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Next week stand by for buy when the sales is triggered.(rebound) Good luck. 
leoleo ( Date: 21-Oct-2011 18:10) Posted:
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I neither believe the news nor chart.I believe this a pump and dump stock. Not to worry sold or bought today ...this a short term panic selling , crazy buying is on the way...just my 2 cents view.
alexchia01 ( Date: 21-Oct-2011 16:23) Posted:
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Now become attractive again...
If below $1...will buy this time.....
Noted..thanks for the advise.....
alexchia01 ( Date: 21-Oct-2011 16:44) Posted:
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i took a position... then i cut loss as well....
didn't bounce like i was thinking it should.. since it didn't.. probably we'll see lower price next week.....
anyways.. i'm a noob.... so lets see next week... =D
You are not getting the attitude of a trader correct.
To cut is to protect your capital, your stop-loss is your guide.
If your stop-loss is triggered, a good trader will get out no matter what and don't look back.
If your mentality is that you think price can re-bounce from here and therefore you don't want to cut, then trading is not for you. It's better for you do something else.
I don't know if price would re-bounce in the short-term, all I know is stop-loss triggered, sell.
I'm just sharing my views, I'm not going to be responsible for your losses.
You have to make your own call.
win_88 ( Date: 21-Oct-2011 16:28) Posted:
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STX Pan Ocean fell as much as 10 percent, the largest intraday drop since March 2010, and STX OSV Holdings Ltd., which makes oil-rig support vessels, declined as much as 9.3 percent. STX Engine dropped as much as 15 percent in Seoul.
The three companies and STX Engine Co. have 1.45 trillion won ($1.3 billion) of debt and loans due before the end of next year, according to data compiled by Bloomberg. Seoul-based STX Pan Ocean, the largest of the group companies by market capitalization, had a first-half loss of $27.7 million as overcapacity in the global commodity-shipping fleet depressed rates.
if u are willing to hold for 10 years... should be able to see a rebound..
win_88 ( Date: 21-Oct-2011 16:28) Posted:
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yo... i still holding some....u mean best for mi to cut loses now and get out ??? do u think theres a rebound in the short term????
alexchia01 ( Date: 21-Oct-2011 16:23) Posted:
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If you don't believe the analyst, you should at least believe the chart.
Today's fall is quite significant, cut through 1 week gain with high volume.
If you are still have some, better sell and get out.
silvermansac ( Date: 21-Oct-2011 16:17) Posted:
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lol... relax. furthermore the analyst declined to be identified. dont dare put name on table.
silvermansac ( Date: 21-Oct-2011 16:17) Posted:
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Remove all noises and wait for the dust to settle next week. Patience is the game to win in the stock market. Good luck.
Don't trust the analyst .They always give 70% wrong direction .
see the order and profit and dividend
s100125 ( Date: 21-Oct-2011 16:11) Posted:
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thats this morning news. stx replied nothing is wrong with financials. that come out half hour ago
s100125 ( Date: 21-Oct-2011 16:11) Posted:
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Those who long better sell now and run.
Tomorow sell down will be even worse
http://www.reuters.com/article/2011/10/21/singapore-market-stocks-stxosv-idUSL3E7LL0C620111021
STX Pan Ocean Co., South Korea’s largest bulk-shipping line, fell as much as the daily limit of 15 percent, while affiliates tumbled on speculation group companies may sell stock to help pay debt.
“There were rumors about the group planning to sell shares and bonds because they may be short of funds,” said Um Kyung A, an analyst at Shinyoung Securities Co. in Seoul.
STX Group has no financial troubles and business is “normal,” the company said in an e-mailed reply to Bloomberg News queries.
panic sell?
abandon ship?????
Look scary as I think more downgrade coming.
Thanks lucky I trimmed a lot of positions. We tend to get carried away at times.
Veteran
Yes you could be right. Mine is most likely just a day trade only.
Korea having a lunch break now I guess.
Laulan ( Date: 21-Oct-2011 12:10) Posted:
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