u bought because u hv so muc $$ and dun know where to put at.

regret no play contra for lcl, if not i can hv 2 plates of kfc for today.

This post has been edited by sampool: Jul 22 2009, 04:37 PM

ok i think the market's tanked. changed my mind. gonna cash out on some of my positions.

Warrant nearing expiration.

one thing i dont quite understand..
i noticed that penny stocks now are more sensitive to FBM KLCI, on the downside, not upside..

whenever KLCI rallies, penny stocks only go up 1 or 2 cents..
but when KLCI jitters a little, penny stocks will have a big reaction..

末日- Armageddon
窝轮 - warrant

IOI-CI exercise price is 5.50 and will be expiring next week. So by next week, in order for it to stay 'alive', IOI mothershare need to go beyond 5.50 in a week time. If not it is like a 窝轮 suck your money dry.

We have kiasu culture ma

cantonese :-> "mut yat woh lun"... LOL am i right ?

I think most of us here already notice this...

how come warrant = 窝轮
phonetic translation or?

I'm no expert, but I think the key is not knowing when to sell..

It is deciding how much you want to make and sticking to it i.e. selling when your own decided target is met. The trouble with the vast majority of us is : GREED!

So when our target price is met, we still ask : should I sell now ah or wait some more ..?!

Exactly!

i am confused about that as well
My portfolio just shed 4K in the last hour. I'm not too worried because I have total and absolute confidence in the counters I have so carefully selected <ahem>.

Also, I am convinced that a lot of people selling down at the end of the session (like today) cannot possibly have made any money at all.

Well, sometimes have to revise target according to market sentiment. My mistake previously was to sell according to my target, earning is less than if I still hold until now, which give me about 2x the return

so scary ah...

probably penny stock MM's are getting rid of ikan bilis like us by giving red light..... just a view....
will KLCI drop further b4 gaining back like DJ did?????

Ppl buy penny stock for swing trade, while expensive stocks are for real investors. If trader see situation not convincing. they will cut loss, rather than wait till next life. This is the kiasu culture that we have.

Well, I agree with that as well. I have a target price pretty well worked out for all my counters based on TA/FA and a host of other factors. So, I'm convinced that I will eventually get to (or close to) my target price at which point I will sell.

It just so happens , it's not today

BJtoto 4.30 liao, any takers?

Yes...I can see your point there as well.

I get the impression that quite a view in the market are happy to gain (or don't mind losing) a few hundreds. So we do get these swings in the penny stocks especially when volumes and liquidity is so very low in some counters.

Oh man what happen to XinQuan?

my remiser call this kun choy koo (coffin warrant).

I call him this morning he say chee sin this also you buy, then the usual have to argue for 30 mins, he ask me you tell me first why you wanna buy...then I say simply la, then he say simply then cannot buy, so then he say seriously whats your teory behind. So I mah tell him lo, I notice IOI they fired up the wok edi, and I think its done by outsider trying to goreng up this counter. I say I think this bunch no money syndicate do it last minute so no need to hold the price so long, Then he laugh so loud and say ok la your teory very cute so he mah buy for me lo.