Investment (Local and International), Everything About Investment
|
|
 Mar 30 2006, 09:39 PM
|
 
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry  
|
Any idea why the big drop in Mithril share price today?
|
Quote|
|
|
|
|
Mar 30 2006, 10:11 PM
|
Senior Member
1,478 posts Joined: Sep 2005
|
QUOTE(lklatmy @ Mar 30 2006, 09:39 PM) Any idea why the big drop in Mithril share price today? fundamentally...no idea,guess we had to wait for tommorrow's news but technically,the company itself already shown signs of overbrought a long time ago,and the bear trend is already in progress.I'm not suprised seeing such extraordinary price movement,since the peak it formed previously is all time high,not to mention the price was pushed up by a fierce bull rally.So i expect it will drop HARD. This is another "goreng" counter,now everyone is throwing it away |
|
|
Mar 31 2006, 02:05 PM
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(lklatmy @ Mar 30 2006, 09:39 PM) Any idea why the big drop in Mithril share price today? This share has been 'goreng' quite fiercefully, from around 13 cents to over 60 cents so went down to 31cents is no surprise, still rather expensive. At the end, the share price will go back its fundamental worth. |
|
|
Mar 31 2006, 04:41 PM
|
Junior Member
297 posts Joined: May 2005 From: Mainland, Penang
|
Sounds like a "Pump and dump" case to me. IMO when the news comes it will be to late if you bought at the peak.
 Me got nail once to when I was paper trading.  Lost half the account.  |
|
|
Mar 31 2006, 06:40 PM
|
|
Senior Member
1,478 posts Joined: Sep 2005
|
it is a bit risky buying on news
for example,cocoaland holdings had a small bull trend a few weeks ago,prices went up almost 10 cents for a few days,then came its news on the newspaper,something to do with their earnings and stuff.The next day,right after the news appeared in the newspaper,the share prices crumble |
|
|
Mar 31 2006, 10:12 PM
|
All Stars
17,053 posts Joined: Jan 2003 
|
the next counter like mithril would be iris i think cos their share also suddenly shot up
|
|
|
|
|
|
Mar 31 2006, 10:32 PM
|
Junior Member
282 posts Joined: Jan 2003 From: Puchong
|
quite interesting this topic but if someone knows how to create some investment i mean small investment for poor like me...
 |
|
|
Mar 31 2006, 11:20 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(Darkmage12 @ Mar 31 2006, 10:12 PM) the next counter like mithril would be iris i think cos their share also suddenly shot up There are lots of MESDAQ counters which are under 'goreng' currently. Rotation play among them, the king of 'goreng' should be IRIS, huge volume everyday from 18 cents to 68 cents 277% rise in few months time. The 'goreng' season surely will burst one day with that kind of ridiculous speculation, just be careful. |
|
|
Apr 2 2006, 05:00 PM
|
Senior Member
998 posts Joined: Jul 2005
|
sorry, it's been a long time since i last posted here. I was quite busy with exams and with swisscash back then.
Anyway, my aunty did invested 1K usd in swisscash. Yes, it's true that i may be risky to invest in such a thing, but do remember the term, high risk high return. i had get back 10% return and had already TT into my account. Most of my friends had already invested after i show them the statement. The payment is extremely accurate and efficient. It just take 2 working days for them to tt the money into my account, and the sms system is true amazing too. i know all of you will doubt my points as im an investor too. Well, if i were u, i will doubt too. But u will never know if u dont even try to look into swisscash right? what i told to my friends who still doubt it, is to invest 100USd and let it grow slowly. It's much more better than putting into your bank right? Let's say If something seriously happen. What u lost is mostly your RM500. In your life, how many Rm500 will u earn? If what swisscash offer is true, u may lost something much more than RM500. To be frankly, the 1st time i invested in swisscash, i had NO confident at all, u can say im not a rational investor or what, but for me, i just dont wan to miss this oppurturnity. Think about it guys  |
|
|
Apr 2 2006, 09:18 PM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
Have to be extremely careful when buying Mesdaq counters.Some have no fundamentals to back up at all.See Kzen,revenue of 200k only in the last quater which work out to about Rm1900 per day.Even a coffee shop can do better.
http://announcements.bursamalaysia.com/lin...age.nsf/lca.htm this is the kind of counters which should be avoided at all cost.  |
|
|
Apr 3 2006, 01:37 PM
|
|
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
The listing requirement sometimes is quite loosely which resulted quite a lot of rotten apples in the market. Some CEO of the company are seeing the listing of the company is to make profit out of it then 'cabut', let the company do and die on its own and some sort like sucking the money from the company until the last drop.
|
|
|
Apr 3 2006, 03:07 PM
|
|
Senior Member
1,478 posts Joined: Sep 2005
|
thats mesdaq alright,but there are plenty of hidden pearl in there too lol
|
|
|
Apr 3 2006, 07:39 PM
|
Junior Member
469 posts Joined: Jan 2003
|
What's this swisscash thing about?
