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Dow opening went down about 150 points. Now it's mixed...
I am burnt and think my courage is gone already! :(
The good news from CNA isn't really that great as compared to ISDN..
Agreed, maybe CNA should duplicate the way ISDN do.. slowly release the good news.. But they also very suay, should just release the good news when market is in a better share.. Now release, also kenna whack down by shortist.. sigh.. Heart-break to see CNA go down everyday.. they deserve to be at least a 20cts-stock.. but well, the good thing is, it gives us a chance to get it even cheaper and stock-up..
Good luck for those vested in CNA.. hopefully we can see 20cts by next week..
Stockcham ( Date: 11-Jun-2013 22:26) Posted:
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Huat Arh!!!
I would see it this way. Pennies will still be weak until Friday. Monday morning drop and afternoon recover. End of selling. This is just my guest. Of course it is better for the Index to quickly touch the support so that it can rebound sooner.
I think today many shout SHORT ah! Let's shout HUAT AHHHH!
Good luck and huat ah!
Stockcham ( Date: 11-Jun-2013 20:05) Posted:
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Management of ISDN very clever. Got many news don't one time announce. I think got some leak news and their shares chiong and then halt. Halt lifted still chiong then halt again to announce. How many times halt liao. Halt until their shares go up so high. Who knows, maybe today's chiong back will lead to halt again. CNA management should learn from ISDN. Don't one time announce so many good news. If they follow ISDN style, I think their price would have been $0.20 by now.
expertinvestor ( Date: 11-Jun-2013 22:01) Posted:
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Bro Mrbat$$$, do you play contra or keep for TEE?. There is strong support at 0.335 and 0.355-0.36. You can see that it managed to claw back to close at 0.36 even before touching 0.335 support. The recovery is very good. If we are in the normal market condition and it claw back like that, the next day will likely to move up. But since the market is soft at the moment, it may affect TEE if the overall pennies drop too much. But I can see that the drop is quite limited liao for this counter unless there is some bad news yet to announce. Why I said that? Because this counter drop back too fast to the price before uptrend. Anyway, if I'm keeping this, I won't sell at this price. Good luck!
Mrbat$$$ ( Date: 11-Jun-2013 20:45) Posted:
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Will buy Lorenzo n WE Hldgs Tmr if it drops further Tmr.
You are not alone haha ! But didn't lose much... ISDN is a very difficult stock to read.
Stockcham ( Date: 11-Jun-2013 21:47) Posted:
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Thanks Bro iluvboost, that's a good chart to show bros . Looking at it, it may go either way. Based on the slant line drawn on the chart for tomorrow's presume price, there is also a possibility of hitting 1.315. If tomorrow red again for this counter, then likely to drop further.
iluvboost ( Date: 11-Jun-2013 20:59) Posted:
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Heng ah Bro jie1313! I thought you say you are unlucky after hearing me. I shorted ISDN too this morning at 1.155 when it starts to chiong up. I normally don't short because don't know how to short. It continue to moves up to 1.175. I monitor for nearly 2 hours for it to drop back. Didn't managed to do my work, wasted my time. It looks strong. Finally when it managed to drop back, I coveedr back at the same price. Loss commission. Ni na ma, 2 hours for a dying person is a long time.
jie1313 ( Date: 11-Jun-2013 21:10) Posted:
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anyone has comments on OKH global?
one of the few counters in the green today and quite resilient to the current market condition. or is it because of its news today?
Bro stockcham, sorry for being unclear, not sway ie unlucky, i meant sway as in my earlier intention somewhat change after hearing ur tots.. i.e. got convinced by u..
Today shorted isdn, lost $3k. This is the suay (unlucky). Damn
Today shorted isdn, lost $3k. This is the suay (unlucky). Damn
Stockcham ( Date: 11-Jun-2013 20:32) Posted:
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Thanks for the index, i saw WE is inside this index.
today closed 3 more counters, only left 2 with good FA, and 3 bluechips with strong dividends. will stay out for the time being.
Stockcham ( Date: 11-Jun-2013 20:05) Posted:
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Aussino another LJ stock, lucky sold at 0.132 with profit else also die
Hi stockcham,
I have cut lorenzo today loss 2.1K now left tee int.
What do u think of tee int now ? Can hold or i should cut ?
I have cut lorenzo today loss 2.1K now left tee int.
What do u think of tee int now ? Can hold or i should cut ?
lol if you are still feeling suay after hearing from stockcham advices, it means that stocks are not for you, its better for you to keep your money in the bank than to lose it all in the market. Lol
Bro jie1313, I don't quite understand what you mean. pls enlighten me!
jie1313 ( Date: 11-Jun-2013 08:10) Posted:
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ABOUT PENNIES
When will the Pennies recovers?. I have check on this.
FTSE ST Catalist Index captures most pennies' movement. Today, the Index closed at 1074.13. The strong support for this Index is at 1059.04. This support should hold well. If market sentiment really that bad, then it will go down to 1051.85. If these 2 cannot hold, then Pennies really jialat liao. The 2 recent corrections take 7 days to stop. The much serious one in March rested for 2 days after dropping for 7 days, after that it starts to moves up. Today is the fifth day. We have 2 more days for the Index to drop to touch 1059.04. Taking the previous slide as a reference, Friday should be the day it stop dropping or may rebound. Of course, it doesn't necessary mean that it must drop 7 days. It may drop for 6 days or 8 days, who knows. But the most important is to take note of this index. When it touches 1059.04, can try to buy some. The risk is much lower.
So bros, prepare for this BIG day. Good luck!