
What price did u got at?
Bopanha ( Date: 09-Apr-2013 15:42) Posted:
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How do you know whether its the work of  buyers or shortists? Just curious. Anyway to know? The way i see it, its good that today's slide is caused by shortist who are simply making use of the announcement made ytd. If it were buyers who caused the slide through panic selling, then i guess its really over for this stock!
rotijai ( Date: 09-Apr-2013 15:23) Posted:
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I will adjust my holding and stick to only long term 500 lots according to my own belief. This 500 lots will be locked away.
srichipan ( Date: 09-Apr-2013 15:30) Posted:
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Yah. That's why RTO will change everything mah
iluvboost ( Date: 09-Apr-2013 15:25) Posted:
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3.30pm and its raining outside.
doom and gloom 
theres no way the contel business can be profitable. its stock price at this moment is manipulated by the big boys, and retailers that follow.
it would be a 0.002 price company if theres not speculation done to this.
 
 
Bopanha ( Date: 09-Apr-2013 15:14) Posted:
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Just my view..
Longists are lucky this morning it was only shorters selling... that's y it got covered back so fast..
if it was real sellers.... no eyes see on longists
when u trade long enough, u will understand that short sellers are normally the ones helping to push the stock up...
while buyers are normally the ones pushing the stock down...
Bopanha ( Date: 09-Apr-2013 15:14) Posted:
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This is nothing new.
terencee ( Date: 09-Apr-2013 14:55) Posted:
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what i am advising is on how to manage ur trade on pennies..
penny is totally different from blue chips...
buy and hold (without cut loss) cannot work for penny especially when u chase...
strong good blue chips got cycles where it comes down when market crash/correction and will come back when market recovers..
penny might and might not come back after dropping.. so unless u don bother the amount u put into penny stock.. if not pls handle with care...
this is the ugly fact everyone must accept.
What Rotijai said is quite true. These wreckers or shortsellers (I normally call them syndicates because they can only do it as a group) don't care a damn about anyone.   What they know is when they want to sell and what prices to pass round to one after another.   Too bad we got in between at their timing so we got hit jialat jialat.   They are waiting to cover their shorts, and if they could not square them, they will continue to hang the prices that are lower than their average sell.   The only chance is the company come up with some super good news for the shortists to rush in for cover.
It is best that if we can afford it, we don't sell and keep the shares until the company turns in profits as predicted. Then it would help those who lost to make back.   It does happen and I am sure can also for Contel's shareholders. 
rotijai ( Date: 09-Apr-2013 15:04) Posted:
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i started trading and got burnt by once a stock called China Gao Xian.. it cheong from 20 cents to almost 50 cents before dual listing.. after dual listing it dropped dead from 44 to 33 in one day..
i whacked and got screwed very badly..
i cut on the second day of plunge (i still blaming my noobness for holding despite such a heavy drop on a penny stock)..
wanna know where's that stock now? it dropped to 20 cents and now got suspended..
Of course... this is the worst case, cause i think contel wont get suspended.
but do note that it's always possible for contel to drop back to 2 cents.. and it is also possible for contel to go back to 20 cents like last year..
Pls... for ur own sake, do have a plan when u trade penny..
unless u tell me.. nvm la even if it gets suspended (worst case) i also wont bother, then u are fine.
sorry roti boss! Wont happen again.
bro terencee..
pls don mislead forumers..
regardless u wanna sell or not, pls accept the fact tat paper loss is a loss..
the loss can get bigger or smaller depending on how this ship moves..
they/shortists/sellers/buyers/bbs don even  bother to do anything to u...
there's something i wanna remind..
if the stock flies up by RTO, congrats to u and friends..
if the stock just drops dead, lets say another 2 cents... i really hope u have a plan on how to manage it instead of being positively silly
i am not encouraging anyone to sell/buy/cut loss.. just wanna remind u all to face the fact..
this is a penny stock, pls treat it like a penny..
terencee ( Date: 09-Apr-2013 14:55) Posted:
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the other jialat one is ISDN.
terencee ( Date: 09-Apr-2013 14:55) Posted:
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If we buy beyond our means. We are committing suicide :0.
Hahhaa. I got no choice but to pick up all my shares :( go west and east borrow. Lolol contel dun go thru. I go and be gigolo ...! Hahaha 330 ah? Woah.
Hahhaa. I got no choice but to pick up all my shares :( go west and east borrow. Lolol contel dun go thru. I go and be gigolo ...! Hahaha 330 ah? Woah.
terencee ( Date: 09-Apr-2013 14:55) Posted:
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As long as we don't sell, there's nothing they can do to us. We only can see red loss nia. Haven't realized. So not to worry. As long as we are longing, there's nothing to make us sell. We wait for the run up only. Ride everything up
Whatever small amount I made before, not counting them, paper loss also about $12K. The shortist syndicates really know how to squeeze we share investors.
terencee ( Date: 09-Apr-2013 14:50) Posted:
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I dun understand why 3.30 though. Always hear people say magic moment 3.30.. 
 
Maybe can enlighten me ?  
s100125 ( Date: 09-Apr-2013 14:48) Posted:
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3.30 pm , the magical moment when buying up begin.
Personal paper loss at 24k lol not too shabby .
Ouch. Earn money also not as kin
Ouch. Earn money also not as kin
terencee ( Date: 09-Apr-2013 14:42) Posted:
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