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STOCK MARKET DISCUSSION V67, Alex's 1447 or 1388.....
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drsaleh
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Dec 2 2010, 04:48 PM
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walla.. miss the action. all my counter green. congrats to me.. sure cannot sleep toningt, thinking of action for tomorrow. still got some 20-25% cash.. dunno which counter to dump.. waiting next 3days..
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drsaleh
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Dec 2 2010, 04:52 PM
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hahaha thanks harry.. always playing like a horse rider, holding the horse from juping down the cliff.. thanks again
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drsaleh
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Dec 2 2010, 06:32 PM
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looking from the price, Gamuda may be suspended tomorrow.. suddenly got news.. then my WD will move further.. yes.. (if this did not occur, dont blame me woo.)
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drsaleh
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Dec 3 2010, 04:28 PM
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QUOTE(majorarmstrong @ Dec 3 2010, 04:24 PM) ok from today onwards i gonna learn on how to trade.. hopefully is not too old to learn.. gonna stay on this thread to learn a few tips n tricks...
from your avatar, u look reaaalllllyyy old..
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drsaleh
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Dec 4 2010, 12:42 AM
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yok.. try to answer your q, someone else can correct me if wrong
-W is warrant that is dished out by the company. e.g. IJM-WC is warrant that issued by IJM before. usually conversion 1:1. at the end of the expiry, u need to convert to mother share if u still holding it. that means you have to fork out your money to pay 'the exercise price'.
where else -C is structured warrant that is issued by investment banks. usually American style, ie cash setttlement. conversion rate differs, sometimes 1:3, even 1:10 also got. At the end of the expiry date, if the warrant is in the money, you'll get paid in cash. hence the term cash settlement. you CANNOT convert to mother share at any time, not during the trading day, and not even before expiry. If it is out of money, all your money burn lo.
put warrant if not mistaken, is for hedging purposes. Since it is not shariah approved, I didnt bother reading about it. But I remember reading somewhere in Robert Kiyosaki book, mentioning how to leverage and make money using put warrant.
Hope this help.
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