012 00:31) Posted:



Don't anyhow leave la.

If just a wrong call leave, i think this forum can shut down liao.

No one is always right, and there's no right or wrong in this market.

Maybe U can leave this post, but not this forum.

We should encourage and advise each other, as we r just part of the market breath :)

JUNWEI9756      ( Date: 22-Feb-2012 00:17) Posted:

If this counter dont hit at least 2.3 - 2.4 i will leave forum after 5pm.. Too xiasuey to post here.. Lol..


 

 
ddren09
    22-Feb-2012 00:42  
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Word of  wisdom. Haha.

If anyone can be always right, don't need to surf this forum alr. If wrong, just take the lost like a man and move on. No point complaining and play the blaming game.

warrenbegger      ( Date: 22-Feb-2012 00:31) Posted:



Don't anyhow leave la.

If just a wrong call leave, i think this forum can shut down liao.

No one is always right, and there's no right or wrong in this market.

Maybe U can leave this post, but not this forum.

We should encourage and advise each other, as we r just part of the market breath :)

JUNWEI9756      ( Date: 22-Feb-2012 00:17) Posted:

If this counter dont hit at least 2.3 - 2.4 i will leave forum after 5pm.. Too xiasuey to post here.. Lol..


 
 
warrenbegger
    22-Feb-2012 00:31  
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Don't anyhow leave la.

If just a wrong call leave, i think this forum can shut down liao.

No one is always right, and there's no right or wrong in this market.

Maybe U can leave this post, but not this forum.

We should encourage and advise each other, as we r just part of the market breath :)

JUNWEI9756      ( Date: 22-Feb-2012 00:17) Posted:

If this counter dont hit at least 2.3 - 2.4 i will leave forum after 5pm.. Too xiasuey to post here.. Lol..

 
 
Leonkoh73
    22-Feb-2012 00:26  
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dow just went over 13000 effortlessly!

good chance that this counter will fly tmr

fingers crossed
 
 
JUNWEI9756
    22-Feb-2012 00:17  
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If this counter dont hit at least 2.3 - 2.4 i will leave forum after 5pm.. Too xiasuey to post here.. Lol..
 

 
ddren09
    22-Feb-2012 00:01  
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There a Doji, could rebound tmr. If tmr don't rebound, got feeling this share is GG alr.
 
 
Sgshares
    21-Feb-2012 23:08  
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$0.016 coming?
 
 
louis_leecs
    21-Feb-2012 22:00  
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见 好 就 收 , 来 zi方 长 ,
 
 
gut031012
    21-Feb-2012 21:58  
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The monkey maybe. Peace hahahahaha

plusone      ( Date: 21-Feb-2012 18:44) Posted:



lol cannot tell if u are really sad or happy from ur response

haha just makes this story more interesting.

Are u the man, assistant or the poor villager? 

  Stock Market - Analogy 




Refresh:If anyone has difficulty understanding the current world financial situation and how the stock market works, the following should help.... 

Once upon a time in a village in India, a man announced to the villagers that he would buy monkeys for $10. 

The villagers seeing there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again. 

Soon the supply diminished even further and people started going back to their farmsThe offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! 

The man now announced that he would buy monkeys at $50!However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf. 

In the absence of the man, the assistant told the villagers:'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.' 

The villagers squeezed together their savings and bought all the monkeys. 



Then they never saw the man or his assistant again, only monkeys everywhere!   

JUNWEI9756      ( Date: 21-Feb-2012 18:33) Posted:



Really GG hor.. Lose until pants missing.. How !!!

  ): ): )


 
 
dowcog
    21-Feb-2012 21:30  
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just pop in.. wah.. no wonder broke support today. u creating selling pressure.. lol

tmr u offload 60%. even worse... sure lao sai 1.6c. BBs will be so happy. suggest u offload 20% n keep the rest for rebound. can reduced losses at least if u can hold. but not confirm it's going to be tomorrow - mkt conditions not gd.

anyway europe is playing out to be a roller-coaster ride. this bullrun is not going to be a straight line as others had said. i closing/closed all my other long positions with only slight profits this wk. Indexes toppish n signal weakness already. not advising anymore long positions short term. just my take. gd luck.