|
|
|
|
|
|
Apr 3 2006, 11:12 PM
|
|
Senior Member
1,478 posts Joined: Sep 2005
|
QUOTE(tALEz @ Apr 3 2006, 07:39 PM) What's this swisscash thing about? one word...scam |
|
|
Apr 4 2006, 02:02 AM
|
|
Senior Member
998 posts Joined: Jul 2005
|
QUOTE(mobiusone @ Apr 3 2006, 11:12 PM) one word...scam Mr mobiusone, please do not say it is a scam until u have solid proof on it. Dont provide false facts to the viewer pls. For those who are interested in swisscash, feel free to pm me. I am willing to share those who are more open minded than those who only listen to the one sided story. |
|
|
Apr 4 2006, 03:45 AM
|
 
VIP
2,928 posts Joined: Mar 2005
|
Gravity,
We do not have proof whether it is legal or not, however, if you put it the other way round, we also do not have evidence to show that it is not illegal. Therefore for this, perhaps we can stop discussing too much about such investment here as it may be quite misleading for layman who are just browsing this topic for investment tips and he came across this. Thank you very much for understanding. |
|
|
Apr 4 2006, 09:29 AM
|
|
Senior Member
1,478 posts Joined: Sep 2005
|
QUOTE(Gravity @ Apr 4 2006, 02:02 AM) Mr mobiusone, please do not say it is a scam until u have solid proof on it. Dont provide false facts to the viewer pls. For those who are interested in swisscash, feel free to pm me. I am willing to share those who are more open minded than those who only listen to the one sided story. QUOTE i research further and found that their web domain was only bought copypasta from a mail i received from my friend who did some research,looks scam to me,but i'm not tempted by its return,but many of you out there are.last year and put into action this year and the operator is in USA:- Domain Name: SWISSCASHEXPRESS.COM Registrar: ENOM, INC. Whois Server: whois.enom.com Referral URL: http://www.enom.com Name Server: NS01.MCCOLO.COM Name Server: NS02.MCCOLO.COM Status: ACTIVE Updated Date: 18-feb-2006 _/* Creation Date: 17-feb-2006*/_ Expiration Date: 17-feb-2007 ADMINISTRATIVE CONTACT INFO Swiss Mutual Fund 1948 (SA) Michael Mansfield 125 Rampart Way Suite 300 Denver CO 80230 _/*US 3) their entry cost is only usd100 which is unheard of. practically every retail hedge funds in the world would demand at least 10k to 20k as minimum investment unit. imagine that kind of paper works incur on running your customers database if 80% of them are usd100 type. 4) i am a subscriber to the FUTURES magazine which reported annually on the best performing funds in US or ex-US. the best returns the top 3 achived are usually around 100+%. we are talking about hedge funds which only trade in indies, commodities, debts , forex etc (which offer the best leverage against equities), on top of that they will further leverage themself by borrowing from banks to increase their trading capital. swisscash offer 20% per month cash returns payable back to investors are simply out of this world. this mean they would have to make >20% per month in order to keep their original trading capital intact. this also mean they are returning 300+% per year! see the title of this mail. 5) already this scheme has many bahasa melayu version on the webs. just read their title, you would know what it trully is - cepat kaya. remember what your government told you ? /www.amir2u.com/dreamkaya, //www.pure-profits.com, //www.iklanduit.com and if you search swisscash.biz on yahoo, this come out and take note they are all malaysians?  6) at their home page, you would notice they do not have their office address, telephone and fax numbers etc. |
|
|
Apr 4 2006, 10:08 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(Geminist @ Apr 4 2006, 03:45 AM) Gravity, Yes,if there is no clear regulatory frame work,it's better to stay away.We do not have proof whether it is legal or not, however, if you put it the other way round, we also do not have evidence to show that it is not illegal. Therefore for this, perhaps we can stop discussing too much about such investment here as it may be quite misleading for layman who are just browsing this topic for investment tips and he came across this. Thank you very much for understanding. If in doubt,do not invest. |
|
|
Apr 4 2006, 10:14 AM
|
|
Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry
|
QUOTE(mobiusone @ Apr 3 2006, 03:07 PM) thats mesdaq alright,but there are plenty of hidden pearl in there too lol Hidden booby trap far exceeds hidden pearl.IMHO.  |
|
|
Apr 4 2006, 10:28 AM
|
|
Senior Member
1,478 posts Joined: Sep 2005
|
QUOTE(lklatmy @ Apr 4 2006, 10:14 AM) Hidden booby trap far exceeds hidden pearl.IMHO. huge rewards comes with huge risk,you had to accept it.Find a way to stay away from rotten stocks. |
| Change to: |  0.0221sec
 0.84
 6 queries
 GZIP Disabled
Time is now: 17th December 2025 - 10:58 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.