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Mkt tumbling..but STXOSV regain its composure...turn green since 12noon now qt $1.61..well supported $1.56-$1.59
tglim74 ( Date: 18-May-2012 00:34) Posted:
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likewise...shall see how it pan out.
rotijai ( Date: 18-May-2012 15:19) Posted:
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this stock is always very interesting to see.. (not vested)
It is to trap those who are greedy, when their whole watch list is in RED and only this counter is Green, they thought something big is gonna happen.
it's all psychology.
I just hope people don't get too greedy, get some profit and stay sideline rather than throwing hard earn money away when it come down, which probably is real quick!
it's all psychology.
I just hope people don't get too greedy, get some profit and stay sideline rather than throwing hard earn money away when it come down, which probably is real quick!
jamesng ( Date: 18-May-2012 15:13) Posted:
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Will any companies want to buy the stake at high price at this environment? The only hope that keep it from dropping is that the sale of the 51% stake is at a high price......if not, what is going to happen....even Kepcorp drop from 11+ to less than 9.80 now....
Stamford land sign a MOU to sign 3 hotels but it did not go through at the end of the day....anything can happen......
Yeah, i worried too.... but i am betting...
Wah, there r ppl who r professional full time trader like me, trading for survival. n there r ppl who works n trade (we like these ppl alot)
so when the news come please allow us to enter a position first becos we rely on these to survival, lol. then u guys enter, that should be fair.
so for part timer u wont be able to pick cheap n news come n stock shoot up, u can be only follower. unless u want to be like the rest of suckers tat try to outsmart the mkt by buying cheap n early based on technical analysis.
wah1079 ( Date: 18-May-2012 11:03) Posted:
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Wah, allow me to scold u first....foolish.
consider urself lucky to only lost 10K, or so.
dont short a counter pending for news release, Trading Halt.
with the amount u lost i can estimate u short big time, wat if u short n mkt goes into Trading Halt? n the purchase price is $2, once Halt lifted every single one will withdraw their queue (that when i am waiting for to profit), u will be seeing the price rise in second towards $2. then u got to buy at $2!!!!!!
please learn a lesson from here......as shorties one single thing we r worried is Trading Halt.
wah1079 ( Date: 18-May-2012 12:22) Posted:
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haha....dumping soon....anyone joining me?
but why the pumped up and dump...
CrazGreed ( Date: 18-May-2012 12:57) Posted:
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it will drop below 1.53 today...stay tuned
those who want to exit their long position should sell now.
it's not going to hold anywhere above 161 for long.
buy when it come down again...i believe there was some funds buying when it was at low this morning.
just my 2 cents worth :)
it's not going to hold anywhere above 161 for long.
buy when it come down again...i believe there was some funds buying when it was at low this morning.
just my 2 cents worth :)
wah1079 ( Date: 18-May-2012 12:22) Posted:
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Lose a few thousand bucks
How many lots did you sell? At what price? How much did you lose? Share the pain.
Stocks always drop after you buy and rise after you sell. It is like dancing with the devil.
wah1079 ( Date: 18-May-2012 11:52) Posted:
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yeh rise only after i sell...........@#$% Suay ah
wah,.....salt fish alive.......impressive....thought no hope le......
It has started to move up, but keep viligant....
ok...as i said...it will rise when it comes to noon...if u want to cut loss, u can do it now...
But i am cancelling my short too. Not suggesting to long too...perhaps i am too chicken.. :) happy weekend ahead
Hi all ok i gt a stupid question here cos im very new to trading. How do you know the indication to buy in a share? When the price keep increasing or ?Just like now, know there's news come in, and the price is low now so do we go in now? or to wait till the news is affirm? then by then price would have shot up already isn't it?
tks all advice!
Just read this:
After the market close, STX Group responded to a request by the Korea Exchange to clarify on the market speculation arising from media reports about its finances. STX said it is considering selling shares of its affiliates STX Heavy Industries and STX Energy via an initial public offering or establishing a special purpose company jointly with KDB to sell its assets.
Shareinv.com 17 May 2012 4:40pm
So now I am sure that news will be coming.