looks like having good support at 1.60. tempted to get in tmr morning. dont be late.

this counter is queit today. dropped to 1.57. hope for a good week next monday.

SELL SELL SELL!!!!

bro. any reason for change of tune now?

Anything below RM1.40 is a good entry. Now is a bit pricey and share price should come down before moving higher. Pls dunn risk ur investment unless u expect share price can move above RM1.80. Otherwise, forget abt it. N now, worse still, US data seems not encouraging

Come across a recent post on JCY in Feb. Make your own judgement.

JCY : An interestingly manipulated stock
Pump and Dump Schemes

"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.

Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.

http://www.sec.gov/answers/pumpdump.htm


JCY : http://klse.i3investor.com/servlets/stk/5161.jsp

The discussion on JCY attracted 130 posts in i3-forum. I do not read or follow, but I notice one link given by a person, alerting the 'scam' in manipulating JCY stock. YUP ... it is MANIPULATED. Not only JCY is over-valued, technically it is very difficult to buy at currently level. You could easily guess that the HERDS of KLSE's kaki are following JCY, buying into the news(such as Thai flood) and such.

NO one will want to speak about businesses, logic ... or technical analysis simply fails. How far could JCY go ... depending on how much the syndicates or manipulators want to gain from the ignorance. I did briefly talked about JCY during my SAT' s meeting on how analysts do not have their own standings and change their views 180-degrees without any convictions.
It is a serious case for SC to check, indeed. But, since when markets are not manipulated? We could only follow the so-called smart-money(I never want to call the that ... they are not smart, they prey on ignorant retailers and greed investors) ... we should follow the music till it ends ... when will that be? No one wish to be the last fool ... but somehow, many more rushing in and we shall wait to see how far it could go? RM2? RM2.50? We shall see ...

It is your own call ... do not ask around if JCY is a buy? Because no one could tell you how far JCY could go, and when it drops ... will you be able to run ... be the first to get out? For me, I wont buy into a counter where valuation is stretched, where many herds rushing, when the wagon is moving very fast, when market is topping, when broker-houses and news giving you full optimism. I just dont work that way ... I am still a logical contrarian who stick with my first rule " DO NOT LOSE MONEY".

A trade without higher level of certainty, without logic will not be my cuppa ...

Yea. If drop below RM1.50 2molo, should come down further ... GO! GO! Go!

hm, why worry about the falling price?

If JCY Q2 perform well or better than Q1, then it is promising right?

i may start worry if it falls below 1.40. was hoping it is rising steadily till 1.8x.

good call bro.

JCY Q2 may highly still perform well, but Q3, Q4 onwards, still a bit unknown.
As we see recent few week, HDD price out there is start going down already, quite a lot lately in recent week.

Need to go Lowyat checking checking

Guys... We shall relook at the share price when it touches RM1.20.. Come on, guys. Let's gear up n be prepared for the battlefield

DOWS dont look good. the tp can be reached soon.

OSK day trading sell call on price below 8 days low 1.53 , 1st target 1.30 and second target 1.07 cut loss if price go above 1.60. That 's why the share price drop drastically.

interesting, see whether can re-enter or not

Business should be good ? Sat and Sun also got cars in JCY car park..

2TB HDD back to RM350 and possibly lower in the coming weeks. However, if JCY competitors are unable to restore their operations, it might be rosy business for the remaining of the year.

Yea. Man. JCY is coming down.

Down Down Down

JCY Q2 result will be out on 17 May 2012 evening. The profit figure is better than Q1 and the dividend is higher than Q1 as well. Besides the good quarterly results there is also a positive good news to be announced. Buy JCY if it retrace to the attractive level. dun miss the chance. Good luck

---

Added on May 15, 2012, 1:02 amEstimated Q2 profit will be around 215 millions or eps 10.75 cents.

This post has been edited by Killtrader: May 15 2012, 01:02 AM

super reversal due to good profit shown... WOWWW