
huat i short from 1.27 for co.....50 lots short.time to reap profit;)
nickyng ( Date: 15-Oct-2008 10:47) Posted:
|
yesterday got another fortune teller set target price to 0.55 !!! Just imagine from $6,5,4 to 0.55 ?? something they talk without using the brain !
as i always say...when in DOUBT...SHORT ! :D
This is really bigest joker !! Just last few months ago..........all the fortune teller still predict will hit $6 ,5, 4..... you see now ! WELCOME back to penny group !!
lol... yzj is a crap.. i bought at $2+. then avg dw at 1.7 then at 1.3. It goes down to 1.1 then rebound up to 1.4 and i giv up and cut loses..
DnApeh ( Date: 15-Oct-2008 10:21) Posted:
|
NEVER average down! I got the younger brother YZJ at $2, now is 30cts. I now keep it to remind myself to ALWAYS cut loss.
learning ( Date: 15-Oct-2008 10:05) Posted:
|
I tink u can wait further more to buy in more.
I revise my entry on this to 0.75 after all downgrade and in near future it might be under pressure to selling..
learning ( Date: 15-Oct-2008 10:05) Posted:
|
When Co. top person transfer back must be something happen.
leechongpeng ( Date: 15-Oct-2008 10:16) Posted:
|
Learning,
Sad that you bought at such a high price, but 2 lots only still lose some $3K?
Buy 5 times your holdings if you can afford, then lock away hoping the money won't be lost..no it won't be lost unless company went bust..lah.
That is 10 lots at around 60 cents (should it go there) plus your origninal 2 lots (assuming you bought at $2.08) will give you an average of about 85 cents.
This price is easy to reach. The other alternative is to borrow 10 lots of Cosco and sell 12 lots now and then buy back 10 lots at 60 cents, you will make a profit overall.
I keep avg down on Sunray In the end I lost about $20K on Sunray when I exited at $0.13. Now it's trading at $0.02.
XiaoMaGe888 ( Date: 15-Oct-2008 10:11) Posted:
|
Better run,may be another F China. my personal view
learning ( Date: 15-Oct-2008 10:05) Posted:
|
bought this counter on a high (2 lots at $2ish) and now, i'm stuck!
need advice - is it a good move buy in more to avg out the price?
If you aim at 0.55 it might give you lower. Keep away from this counter until clear picture.
Many people who invest in shipbuilding and related activites might want to consider switching toYangzijiang who have a few billion worth of others in hand. There is also JES, also more than 1 billion dollars of confirmed and non-cancellation orders. Maybe Sembawang also can. Prices seem pretty right now, me think.
Just an opinion only.
Now at $0.86. I will wait for $0.55
leechongpeng ( Date: 14-Oct-2008 21:14) Posted:
|
Hope they are not involve in oil speculation....:(
well...since it is CHINA related...then must be becos of BLACKSHEEP like FERROCHINA loh...all got phobia liao...not china bashing here...tainted milk lah..collapse building(cos of shaky building material) lah...thk of china ..u thk of inferior quality...basically of QC ? :P
Credit Suisse cuts target price.
saturn ( Date: 14-Oct-2008 22:54) Posted:
|
The SSE fell when every other index were making record headlines. BDI is still on a freefall. With global recession looming, ever wonder why investors are selling and staying away from Cosco and company?
Ayone know what happen to Coscocorp today?? Is there any news??
Can drop 20% when market bullish today......
I'm not trying to bad mouth COSCO or any company, even current mkt price defies any justification, fwd P/E of 5, dividend yield of 7%, and 2x P/B, but still falling 20%.
But if u thk of other blue chips which have collapsed, maybe if the book value suddenly drops to 5c and then earnings and dividend become zero, even if the stock is at 0.10 is still considered expensive.