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Hot Gem

Is the fundamental of this company good?

Maybe 0.195 is abit too low. May consider buying higher

in view of Fed coming decision ( likely lower interest rate).

 

You may able to buy it at 0.195 if STI drop alot... anyway.. it seems armarda, alantac, and lottvis stop dropping and stay flat tis few days... The trading zone for armarda is 0.20 ~ 0.22... I think support found at 0.20... Can buy it now coz i think there will be a good news fr Fed for further interest rate cut in next wk...

 

csk1217, I will q again at 0.195. Didn't get any at 0.195. It dropped from 0.205 yesterday  to close at 0.20 today. I think next few days should hit 0.195. Would you buy at 0.195 too? I am new to trading. I been following my friend's advices to buy and sell so far. Have you been involved in trading long too?

 

 

Actually general market not performing well.... Dunno whether wil continue dropping or not.. anyway, 0.195 is really quite low liao.... trade with care..

 

I just Q 15lots at 0.195. Hope I will get it soon.

 

I don't understand why this counter is dropping. I didn't get at 0.195. Will Q again at 0.195.

 

csk1217. This it safe to buy at this price now? 0.195

 

csk1217. I am expecting a big drop by the end of Monday and Tuesday. Selling short at opening price OK? or Risky?

 

This counter was going downhill for 5 days. It only closed higher at the end of the day. Peoples who are selling Armarda only buy back a bit at the end of the day to make it look attractive. Let those who wanted to clear their stock, sell at a much lower price. I will buy below 0.20.

 

 

leechongpeng, to take note.. 0.235 may be the price to enter again!! support at 0.235 not 0.24... Armarda, LottVis and Alantac may be the time to bounce back again!!!! coz they are all hit Sept 07  lowest pts... i guess they wont go down furthermore..

 

csk1217, today closed at 0.24 . Based on your advises I had sold this counter. Hope you out too.

 

leechongpeng..wat im saying may not totally right... i juz wana to share my knowledge n experience to others... today hit 0.245 bcoz sti -50 pts today.. concern over US sub prime credit market come back again!!. Dow Jone last nite -108 pts... the next support shld be at 0.24.. when shld enter n how low wil it drop will depend on general market performance.. if sub prime credit concern really back again.. it may continue drop.. If tonite dow jone continue huge drop thn i suggest u better watch over 1st n trade with good care..

 

csk1217. You are right. Sold. What would be the good price to buy armanda again? How low will it drop?

 

My own opinion.... "No support can be sustained forever"... if 0.255 is break thn it wil head down to next support 0.24 bcoz Armarda is on downtrend now... Indicator === the highest price on 12/9/07, 2/10/07, 11/10/07 and 15/10/07 were 0.315, 0.295, 0.275 and 0.27 respectively. unless it breaks previous high 0.275....

 

This counter traded very low at 0.255 and 0.26 in the morning and then in the afternoon somebody start buying up volume even at 0.27.

 

one thing i learnt.. never say never..

But armarda seems to be holding well at current level. Just trade with care.

 

It never reach 0.25. And I still holding this stock. Support at0.255.

 

i think 25.5cts shld be a new support, 24cts is a more safety support.

 

Support found at 0.255 ?

 

Going down. I will cut loses at 0.25.