 

JUNWEI9756      ( Date: 21-Feb-2012 18:12) Posted:



will sell if there's no rebound tomorrow. Since closing is no good and broke support. Already offload 30%

Tmr offload another 60%...  

dowcog      ( Date: 21-Feb-2012 17:23) Posted:



took one last look n decide to post before i really gtg.

 

still a doji for today even closed at 1.8c. downtrend still haven't run it's course. if test 1.6c n can't hold - this will be d price make or break for me n if i am Towkay JW - I will really be sim tiah. cos cant hold there. really chum already. ipco can stop looking liao. put under pillow not enough. put inside freezer better. it will sleep at 1.2c if still don't hold the 1.6c support. mine already in freezer.

 

so tmr really make or break for Towkay JW. hope got BBs help him. good luck!

 


 

 
plusone
    21-Feb-2012 18:44  
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lol cannot tell if u are really sad or happy from ur response

haha just makes this story more interesting.

Are u the man, assistant or the poor villager? 

  Stock Market - Analogy 




Refresh:If anyone has difficulty understanding the current world financial situation and how the stock market works, the following should help.... 

Once upon a time in a village in India, a man announced to the villagers that he would buy monkeys for $10. 

The villagers seeing there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again. 

Soon the supply diminished even further and people started going back to their farmsThe offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! 

The man now announced that he would buy monkeys at $50!However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf. 

In the absence of the man, the assistant told the villagers:'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.' 

The villagers squeezed together their savings and bought all the monkeys. 



Then they never saw the man or his assistant again, only monkeys everywhere!   

JUNWEI9756      ( Date: 21-Feb-2012 18:33) Posted:



Really GG hor.. Lose until pants missing.. How !!!

  ): ): ):

plusone      ( Date: 21-Feb-2012 18:30) Posted:



Game over.

 

Iso and Junwei both gave up. lol

GG IPCO 


 
 
JUNWEI9756
    21-Feb-2012 18:33  
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Really GG hor.. Lose until pants missing.. How !!!

  ): ): ):

plusone      ( Date: 21-Feb-2012 18:30) Posted:



Game over.

 

Iso and Junwei both gave up. lol

GG IPCO 

 
 
plusone
    21-Feb-2012 18:30  
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Game over.

 

Iso and Junwei both gave up. lol

GG IPCO 
 
 
JUNWEI9756
    21-Feb-2012 18:22  
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Very disappointed with IPCO today... Worse come to worse 2000 lot keep under pillow..

Have to sell at a 5 digit loss.. No choice..

ANYWAY !!!   SIFU ISOLATOR PLEASE ONLINE ASAP VERY URGENT !!! 
 
 
JUNWEI9756
    21-Feb-2012 18:12  
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will sell if there's no rebound tomorrow. Since closing is no good and broke support. Already offload 30%

Tmr offload another 60%...  

dowcog      ( Date: 21-Feb-2012 17:23) Posted:



took one last look n decide to post before i really gtg.

 

still a doji for today even closed at 1.8c. downtrend still haven't run it's course. if test 1.6c n can't hold - this will be d price make or break for me n if i am Towkay JW - I will really be sim tiah. cos cant hold there. really chum already. ipco can stop looking liao. put under pillow not enough. put inside freezer better. it will sleep at 1.2c if still don't hold the 1.6c support. mine already in freezer.

 

so tmr really make or break for Towkay JW. hope got BBs help him. good luck!

 

dowcog      ( Date: 21-Feb-2012 09:20) Posted:



steady ah.. no point get angry n do wrong trade.. today gap down. 1.9c already broken. 1.8c immediate support. 1.5c to me is the stronger support. day chart not done with retracing yet.

need to watch for reversal before taking action. i do not see any entry signals yet. but today's at worse reading will be 1.7-1.6c to hold if it doesn't drop to 1.5c support. may rebound from there.

 

this my own reading. DOYDD n BOSAYOR.


 
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