put it this way, im sure you have seen it, market rally, the px relatively stable, market crash this h5 also px can go down. Conclusion, this doesnt follow market. If u want play this, i suggest u understand how the sharks work n hopefully you are on the same boat heading the same direction as them, then ull make loads of money. if u want follow market go find a warrant that is more correlated with market movement. instead of waiting for magic show to happen with this stock, if u believe in ur market reading skills, use your capital for those warrants or if u have higher risk appetite, open a futures account and trade directly, ull be making alot of money by now instead of waiting here for px to go 0.15 la, 0.20 la. anyways your money, your choice. Good luck, hopefully no on here gets burnt too bad.
check the premium before you buy any put warrant and also, put warrant follows FKLI, not KLCI you're gambling put/call warrant if you don't know how it works and didn't set any SL/TP might as well go to genting casino
if u all wanna bring down klse, easy ... just find out any misconduct by the pm and 1mdb ... if you can lar ... else just see klci go 1800... and btw ... do consider the expiration of H5 ... although is 2016 but who knows klse only crash in the month of the expiration of H5 ?
do you guys know that the stock market has not crashed yet, 2015 is a bad year and Q4 will record poor performances, hence risk Q1 index dropping further down. If you look at Dow, HSI and KLCI, it has not bottomed yet.
I had averaged at 0.110. The index is very dynamic, the whole world watching on US Fed rate hike. If the rate increased this year, it will be a stock market crash globally. I presume they were about to issue the rate hike on Sept, hence entered this put. Now speculation it will be postponed next year. I have my cut loss target, but losing a lot at this stage too.
The exercise level at 1500, hence if index settle closer to the exercise level, H5 will consolidate higher points. On 4th-Sep, when put was issued, the index was correlating with main share around 15++, and that's why it was higher than 0.2. Can KLCI survive above 1700 until end of the year? That's a million dollar question. There are bad news and good news. I think the bad news still prevail due to US Fed rate, and IMDB crisis. Worse, Malaysian stock, do they perform in Q3 and will they on Q4? That will certainly influence KLCI, so finger's cross. Trade at own risk.
It all comes into sentiment in whether KLCI can plunge, but real driver is also blue chip stocks. Companies are suffering on quarterly results. Q3 and Q4 is the worse for most. Look at oil and gas alone
In 2008 DJ lowest is 8000 pts and bull run until 2015 peak is 18,000 pts, so imagine in just 7 years the bull already run up 10,000 pts......u think the bull still can run up more???? This bull is about to collapse anytime!
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....
stars
21 posts
Posted by stars > 2015-10-13 21:35 | Report Abuse
put it this way, im sure you have seen it, market rally, the px relatively stable, market crash this h5 also px can go down. Conclusion, this doesnt follow market. If u want play this, i suggest u understand how the sharks work n hopefully you are on the same boat heading the same direction as them, then ull make loads of money. if u want follow market go find a warrant that is more correlated with market movement. instead of waiting for magic show to happen with this stock, if u believe in ur market reading skills, use your capital for those warrants or if u have higher risk appetite, open a futures account and trade directly, ull be making alot of money by now instead of waiting here for px to go 0.15 la, 0.20 la. anyways your money, your choice. Good luck, hopefully no on here gets burnt too bad.