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YZJ Shipbldg SGD    Last:2.12    -0.01

Massive selldown for Yangzijiang

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singaporegal
    27-Feb-2008 15:45  
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Bollinger bands are really tight. Large price change may occur soon.

Also, the Acc/Dist and Chaikin charts are looking bearish still.  
 
 
Naproxen
    27-Feb-2008 11:54  
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Yes Jerry, just dumped it at $1.23. Breakeven. My friend cut loss yesterday before closing at 1.21. I waited. Its pure luck this time.
 
 
freeme
    27-Feb-2008 09:51  
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Initialy i also wan to hold, but too massive selldown.. i also cut lose during a rebound at abt 1.4

From TA, YZJ is has already form a base at bottom liao. Anymore throw down of shares until 1.15 I will most likely enter liao as i dun see it going any further down.. Though it hit near bottom, but the uptrend wont be that fast also..
 

 
cyjjerry85
    27-Feb-2008 09:46  
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honestly, i have vested but gotten out to cut loss...wanted to keep it for a longer term as its fundamentals look really good...

however those BBs keep throwing YZJ away...and when they throw...they dun give face..dump in massive amounts by hundred thousands or 1million shares...its scary la...cut loss first...but will be interested should it hit rock bottom and show any sign of recovery through its technical charts

i m monitoring it cos have a buddy who vested...see lots of buzz around it too...so just came into this thread for some input
 
 
giantlow
    27-Feb-2008 09:33  
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wah cyjjerry85, u are monitoring YZJ very closely eh.

are u vested?

wat is your dividend forcast for YZJ 
 
 
cyjjerry85
    27-Feb-2008 09:28  
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Naproxen..have u taken the quick profit? YZJ seem poise to come down again...looking at the buy/sell queues currently
 

 
cyjjerry85
    27-Feb-2008 00:38  
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Naproxen~! hope you will profit tml...as little as it may be...even with $0.01....it is still not a loss...wish you good luck~! play safe better lah....many ppl stunned by this counter too...saw CNA forum ppl also many loss...currently China plays are weak..tt's why...those BBs were throwing and selling down in mass

 

gEez...horpeng...its always good to see honesty yea~  
 
 
horpeng
    27-Feb-2008 00:32  
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thousand apologies to limhpp for erroneosly clicking at the rating while scrolling this thread. sorry.
 
 
Naproxen
    26-Feb-2008 23:31  
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Jerry, actually I was in the 1.27 Q very early this morning. But I changed it to 1.29. Hahaha, it never reached. Then bought somemore at 1.21 just before closing.

Will dump it tomorrow with slightest profit. Cheers!
 
 
cyjjerry85
    26-Feb-2008 23:14  
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more confident if it breaks upwards above $1.28 to close
 

 
giantlow
    26-Feb-2008 22:47  
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base on the charts, YZJ is downtrending with very strong support at between 1.14 to 1.16

barring external shocks, i dun think YZJ will fall below $1

and much less return to its IPO price anytime soon.

 

a point to note is that the China Stock Mkt seems worrying now.

may have adverse impact on YZJ
 
 
 
idesa168
    26-Feb-2008 22:29  
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wah...you had just made me very guilty now that I neglected my day job....tomorrow I shall sweep the office floor harder to compensate for today's wrong doing. I am just a janitor who knows a little about computing and share broking...lol!!! Money Not Enough, must make $$ thru sideline.
 
 
Eldarchen
    26-Feb-2008 22:15  
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hmm ideas no need to work meh , can keep track of stock market so well ; )

full time trader issit

btw talking about that, seems like long time never see remiser king post liao hor
 
 
Naproxen
    26-Feb-2008 22:09  
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Foreign fund managers at work. Target price $1.40. Instead of the previous high.
 
 
idesa168
    26-Feb-2008 17:11  
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Elf, dun like that lah... I have to pay for the word "no", that's easier $$ than punting...lol. Yah Eldarchen, shorted YZJ at 1.24 and cover 1.21 some minutes ago, I dun have CFD. Just $300 profit. SPC a little more than YZJ and needless to say, my dear SYNEAR is making me obese...lol. Honestly I nearly wanted to LONG YZJ, but I pulled out in the last second....I must remove my ENTER key in my keyboard, very itchy fingers...hahaha! OK, I am now looking into buying SGX and Chartered tomorrow. Elf, please dun charge me for these 2 counters again! These 2 counters had dropped quite an amount now that it looks pretty tempting to LONG them.
 

 
cyjjerry85
    26-Feb-2008 16:58  
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seems like all those fund managers are running out...guess no one would expect it to go down at this rate even after reporting great results...super disappointing
 
 
 
freeme
    26-Feb-2008 16:36  
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YZJ really disppoint many...
 
 
limhpp
    26-Feb-2008 16:20  
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Nowaday good results mean taking profit time.
 
 
Forglory
    26-Feb-2008 16:17  
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even good results cannot make this guy run up...
 
 
Eldarchen
    26-Feb-2008 13:50  
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hmm ideas u short with cfd or u short mother share ?
 
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