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Carnage may not be over yet. Be cautious.
just a tech note:
candlesticks and RSI seem to be more sensitive to this counter. chaikin seems to miss some of its peaks. (cf period of 28th jul to abt oct 16th, notably nov 6 to 17th--consequences for short term traders then).
Heard that some house is start to accumulating....
Beware
so let the shorting begin...
so let the shorting begin...
cham, TA not good, FA not good, now, even the OCBC rating gives only 0.785 target price.. .. does it mean we should short this today?
Agree with Elf...
If you look at its bollinger bands a few days ago, they were really really tight. This coupled with the fact that the Acc/Dist and Chaikin were dropping really gives you a textbook-like clue that some big southerly movement is going to happen soon.
If you look at its bollinger bands a few days ago, they were really really tight. This coupled with the fact that the Acc/Dist and Chaikin were dropping really gives you a textbook-like clue that some big southerly movement is going to happen soon.
hm. i don't know what the brokerage houses say, but from the charts osim is likely to continue its drop tomorrow.
so sad. downgraded to a penny. poor ron sim. :(
kilroy, buyer's remorse? :P
Can I get my refund for my Mermaid pls! I as a consumer thinks I made a mistake in getting this tacky product.
OCBC downgraded this counter to SELL with fair value of 0.785:
http://www.remisiers.org/research//Osim-070201-OIR.pdf
There is no typo error, ML recommend a BUY.
When I was in USA, I visited Brookstones, the product range not very fantastic, not a lot of pple visiting the store,, maybe just not the right time when I was there.
Dont have the confidence of OSIM at this moment, nearly bought at 1.50 last time. Not vested.
Major dump today
I see , no problem! are u vested?
jackjames,
no, they have not announced $Q results. What I meant is they made profit guidance after the period (4Q) has passed.
sorry if it caused any confusion.
shplayer, they haven't annouced the 4Q results, right? Did they? correct me if I am wrong.
If my memory serves me right, I recall that a year or two ago, OSIM made a statement to the effect that Brookstones' business is very cyclical...4Q is best...in terms of sales and profits....and management was working torwards smoothing out the fluctuations.
Now that they made a profit guidance right after 4Q...(supposedly their best Q)...dosen't bode well for the company's prospects.
err... it's a typo, right? should be sell.
I think the price can crash more if the results are " horrible".
Wow... they recommended a buy and then immediately the stock crashed 25c... :(
big boy is out after lunch, sell down 699 lots sell down at 1.05 , 587 lots sell down at 1.06... wow.. big man...
$1 is coming, me waiting for it 50lots to keep in the safe till H2 07