
Hope some buddy dad can stop accumulating on YZJ till it price is more settle, see coming Monday maybe another bad day for accumulting, due to the ever un-settling Sub-Prime woes.
(Read DOW or STI to cross 3000 boosted by long-term investors )
Elf & Idesa, I presume you bought GLD US$10. Looking at the charts from POEM, with the indicators on top and price chart below, looks like the graphs are converging. For eg, Add/Dist declining as price increasing. Likewise for Chaikin with pricw, RSI with price. Does this tell us that price of Gold has reached its peak. Correct me if I am wrong. Sorry has to post here.
Attended a talk last week and was told to cut loss at 8% everytime. Will just follow this next time.....
Idesa168 comments below is a right one. The common mistake is not willingly to cut loss fast and instead looking at other shares to buy. If you look at other shares to buy, you may have caught the bottom. But don't forget when you held onto your other losing shares, you have taken "200 steps backward but only one step forward with the share you managed to catch the bottom."
"Too painful to cut becos once I bought it, it just drop drastically and dropping day by day. I did not even smell $2.00 at all in those period. I finally decided to cut loss @1.70 and transfer my $$ to some other counters, well still no luck lah! My last move, was to take all my $$ out of stock and move some into GOLD. I hope ppl who are sufferring losses can bit the bullet and forgo losses and move on. Paper losses are still losses and the value is just what left in the trade."
China plays are stingy in dividends
Dividend is about same as Memtech (price 17cts ) - can you imagine that !
Show me the money - CHINA PLAYS !!!
Lousy dividends means lousy price for CHINA PLAYS !!!
Thays why foreign funds sell out !!
bwah ha. idesa, i see i've got a convert for gold. :P this is the yzj thread leh, not gold thread...see too much 'kim' colour until eyes blur already eh? ;) g'luck to ya tho!
get ready to buy STI puts if dow rallies aft Fed cut. esp if the peak of the rebound doesn't cut 12,400. ;)
fyi only. not an inducement to trade.
btw: those thinking of squaring up yzj: not yet. the previous tech support i made for it via fibo still holds.
let's all hope for the better la...my buddy's dad also accumulated this stock from $1.70+...then $1.47...then $1.20++....not so soon...but...ultimately it will likely rise la...dunno when nia...~ until now i go my friend house see his dad face also sianz...YZJ everyday in his mind...keep lamenting about it
ideas, thks for the consolation. Think I will hold for long at the moment. If cash out now, will leave in blank which will be losing money anyway with more than 6% inflation rate. Based on my calculaton, the value of YZJ is still there. So, will keep it in cold storage for the time being.
A lot of us had become an accidental long term investors with various counters, being s-shares the most...lol! I was with YZJ @$1.99 and intend to make a hit and run but was made a long term investor when it dropped. Too painful to cut becos once I bought it, it just drop drastically and dropping day by day. I did not even smell $2.00 at all in those period. I finally decided to cut loss @1.70 and transfer my $$ to some other counters, well still no luck lah! My last move, was to take all my $$ out of stock and move some into GOLD. I hope ppl who are sufferring losses can bit the bullet and forgo losses and move on. Paper losses are still losses and the value is just what left in the trade.
ccktsp, I can feel how u feel as I had been there. You should cut loss and move on. If you had lost that $$, you will make it back one day. The mkt is there always. But the trend now is down in broad mkt whichever stock u invest. My choice is still GOLD.
okie. will keep in the fridge............
chill it la...now is a down period for stocks...most also down...when market turns better...this probably will also be one of those stocks that spur more quickly upwards....i think its better than Genting still....Genting gotta wait longer and it stayed 60+cents since last August and this is becoz the IR is still a quite long way ahead...while YZJ is more active in their shipping industry..on a constant ongoing basis
Sigh.... still hugging this counter since I got it at $1.27. Think can keep it until I retire 20 years later as 'coffin money'.

For info
Yangzijiang | Opened 0.875 |
Closed 0.880 |
up +0.015ct |
UP +1.7% |
Total Vol 19,236,000 |
Buy Vol 209,000 |
Buy 0.875 |
Sell 0.880 |
Sell Vol 1,220,000 |
High 0.895 |
Low 0.860 |
For info HK got FLU, stay with care. YZJ closed up +0.015ct
hi elfie, it's good hearing you taking a short break in HK, me never being to HK though. thanks for your many concern with the newbies like me, i didn't really get myself burnt too much from louis and his ang mo remiser. of cos will definitely excercise more caution with unwarranted rumour and news in future. i really enjoy the laughters of many shifu out there in sj, felt so warm inside me though am not anywhere near the stove. not vested in yangzijiang... heehee
sorry to all, but: cut the crap louis_leecs. From the counters you have been recommending, and the 'news' you've been giving (all that talk about 'ang moh remiser'--sure, name them)--i can narrow down which house you come from already.
I've just been keeping polite, that's all. But: just because one doesn't say, doesn't mean one doesn't see.
You may seriously wish to consider shutting up and quit misleading people. It's a jail offence now for false dissemination of news.
yzj has been an outright sell call since the days it was $2 plus. you just have to track the previous posts of other forumers like arbitrager, ak francis, teeth53 etc, to see. hope forumers won't be so gullible anymore. even a quant like victorf, who's relatively accurate, hasn't quite managed to hit the mark for the last two calls (although he accurately predicted the previous three dates before these two). What more a guy who can't even spell rightly. Altho of course, it's caveat emptor, and people can choose who or what they want to believe.
but personally, i just hate seeing these kind of things, and unknowing small fries getting suckered in.

916am let go my porforio at0.91 and my cpf,,,cut my loss...so long dun have loss but when i see sgx and cosco sinking,,,,sign not good so show my baby to the table,,,,,than lucky before market close 425 i buy back my share at 87cts and convert my cpf to cash,,,anyway recoup some loss,,,,,,,at least now my cash position 100% again,,,,but too sad not sell at 965cts.......im sorry to those follow me to buy but end out loss
Hope there is some sell into strength..
teeth53 | Posted: 12-Mar-2008 09:50 (STI to cross 3000 boosted by long-term investors) |
![]() |
Take advantage Last week was into over sold position, take advantage..sell into strength |
Tot all the while i advices all buddy to sell this "junk"? All please be careful when playing this market...It juz catches you when u are shorting and kill you when u are buying..
And now worst still........YZJ closed down -0.06ct to $0.865ct
Yangzijiang | 0.920 | 0.865 | -0.060 | -6.5 | 35,593,000 | 186,000 | 0.865 | 0.870 | 361,000 | 0.920 | 0.865 |