What's so special abt this stock? U know lah.. New IPO, worth to bet when it reached the bottom. Just discussed this strategy with a group of bursa veteren players. The advice I got is to play in this way for the next few days. Should be quite safe, unless it really shoot up. Then no choice, have to wait lo..
Good morning everybody here n to sengkee good luck n happy trading. I'll be following u to accumulate some later on probably when the price is around 23 sen n below.
oh and good luck to u too. For what it is worth, i think westport is a good long term investment as u suggested. in times of volatility, that stock is solid as a rock. and to bounce back above ipo price after ex date? really solid.
If I'm not mistaken the IPO is 23 sen n now is almost touching the IPO price which I think is cheap. I don't think those who applied during the IPO n got their shares r willing to sell their shares lower than 23.5 sen n that also only made half sen. If v can get below 23.5 sen then they must be from the directors/major shareholders as their cost is only 10 sen n if they sell then they r not a good directors/major shareholders n is not good for this company. This is my opinion only. Trade at own risk.
actually should there be anyone who would wanna sell below 23.5 cents would be those who bought at 23.5 and cut loss within contra period. however looking at the volume i think those who bought at 23.5 would wanna go for midterm or long term.i really hope im right haha.
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....
Tan Tian Soon
109 posts
Posted by Tan Tian Soon > 2014-02-28 15:22 | Report Abuse
Dun wan see le lah. Next year only comment at here