
Hi veterans...need some advise..bought this baby at a silly .8 due to all the recommendations at that time before the tightening and when I was super busy. Now..not sure if I should throw in the towel on this one or add in more at a lower price to mitigate my loss. What do you think the strategy should be? Seems that there are mixed reactions to this stock on this forum
Do you mean...
To wash, listen and act? ...

When 2 sages agree on something in this forum, I wash my ears and listen.
I agree with you... :)
Trend is something no one should quarrel with...
After all, trend is a recognised science, and not simply a gut feel...
It has underlying causal factors...

The trend is weak n may go down further , ADX is at 37 n is still rising while DIs are negatively placed . It may go down to 31 cents since the neckline has broken .
iPunter ( Date: 08-Jun-2010 06:45) Posted:
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Next stop will probably be .35 first ... before it can go lower...

Last 2months when I went to China in a 3 tier city, in a shopping centre where there is a new launch of a local China property developer and the salesgirl very direct.
I ask her how much she says 700k rmb for a 100sqm, very affordable.
Then I say I am a foreigner, she lucky best and shove me to another show room.,
telling me I should consider another plot adjacent to this development site
These are for HongKees and Shenzhen investors, good for speculation. Everyone doing, sell away after making some gains.
From the experience, I think China is really in the verge of a bubble as the effect has spread to 3 tier city. Shanghai property price for the high end really never drop, but hovering. Think the Tsunami is awaitng its time to slash its forces.
Come , The Middle Kingdom,,, Earthquake at Property prices going to happen soon.
God bless the innocents.
Ying Li : 25cents
Good for China to pause n take a breather. At least logical minds prevail over there. Yingli is still on my long term radar although mid term I got other fish to fry.
In a piece of desert with soaring temp of 40 deg they overbuild so much without thinking most of their 'population' r foreigners who probly would prefer better climes if they had a choice. Free flow of oil money does that to logical thinking.
iPunter ( Date: 05-Jun-2010 22:17) Posted:
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I'll only be buying stuff that I feel has been unfairly depressed. Though low can always go lower. So must have holding power.
iPunter ( Date: 06-Jun-2010 10:03) Posted:
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Oops, all the best dude. But being iPunter, I'm sure u will come out of this in one piece!
iPunter ( Date: 05-Jun-2010 08:47) Posted:
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If they (any stock) fall from here onwards, those who can afford may buy as it falls...
Since the market is already at quite a low level, this may make sense,
And when the rebound finally comes around, cheers will be all round.
Anyway, this is just a likely scenario, and not a suggestion...

20 cents on the way.
At this moment, if one drives pass certain areas,
there appears to be an impression of oversupply.
with so many condominiums sprouting up everywhere...
No one ever thought the Dubai real estate world would end up like it did only recently ...

Bad fundamental.
http://mystocksinvesting.com/singapore-stocks/ying-li/ying-li-fundamental-technical-analysis/
i am totally with you. this is too yummygd counter
E-war ( Date: 05-Jun-2010 07:58) Posted:
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I should think that price (.25) mentioned by sifu FearValueGreed is not too far-fetched...
Especially considering the proven unpredictable nature of the stock market...
Anyway, I am holding nett long in a couple of counters at this moment,
thus I am now sweating and biting my nails after last night/s huge Dow fall (-323 pts)...
E-war ( Date: 05-Jun-2010 07:58) Posted:
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could have more room to drop. good, now more time to accumulate powder before the big bang.
Yes I bought quite a lot at 0.39 cents. It's a big bargain at that price. The IFC building is target to complete in Q2, 2010. Once completed, the announcement will be made and I believe everyone will start to notice Ying Li again. The public are just afraid of the Chinese government crackdown on properties but they are not fully informed that Chongqing is quite a different place. Read the OCBC reports or other reports about Chongqing first before you bet on Ying Li,...