Swing, thanks for the tip again. Will monitor that. Normally I use only max 10% of my investment money to play speculative stocks with cut loss tp of 10%. Can't take the pressure if put more money hehe...
Sean 62 posts Posted by Sean > Dec 26, 2013 03:35 PM | Report Abuse
Hi, am interested to this. wondering is this the right time to get it?
calvintaneng 1436 posts Posted by calvintaneng > Dec 26, 2013 03:42 PM | Report Abuse
Seanlow, No lah. The right time to enter SBC Corp was at 45 cents in year 2010 when nobody wanted. For Year 2014 The Best Buy Is PM Corp(4081) & MUI Berhad(3891) BECAUSE MUI BERHAD WILL BENEFIT FROM VISIT MALAYSIA YEAR 2014.
Sean 62 posts Posted by Sean > Dec 27, 2013 09:00 PM | Report Abuse
Oh... Thanks calvin, his counter is currently being stagnant rite? Just interested o this because just bought their property... Thought they have good future... many development on hand also..
Sean 62 posts Posted by Sean > Jan 2, 2014 11:21 PM | Report Abuse
how come it jump suddenly
... n.... thus... tat was how young.. enthusiastic... naive.. trusting..... sean.... investing life started ... on a somewat unfortunate note..... by missing d change to make abt 20% profit in SBCCORP in less thn a month....... sad sad....
young sean was later observed to b stil enthusiastic... good for him wish him very best... but less naive... n vowed to b more skeptical... much much more skeptical of any guys named calvin or kevin or d like....17/01/2014 14:51
Zu1967. Hai bro. I am not a shark. Just a small swing trader with small capital. My hobby is understanding movement of stock price via a chart and supply and demand. I have been observing pmcorp movement of price for the past few months. Sometimes just lucky. Based on this week chart. It seems that the price is going down temporarily and will up again. If it breaks 24 sen. Chance to go 21 sen level is very high. I will reserve my fund for 24 sen and also for 21 sen. I am not a gambler. I will only invest based on detailed studies plus stock testing. But not always 100% correct but my chance is above 80%.
swingtrader. one question. why of all counters in bursa you only interested in this pmcorp? some more surprise you take months to observe. is there no other counter better than this? how about daya,iris etc....since you read chart, can tell me something about HAPSENG/HOHUP? I bought 200k of each;kindly advise me using chart reading and a big thank you in appreciation from the bottom of my heart. thank you.
Lee9fold. Yes. Need to maintain at 24 sen. I am planning to put buy q at 24 sen. If sales orders are strong on monday i will cancel the order and q at lower price. Just what happened on thursday. I cancelled the 25 sen buy q when i realised that sales force was too strong. I was just lucky. I might be wrong. I believe there will a strong sales orders on next monday morning. As i said i may be wrong. Just wait and see. As usual, there will be technical rebound on the same day. Mikekong. At the moment i focus on pmcorp. Why? Because the company is cash rich co and not speculative stock. Easy to understand the movement of price. Sorry mikekong i will not be able to advise u on hapseng and hohup. It is not only chart reading. Really need to study the company itself. Once i have done with pmcorp. I will focus on other counter.
i think there might be a another round of sell down too...like wad u said...the shark might have left...if no 1 come b support the price then surely will sail to south again...those who buy recently will try to exit and those who stuck longer might exit as well...
zu1967. happy for you. forget this counter go elsewhere to look for good counters.mega cheap sale coming in feb/march'14 very soon. hold onto your cash and buy good meltdown quality fundamental stock.
ayefk. be cautious. mega sale coming month of feb/march'14. year in year out always 2 or 3 such sale in BURSA;so advise you to take profit if you still have and wait for price to retrace .
As long as Pm corp is hovering below 27.5 cts , not much can be done but can go for margin play n and out to make some coffee money also not bad a thing.
Do not worry. I have been through the ups and downs of the market all these years. I know what I am doing.
I have sold some and either way, I am protected. If it goes up, I can sell the rest. If it goes down, I can pick up more.
Chinese saying, 'In every crisis, there is always an opportunity!' This counter has its floor and the real value will emerge when it drops low enough! The pump and dump method is more evident in the top volume penny stock counters with no fundamentals. .
ronaldo96, think that is the time there will complete their take over of epay australia. just hold on, market will come back to chart another high by may'14.that will be the time you'll have to decide to sell or hold.
Pmcorp has failed to continue its uptrend. Is going to be bloody war next monday. Think twice if you are to take buy position tomorrow. This is also not a sell call. Just be careful. I will not take any position tomorrow. No buy order nor sell order. Just watch bro. Technically it will be downward sales pressure but the closing should be higher than the day low level. Dont worry i may be wrong. Long term investors do not have to worry. It is only a game before reaching its final destination.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
humbled
1,715 posts
Posted by humbled > 2014-01-16 17:27 | Report Abuse
Swing, thanks for the tip again. Will monitor that. Normally I use only max 10% of my investment money to play speculative stocks with cut loss tp of 10%. Can't take the pressure if put more money hehe...