your best chance is when Abu & Siew making move but the question is when? can you afford to wait? can you afford to lose all or does it make any different to lose all now?
if there is any chance the underlying to rebound strongly within short time frame, do not hesitate to exit, forget about making money if your entry level is too high, think of capital protetion
the accumulation volume & price is drawing my interest, the weird thing, underlying still not moving & expiry getting closer, ppl willing to pay for higher premium :)
Never though you are looking into 2 weeks time to accumulate 40k :)
The waiting time to get the converted share is a risk also - 3 weeks time anything can happen.
I heard from someone older telling me their bad experience during 97/98 crisis. While waiting the exercised units, if market doing bungee jump , you couldn't even do any sell order but watch helplessly until the units is credited in your CDS AC. That was a true nightmare
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....
potenza10
1,220 posts
Posted by potenza10 > 2012-10-30 12:04 | Report Abuse
nope..just looking only.not dare since i hold at high price.but volume today looks coming up..