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this counter will have to buy at based before can buy else with low vol, if the market worsen also dunnoe how to sell when ppl wanna buy.
personally like this counter except its low vol.
After a brief rebound, it continues to fall as expected.
Is it better to buy and hold or buy and sell? Let us take 2 examples - CAO and Citiraya. Let say you sold CAO near its peak before it was suspended. Then you bought near its low upon resumption of trading and sold near its recent peak. You would have made about double than if you bought and held. Another example - you sold Citiraya near its peak before its troubles began. Then you bought at $0.105 upon resumption of trading and sold at its recent peak of $0.22. Its current price is no where near its record high. So you would have made a loss if you bought and held instead of a profit if bought and sold.
Even bad things can happen to market darlings. The longer you hold, the greater the risk because there're a lot of uncertainties which you cannot predict. If you've not learnt from these, then you've learnt nothing.
low vol got good and bad
good cant think of any yet
bad, can sell and buy at ideal px. worst u cant sell at the volume u wanna sell
It was down $0.02 all day to $0.805, before the last trade closed unchanged.
Can make more money trading the ups and downs than buy and hold. With each sell, my money increased and I'm able to buy more. That's the power of compounding.
Yes, I totally agree with what Cashier said about charts...
Like him, I am also strictly a chartist... to me, the price chart is a treasure map.
The chart is our friend and guide, thou not always correct. howevr look at Banjoo case where some od us here knows my saga against another dreamer aka visionary. Look at BanJoo now. the chart didnt lied to me than. never regret selling Banjoo thou it has great "potential".
A co. potential is nothing till it start expressing it in its stock px. same for best world.
this is what happening exactly the whole day...
| 17:05:03 |
0.830 |
4,000 |
Sell Down |
| 16:46:29 |
0.835 |
2,000 |
Sell Down |
| 16:37:30 |
0.850 |
5,000 |
Buy Up |
| 15:25:41 |
0.855 |
18,000 |
Sell Down |
| 15:25:15 |
0.855 |
6,000 |
Sell Down |
| 15:22:14 |
0.865 |
3,000 |
Sell Down |
| 13:59:01 |
0.885 |
25,000 |
X |
| 08:59:02 |
0.915 |
10,000 |
Buy Up |
Yesterday's rise to $0.93 was just to cover the gap on the chart. It's back to $0.83 again. Back on its down trend!
I agree so very much with Cashier... :)
Sentiment for this MLM counter is not very strong at this time... especially after that somewhat negative article on Financial MLMs in the newspapers a day ago.
More downside is likely...
I personally love this counter, but just like Cashier, I will get in when the time is ripe and then "squeeze the juice" out of this counter... hehehe.. 
good counter with great potential. but i also know the market is always right and never jump the gun. i have good vision of this co. but i trust reality more. when the time to come and buy has arrived, we will know and buy.
DWL is a bad counters really for TA as the volume is too low to do a real TA on it. i agree on most of the readings and views here as they are unbiased. i am too looking for a low px to buy again. i traded BWL once and it was a profitable trade with always 30% gain i am looking to keep the good record intact. will not be vesting till further sign is clearer. FA wise may need 2008 to confirm the biz model is working well as plannned.
Somebody keep saying that the price has been rising when it has continued falling except today with 1 transaction. They keep talking good things. Well, talk is cheap. Don't just say it, show us the professional chart.
the style "they "wrote indeed the same person, just like talking to himself, it's very entertaining.
nah.. MLM product not my appetite..
60 cents, then, I might reconsider
Best World chart.
jackjames, you mean the *bull*. I believe they're all the same person.
I'm very happy that Best World has fallen continuously so that I can buy low. Let me tell you why I'm very bearish. It broke the $1.00 support which coincided with the 200day MA. Long term support has been broken. Support at $0.93 also broken. The last time it fell below the 200day MA, it took 5 months to recover.
Cashier's chart-based decisions are objective... (though not correct all the time, it is a safe bet)
cashiertan, that's 4 bulls.
oh those 2 bulls over there, hahaha they provide entertainment. i believe best world FA but i dun think the chart will lie thus will enter BWL only when time is correct. at the mean time, money is best put or park elsewhere.
 x 1
 x 0 |
This counter is only up ahead of its 1 for 4 bonus on 24/9. Once is goes XD the next day, you can expect it to fall. Maybe more than 20%. |
Since my post, Best World has kept on falling as expected. One support broken after another. Read this thread if you want to hear the truth, unlike
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=76
I've profited from buying low and selling high and short selling, instead of buy and hold for several years. Enough said.
