
i'll probably join you but lets be patience for now.
0.565 will be the next immediate support... follow by 0.53... hope to load some at these 2 px
its becoming a beautiful price to speculate this counter again. mebbie looking  ard 0.54 for price consolidation. what do you all think?
it's 0.59 now...Greece is definitely one of the culprits to cause this to happen....
but now 0.595 is a good price to enter for short rebound later ...
Disclaimer: Not a call to act, do you own homework. 
When I came back from Greece on 20/9, this counter was at 0.695 & I tot I could finally see the 0.7... head. Who know  lao sia till 0.615.
Still holding on to 0.79. Ya, that time bought at high price.... zzzzzzz
CPO price coming down since beginning of this year, but this company won a big contract recently.  Also, demand on palm oil (food in general) are increasing year-on-year basis.  So, I think this counter got hope.
Just my two cents.
 
$1 more likely.
GAR previously perform a 2 to 1 Split in early 2008.
wishbone ( Date: 29-Sep-2011 10:21) Posted:
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So $100 is also possible what!!! Consolidate 500:1 when it drops to 0.200
  Haha!!!

xing78 ( Date: 29-Sep-2011 10:17) Posted:
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$1 is possible... Maybe after it drops to $0.20 it will execute 5 to 1 share consolidation.
LOL 
wishbone ( Date: 29-Sep-2011 09:48) Posted:
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not sure if its possible.... the $USD is strengthening a fair bit....
If I can I will make it to $100. Com'on. 
Don't pluck from the air!!

iPunter ( Date: 29-Sep-2011 09:42) Posted:
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Why stop there? Why not make it $1.00?... lol...  

wishbone ( Date: 29-Sep-2011 09:17) Posted:
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Whatever price it may be now, it is bcos of the bad market sentiment. Once the black cloud is gone, this counter will return to 0.650~0.700.

STI commodities stocks under selling pressure.... 
(New York/AP 28/9) ..Raw materials companies had the biggest declines after prices for commodities like copper and oil fell sharply....
  " This is a market that has been fluctuating and is thoroughly susceptible to any news, any rumors, any innuendos," about Europe, said Quincy Krosby, market strategist at Prudential Financial.
500 lots married / pre-opening trade is insignificant for this counter in my opinion as the  daily volume easily exceeds 50000 lots.
:p 
EdwardLiu ( Date: 29-Sep-2011 08:51) Posted:
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There is a married deal of 500 lots done at 0.655 at 8.35am ????????
Sentiments, i reckon. But near $0.6 is a good price to enter for GAR, in my perception.
hyruga ( Date: 28-Sep-2011 22:14) Posted:
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why today suddenly drop 0.02?
On Wednesday, Golden Agri re-test the support at $0.62 and closed at $0.63 with HIGH volume of 99.85 million shares traded.
The long black candle sticks with little lower shadow affirms that investors have no qualm in selling down the stocks.
Both RSI & MACD are bearish as MACD perform a death cross recently.
Important Resistance of Golden Agri: $0.635
Immediate Support of Golden Agri: $0.62
Currently prices are well below 20/50/100/200 days MA.
Since 5/Aug, prices have been................ READ MORE
 
No matter what price it is at, every moment is a bet...
      This is why avergaing down is not a sound practice...

EdwardLiu ( Date: 28-Sep-2011 16:48) Posted:
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