ya.. they will push up the price.. and sell the rest of their cheap priced stock at a higher price to earn
johntanyg ( Date: 22-Oct-2010 15:03) Posted:
i get what u mean. as of now, the trend seems like all parties r accumulating at 1.12-1.13 n waiting for something to happen... once big fish collect enuff they will start to sell at higher price - thats my analogy...
elton81 ( Date: 22-Oct-2010 14:50) Posted:
why would they have to bid higher price? they can simply short it down like what they did to make it drop from 1.17 to 1.12.. than slowly accumulate to cover their shorts.. and start from a lower price to accumulate again coz they have the capital.. but for retailers.. fear of losing money because they cant control the market will cause them to sell their holdings.. and from the way it looked.. MIT already chionged 20% on the 1st day of trading by opening at 1.15.. .. what if.. it cover back the gap from 0.93 to 1.15? lol would u throw if u see it fall to 1.0? lol
i get what u mean. as of now, the trend seems like all parties r accumulating at 1.12-1.13 n waiting for something to happen... once big fish collect enuff they will start to sell at higher price - thats my analogy...
elton81 ( Date: 22-Oct-2010 14:50) Posted:
why would they have to bid higher price? they can simply short it down like what they did to make it drop from 1.17 to 1.12.. than slowly accumulate to cover their shorts.. and start from a lower price to accumulate again coz they have the capital.. but for retailers.. fear of losing money because they cant control the market will cause them to sell their holdings.. and from the way it looked.. MIT already chionged 20% on the 1st day of trading by opening at 1.15.. .. what if.. it cover back the gap from 0.93 to 1.15? lol would u throw if u see it fall to 1.0? lol
johntanyg ( Date: 22-Oct-2010 14:39) Posted:
but u see, bb-trader, big fish can queue at lower price but as long as majority stand their ground cos if sell now will lose $ big fish also bo bian have to bid higher price?
unless there r pple who got cold feet cut loss n sell
but i believe now market sentiments gd. ppls will chiong to buy so this slide down is a temp effect only
hopefully it will rise soon b4 my contra end date
i dont go for big earnings, just some pocket $ can liao... dont think thats too much to ask (nt greedy)
why would they have to bid higher price? they can simply short it down like what they did to make it drop from 1.17 to 1.12.. than slowly accumulate to cover their shorts.. and start from a lower price to accumulate again coz they have the capital.. but for retailers.. fear of losing money because they cant control the market will cause them to sell their holdings.. and from the way it looked.. MIT already chionged 20% on the 1st day of trading by opening at 1.15.. .. what if.. it cover back the gap from 0.93 to 1.15? lol would u throw if u see it fall to 1.0? lol
johntanyg ( Date: 22-Oct-2010 14:39) Posted:
but u see, bb-trader, big fish can queue at lower price but as long as majority stand their ground cos if sell now will lose $ big fish also bo bian have to bid higher price?
unless there r pple who got cold feet cut loss n sell
but i believe now market sentiments gd. ppls will chiong to buy so this slide down is a temp effect only
hopefully it will rise soon b4 my contra end date
i dont go for big earnings, just some pocket $ can liao... dont think thats too much to ask (nt greedy)
BB-trader ( Date: 22-Oct-2010 14:33) Posted:
if big fish want accumulate more, thay must push price down first, after rise back to 1.15 ~1.18, more small fishes give up it to big fish,
but u see, bb-trader, big fish can queue at lower price but as long as majority stand their ground cos if sell now will lose $ big fish also bo bian have to bid higher price?
unless there r pple who got cold feet cut loss n sell
but i believe now market sentiments gd. ppls will chiong to buy so this slide down is a temp effect only
hopefully it will rise soon b4 my contra end date
i dont go for big earnings, just some pocket $ can liao... dont think thats too much to ask (nt greedy)
BB-trader ( Date: 22-Oct-2010 14:33) Posted:
if big fish want accumulate more, thay must push price down first, after rise back to 1.15 ~1.18, more small fishes give up it to big fish,
ya tats what i tot so also. but pls advise me, i paint a scenario to for you:
ytd, alot of buy and sell at $1.15 and $1,16, means alot of ppls stuck at this price so of cos they will wanna sell higher
if BB wanna short them n a huge amt of pple who bought at 1.15 who dont wish to sell then how in the world would it drop if the seller dun wan to sell lower?
I mean how do the BB influence the prices to make it drop further? its quite scary if you think they have the power to do so
goodness, bro, i really find it difficult to grasp the trend.
but i will call n tell them to max my days of holding
thks for the valuable advise bro elton81 n master anthony
elton81 ( Date: 22-Oct-2010 12:17) Posted:
coz the fear factors starts to kick in already.
john.. max trading day for contra should be t+5 u should ask ur remiser to give u the max amount of days to maximise ur days of holding.. anyway.. there are alot of risk if u dont have holding power.. gotta trade with care.. :)