
Exactly. Nowadays, must not believe their TP, only to be used as reference point . Then do our own homework and look at market trend, then decide.
i guess is really good time to short...too bad ..i cant do it for the next few days..
those analysts TP all wrong...anyway..the market is irrational now la...also can't blame them...u never know if the next moment those TP will be hit...downwards...hehee~ hmmm...over $9 mark this morning...will it stay afloat? hMmm....
Furiously aggressive this morning! If this continues, analysts again will adjust TP. Wow, I should have worked as one.....
It has hit my target to short. Nick/I168..Any of you interested to shrt this "horse"?
will cheer for 888 tomolo

up...up...up...up...888!lol
lol @ AK. agreed!
brokenhearts if u got such lobang pls let me noe too!
anyway, wat u said is correct, but provided you short and clear it by 5pm on the day itself and the commission remain the same. unless u do naked short, then that would be different story.
AK_Francis ( Date: 03-Apr-2008 23:05) Posted:
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Brokenhearts, wah you good lah, making 40% profit on Short. Can introduce or not? Next time round pse post your view in the forum for us to share and earn leh. Tks.
bird, pls cross all your fingers, toes body for me next wed.......thanks! :P
e-bird ( Date: 03-Apr-2008 16:58) Posted:
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please to make myself clear, for instance, i short for abc stock for 10 lots, i sell $ 1.00 and than buy back $0.60.
is the profit $4,000.00 exclude charges.
btw, charges is how much ???? is it has to be sold and brought on that day??Am i right???
thks
Yo eBird you might want to keep track of your trades if possible cause sometimes mistakes do occur. Hehe sometimes they hold your money without you noticing, so if you trade alot, you might want to have a portfolio or something.
thanks idesa and eldarchen. My that short happened actually a few weeks ago but i guess i never hear anything so nm lah.. if i needed to have topped up my broker would have rung me. I guess the extra $$ went to my other losses....
hm.. wonder how SGX/FTSE will be tomorrow.. dow in red than green than red.. almost as fast as my heart beat... mkt now scary
Yo E-Bird try calling after T + 4, your dealer will be able to give u an exact figure cos the report comes after T + 4. Also remember comm for naked short is 0.75 and other charges also, so do not be surprised if the figure is different.
Btw Ideas do u get to see counter party if u use iOcbc?
Hi bird, what a nick...hehehe!
For my case, I knew I made from my 2 lots bcos at T+4 SGX was trading way below my shorts. Hence I did not bother to check with my broker about that and waited for the statement to arrive in my letter box. Infact, when I received the statement, I also did not see the detail bcos I see only the bottom numbers which is $1,168.86. I dun usually look at statements from my iOCBC bcos I trade often and every trade they will send my statement from the broking house as well as CDP statement. I have tons of them if I have to read all of them.
I suggest you give a ring to your broker and check with him if you are concern. I think if there is a top up needed, it will be shown in the "Account" window. T+4 will be good to ask him and I believe he will be able to advise you. Cheers.
hey ideas,
when you naked short, when did they tell you about your profits? I naked short and i think i make money not sure cos of the higher commission by SGX but i never hear from them if need to fork out or i can pocket. Cannot be exact right?
thanks idesa bro! u make me day! i am not greedy...766.76 would be good but before that happen, i will have 5days of sleepless nite (lol)! 2moro onwards i can only stare at this counter...wish u all the best!
mmm...I remember very clearly the profit I made in my last naked short...$1,168.86. So viruz maybe your profit this Wednesday is $7,667.76...or $766.76....Have a great evening! Cheers!
Hi bears and other brothers, this seow burger really us mad. No free beer for me tonite leow, fingers itch and didn't expect it cheong so fast immediately after lunch. Those burgers pre Q Seller price in steps thus I couldn't even got time to note down the changes and volumn done on each bit traded. Alamah, tomorrow how to treat this seow counter, really no prediction from me, blur leow.
Nonetheless other blue chips like both Keppers and SPC done well today, ok lah, good consolation already.
The break of 8.85 was not convincing enuf.... just touching 8.87 and drop almost immediately. I dun consider this a break. Now we shall consult Uncle Jones tonight! Have a great evening.....Virus, aiya, I think you are not going to have great days ahead. But dun fret. I naked shorted once and same out $1K fatter. It can happen again here with you! Just enjoy!
it closed down at $8.80...from 4.59pm price of $8.86...hmmm...some hope?