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1401-1420 of 3100
It is time to exit this stock totally. Monday result reporting will send the stock into a downward spiral. Do you think things had changed for the better since 2 months ago. If not I am selling and shorting it wherever possible.
The current price have fully reflected the bad news, unless the company bankrupt or major contract cancellation. Will it backto 60 cents or even 20 cents in 1997? Let's time to prove it .
Recent run up of Cosco ........... because
China Bans New Shipyards And Supports Ship Purchases
Chinese government lends a helping hand
Bloomberg reported yesterday evening that China will ban new shipyards for three years and support domestic vessel purchases.
Banks will also be encouraged to increase trade finance to boost ship exports under a plan approved by the State Council.
Is there any reason for the current drop in price? Just overall market sentiment? BDI? Or some other stuff?
Not holding it. I'm just curious.
My broker at DBS vickers said that syndicate is playing this counter, so did not dare to touch, anyone got any source regarding this?
tempting to short this..
Cosco has been moving up last 3 days BUT you can see from the volume that the price is decreasing , on top of that the CCI is now in overbought position. Can consider selling on strength. my vew.
Congrats. Actually also not bad to make $150.00 for 6 lots. It is not really easy to make money in the stock markets, because you want to make from the market, the BB also wants to make from you. So becareful.
Chewbacca ( Date: 06-Feb-2009 10:07) Posted:
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Well, sold of mine (6 lots) @ 0.865. Made $150, brokerage factored in already. Truly chump change. But that's a 3% return in 2 weeks, so it's not too bad.
I sold it off now because I felt I didn't buy it at a good time. After buying @ 0.83, it dropped pretty much stright to 0.77. Anyway, I'm playing it safe for now. At least that frees up a small portion of my money for reinvestment.
Technically, Cosco has not bottomed out yet. It is at most a mere technical rebound. It is essential in any bottoming process though.
中远投资起3.5分到82分。据《上海证券报》称，中国政府即将宣布的第二轮刺激经济配套将包括有利造船业的消息，引起投资者追购它。
If u think cosco is going to shoot, think thrice.....
Why sudden price uptick? Possibility
- Setting the stage for sell down on 23 Feb when report results.
- Insitutional play with the buy first and sell on news ploy.
- BDI rising. so u think it last?
I am still waiting for him to come to 70c.
Rotational play. It is Cosco's turn now.
Unless you are trading in bigger lots, why take 1 or 2 cents profits? Not compatible with risk taking, I think. Go for 5 to 8 cents! Hahaha.
Chewbacca ( Date: 05-Feb-2009 11:15) Posted:
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I got 6 lots I bought at 0.83. Hopefully can unload it @ 0.855. Probably not today, though.
Ask when will it be $1.50 above, not when 60 cents!!Hahaha.
maxcty ( Date: 05-Feb-2009 10:43) Posted:
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when is 60c..hahaha
Cosco has commenced picking up in prices again.
ok..noted..will monitor..hee/
thanks dcang84
60c more like it.
maxcty ( Date: 03-Feb-2009 09:58) Posted:
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