Yes, the buy in point would be around 1.89/1.90.

Buying in between? How is YTL doing now?
Isn't it neither here or there?

Also the play doesn't seem to be a double bottom anymore.

This post has been edited by Boon3: Oct 11 2012, 10:00 PM

Actually this Amedia is a good example/reflection of what I talking with hehe86 about.



Your case falls in the first one.
Being early.
Where you bought Amedia at 0.505 because of the value issue.

Re-acting would be like buying late.
Buying after a clear sign that a downtrend has been established.
At this moment of time, my interpretation is that Amedia's current downtrned is still intact.


Noises do bug you, eh?

Thanks for sharing.
Yes, that would be the norm.

I guess you trade with several indicators.

Do share some charts here if possible.

You know, on most cases, I would have used value for a falling stock, like MISC, however, for Amedia case, I would not.
Reason explained earlier.

Also, you would have noted that my Perdana trade was a trade on a fallen down stock.
My entry was ~64 sen.
And Perdana bottom was around 48 sen.
Point is, you don't have to buy right at the very bottom to make money.

The thing about buying at the bottom or at the \/\ is, one is assuming that the \/\/ will be formed.
There are many times it doesn't.
Buying at the top of W is like buying on confirmation.
The price of course could be 10% or maybe 15% higher than the bottom but you can consider this as the 'insurance'.
You pay a bit more for the 'insurance'.
Where's buying the bottom, one could be buying a false bottom or one could buy a W that doesn't fully develop and the stock ends up neither here or there and for the holder, this could be a long frustrating period.
Of course, sometimes, buying right at the bottom does work like a charm when the W fully develops.




This post has been edited by Boon3: Oct 12 2012, 08:48 AM

Hehe, the noise issue is over-rated for me.

Are we anxious that the noise could disrupt our own thinking?
If so, where lies the actual problem?
For me, my opinion la, I think this where the person is not fully focused.
If he is focused and knows his/her stuff well, noises isn't a matter.

Are we anxious that the noise could have a negative impact on others?
Like causing 'others' (ie silent readers etc) to dump the stock?
Well that's a possibility but it works both ways.
Cheerleading noises is always there when a stock goes up and boo-noises will also exist when a stock goes down.
This is human nature and it is hard to avoid.
You go to a brokerage house, sit next to your pretty or hamsum remiser and the noise levels is even greater and more intense.
The only noiseless environment that I know is if the trader/investor hides himself/herself in a room, away from all forums/chats/etc etc.
It's just the live screen and themselves.

Having said all that, let's be realistic.
Ok, forum readership is not small but how much and how hard can it impact a stock?
Say I make boo-noise on this stock. Readers listen and they follow.
So maybe dump their shares.
But that's about it.
Whatever noise I make, won't be lasting a long time.
It surely cannot make a stock goes down 5% everyday.
And even if I successfully make the stock goes down 5%, what about other market players who don't read this forum?
Won't they snap up these fallen shares quickly if the shares were good?
Yes, I think the noise issue is over-rated.

Another thing.
Regarding value.
I believe any share can be fried in a wok.
This goes for 'investment grade' stock also.
Tell me if this is not possible.

Now when an investment grade stock is send to the wok to be deep fried, is 'value' important or is value a very secondary issue?
The chef in charge of the operation only cares about two things - Cost of shares and how much the share is sold.
That's the primary objective of the chef.
It doesn't matter if the share he/she fried is sold on the way up.
It certainly doesn't matter if the share he/she fried is sold on the way down. ( 'They' say shares are usually sold on the way down because it's always easier for them to dump in sell-offs. Sometimes we see a stock. It's 80 sen going on to a dollar twenty. When it's 80sen on the way up, we don't buy. But when it's 80 sen on the down from 1.20, we buy.)
What matters is the profit attainable from the disposal of shares.
For them, they don't give a toot about the company behind the share.
During such cases, should one talk value or should one let the chef finish his cooking before deciding on the value of the leftover?

Just thinking out loud here.

Just sharing.

Amedia - charts taken before trading started today

5 Min charts version 1 - zoomed out



5 min charts version 2



Daily chart



Weekly chart



This post has been edited by Boon3: Oct 12 2012, 09:14 AM

Trying to buy back Perdana.

Walaueh!

Chef, the dog shampoo-er?

You got any stock tips to share and talk or not?

We hide here talk male chicken got bother you meh?

Fuyoh!
What newbie?
KSK looking good la.
L&G had a nice breakout of its base.

Both looking good.

Share mah. Don't pan as a newbie. (pun intended )

What do you want to be good at?
Trading? Investing? Or don't care, just want to make money?

It's ok to want to be godlike la.



Ooo.. call warrant?
This is something I am koyak.


So what do you use to play call warrants?
How do you play them?

Share leh.

This post has been edited by Boon3: Oct 12 2012, 11:33 AM

JCY 69 sen.

What do you use to spot them?
Do you make any study on the main shares?
Like you ride on DRB.
Do you studay DRB's movements?

Name sexy a bit.

But did you not see Pesona open shop day?
Scary leh.
Open high and then sell down to now.

Sorry, what I meant was do you use charts to help you monitor.

I see. Meanwhile you can use Google la.
Many sites can help you.
You can also Youtube.
Many good simple lessons can be found.

Start of with the basics such as chart patterns.
And then know the trend lines, the up channel, the down channel and the sideways ones.
And then know the simple support lines and resistance lines.

Good reasoning.

One question on the shakeout theory. You said "..Chinese youngster 20++ yo .. director.. but he can get a project installing TV advertisement in Malay's bus company.. they wanted to get cheaper shares.. shakeout and buy in the same time.."

Ok, suppose a shakeout was done to get cheaper prices.
Yes, I am aware this can happen.
However, look at what has happened. Can it be a shakeout?

In March the stock was in the 30+ sen.
If they wanted to get more cheaper shares, why push from 30 sen to 1.15?
Now is Oct. Price is back to 30+ sen.
If this is a shakeout to get cheaper shares, are they thinking of the consequences?
With such a violent shakeout, how many will still dare invest in the company?