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Since IPO was 0.95, why not wait until 0.425 then buy?
Lucky never average down at 0.95. LOL
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Just a general advise, by now should have cut lost by half, if not will have wait... for price to settle down, a wait may take 3 -6 mths, buy only on waekness, when the fall is great and sell into strength to pick up some kopi money $$$ and don't hang in there for too long. not vested here anymore, sold my since the ipo 1st few day. caveat applies as usual teeth53 Posted: 29-Feb-2008 15:38 YZJ On sales,..err...i mean the stock trading price...trade with care, next support px maybe <$1/-
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YZJ On sales,..err...i mean the stock trading price...trade with care, next support px maybe <$1/- INFO from SGX. This is...on sales........!!!
| Substantial Shareholder * |
Baring Asset Management Limited |
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I agree with teeth53. The counter seems to be on a sustained slight downtrend. Acc/Dist and Chaikin are heading south.
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teeth53 glad u sold urs at a profit...
this counter just keep slipping even with a good financial year... hmmm...care to enlighten me how you derive that the next strongest support is at $0.70...?
thanks in advance ~
For 2nd time today morning trade...Trading below it IPO price. Opened .935ct, now .945ct
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Wah..!!, went below IPO offer price for the 1st time, alot of buying support at 0.94ct, better trade with more care, next strongest support is at 70 ct. sold my long time back at $1.50
not vested here anymore. caveat emptor applies.
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I've done an analysis on this counter on
www.bear-analysis.blogspot.com For TA enthu, do let me know your comments.
The ups and downs of this counter. Till date, it's still in no man's land, Short term stay out.
Tomorrow going opposite direction again???
dow jones is down 40 points
TA charts still look bearish. Acc/Dist and Chaikin are heading south. Price is also hugging the bottom bollinger band.
i think this causes the drops too.... telling us their sales really slow down.
Dec 2007 contracts secured is USD 1269 million, Jan 2008 0 sales, Feb 2008, 67 millions ( so, they do have little sales at feb la..)
go and read their latest news updates..
it's a good news or bad news? sounds bad to me..
The Board of Directors of the Company is pleased to announce that the Group had no contracts secured from January to February 2008.
that sounds bad to me... that means, the sales managers getting 0 sales in 2 months la ?!
what i'm writing below might a bit out of this topic. so you have the option to read or not on yourself. still psychological in everyone.
Look at the 5000 years of china war history. Make the enemy feel the horror/fearful and when fear gots in, takes the opportunity to wipe out enemy. Take todays $ same like the troop in that time frame. so in stock mkt sometime goes likely to the same, the enemy produce the horror and ...(you know what you going to do on your next step RUN) in the end the enemy eats all up of your troop. got the idea... so u need to guess who is the enemy and what his up to the next move likely to be...
stock mkt is a battle ground. you need to see all sides/listen all new/plan on your next move and decide how to use your troop. in small or big amount that u want to bring along. nobody can be a winner all the time. sometime u lose sometime u gain.
just feel the battle take it like a train up and down, up and down.
if a person nearly die 1 time on the table and now don't know when he'll be gone the next moment. so need to enjoy now. don't damage heath because of $...$ can be make, but heath once its gone very very diff. to repair back.
Well, that's simple. Treat money as not the primary objective in your life. The losses will be light on you. Dun bother much of the mkt gyration and focus on something else. I am sure you have more things to do in your life than just the stock mkt. I treat stock mkt as a leisure place to relieve my stress from work and family. So naturally, my winning and loosing is always light.... I did the "dun see the mkt" on F&N many years back before the stock surge and split. Bought at $7, the $6, but it still spiral down to $4...that time no eye see, once a while take a look and my comments was (I still remember), aiya drop another 40¢, aiya drop another 50¢, next week will be better...hehehe!!! Well, it came back when it made a u-turn at $4. I recoupe back my losses plus some profit. But too bad, I dun have foresight that time, sold off too early @$8+. If not the share went up to $16-$18 before split....So, good luck!
With so much losses incurred, how i wish that i could take things as easy as you ...
168 u r right
ya who knows when it makea a U turn of + or -
if everyone of us in this forum knows! we won't be here chatting and having discussion. stock mkt just a part of our life if u r in player, so don't put to much in it there r more thing for us to care for, just enjoy life and feel it once in a life time
we may be on another side of plant earth having a beer...or seeing...something...
I am not tempted to get in @97¢. I was indeed tempted to take position @93¢ yesterday, but the "feel" was not there....then this morning it ran up from me...hehehe. This is stock mkt. Well, who knows it makes a u-turn to come and pick me up at sub-90¢!
resistance might be $0.97 to $1.0+ for tmrw? if nothing goes wrong for US & China this few days we might see $1.06-$1.1 next week.
just my own analysis. please do your own analysis...
teeth53...u vested in this counter? hmmm...i m tempted to buy in...but technical charts still show the resistance of $0.985...
i m not sure if u guys still remembered previously when YZJ announced their wonderful results and many ppl expect it to shoot up (even when the charts tell otherwise)...and then really after announcing those fantastic results...YZJ never rise...but plunged instead....
so now abit skeptical about reports...
thk cyjjerry,
msg receive a drop by -10 ct, a reality
Yesterday it have gone down so low and yet I didn't average
. I feel silly if I do it now....
ha ha, expected..... it will start to cheong ~
