
I am not sure if I am right or not, the buy queue is very imaginary. It come and go in big quantity but no actual trade takes place. Someone trying to fool the buyer I think.....
Europe market set to see red... I guess it would be bloody tonight....
I think can sell into strength....
Court clears Greek terminal deal
A TAKEOVER deal for two box terminals at Piraeus, Greece’s main port, between Hong Kong-owned China COSCO Holdings and the Piraeus Port Authority was approved today by Greece’s Court of Audit.
Increasing volumes on this counter with more or less steady price. This may be a good sign that it has bottomed out.
Wait for actual price movement to confirm.
If you have short then be careful....
I saw 2 desparados queue to sell at HALF a CENT before open. Pls do not make a mockery of yourself. If u want to sell those 6 lots at that price, I can pay you 10 times.
should short now!
marc28 ( Date: 06-Nov-2008 08:30) Posted:
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cut loss and get out
just take ref from Baltic Dry Index, for subsequent action. But most importantly, with current gloomy
economy, most things are bad and pessimistic.
tis baby surround by big shark,,,,,,,,,,,dun become ikan bily,,,,,,,,,,,,,im dun like tis baby,,,,,,,,,,,bec alot shotist here,,,,,bb,,,,even small like ikan bily also want to short tis,,,,,,,,,,,,,,,how to up.........
I'm in for long term. Slowly accumulating, though held some at high but picking up pieces here and there.
Some advantages about this counter:
(a) 7 yards in China
(b) I think Sembmar has vested in this
(c) China is cheaper in labor than most countries. Long term, korean and spore yards cannot compete.
(d) China management will change for better after the milk fiasco.
(e) China is likely to be the next economic power in years to come.
(f) Good book order and economy seems stabilising after US election.
Of course there are some disadv as well like transparency, management, order cancellation etc.
I believe in it for next 10-15 yrs, this counter is a good counter to be invested. Might be the next sembawang shipyard or kepcorp equivalent.
des_khor ( Date: 05-Nov-2008 12:08) Posted:
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This one is highly dangerous even for traders. Can only long during downtrend and cut once there's profit. Short term outlook remains murky!!!
wah classic trap by BBs. im sure alot of retail investors got trapped.. again by cosco.
i already learn my lesson.. not playing this counter on rapids anymore..
Trade with care, this one is quite speculative and can be easily caught unaware
The ship got hole ??
Many ships no cargo, freight rate down to three years low.
I tell myself sold early and don't be regret as you will never know it will go up or come down later ... but for long term investor is good time to buy now ! I already exit Cosco !
Why the slide in the span of minutes?
All ships are sail again.... this time sailing fast !!
Very soon will be above 0.995 cent !!