yes, it means it trade around the current price for a long time.

now... do you really like this bet?

LOL!

Not asking your feeling la.

Asking you to evaluate the bet.

Out of the 4 options...

1) if this happens, you could lose money...
2) if it's the resistance... could you sell at 130?
If cannot, maybe best price you can sell is 129 or 128.
How much profit? 5 sen or 6 sen?
3) if this happens, you make money lor
4) if this happens.. if lucky you break even. if no, you lose,

Out of 4 options...
2 options is bad for you.
1 option makes you little money.
1 option makes you money.

This is called evaluating your trading plan.

Not ok la.

Stock was way over valued when it was relisted.

Yes, future growth is indeed bright but looks like everything is priced in.

Furthermore... it's relisting was not too long ago only.
Not really going to be bothered with this stock for now.



No need put disclaimer la...
only one or two trouble makers here only.

Plus we just talk wind here and we are not any stock promoters.

Two books for you to read.

Reminiscences of a stock operator and How To Make Money In Stocks.

Stay away from local books.
Not much help and they tend to follow what is written by others.

Local newspapers?
A lot of articles are written to promote stock.
Very misleading at times.

Warren Buffett stuff is nice to read but do know that a lot of stuff he does, will not apply to you.

This one is something like IOIP.

Let it kelong lor.... hehe

No suggestion but some 3 sen opinion...

Stocks can easily be oversold for a long time and it's never easy to catch when they will rebound exactly.

And not all oversold stock will rebound and have a fairy tale ending.

Example:
AirAsia. When it crashed from 290+-, it went oversold for a long time....
Hit the low of 220+- ...
Then it rebounded...
But the rebound was just to 240+-...
Since then... stock is just here and there....up and down a bit.. not going anyhere....

Would one have catch the exact bottom of AirAsia this round?
When it rebounded... how profitable was the play?
Is this good enough for you?

Is this an ideal strategy?

Or is it simply better to try to find winners?
For instance, when AirAsia was 290+ before it crashed (Oct 2013), a stock like CBIP was trading at around 280+-.
Guess the price of CBIP today?

Isn't it better and more rewarding to find winners like CBIP?



This post has been edited by Boon3: Feb 18 2014, 02:01 PM

Got 3 years jor meh?

Ok... digging out the chart .... FOR THE FIRST TIME......



Errr.... I am clueless how to play such chart.

..... and it has 2.931 BILLION shares.

How many KTL clones is required to fry this mama up 50 sen?

Very important one la.

stocks with many shares, need many cows to push up the mountain.
stocks with very few shares, just call Loo. Ah Loo alone can kow tim.

LOL!

PWY stock ftw!

Don't agree.

I have seen corpse stocks ......... fall hor.

Don't assume that in the lifeless state, they cannot fall.

Where got?

I talk about you.

You the 1 that said less risk.

Nah... real stock example...



See how the above stock was trading very much in a range for 2 years?

Wanna guess what happen next?

UMA ma...

chicken run so fast.... run past few traffic lights.... sure kena lor ....

..... and here is how the 'less risk' stock ended ...



mind you... the stock was heavily promoted by iCapital too.

First question: Why are you still holding?

Once you see EOS keep appearing, you need to find out 2 things.

1. How many EOS can be issued?
2. What price?

If a lot of EOS are issued at a cheap price, what do you it's their objective?
Also what you think will most likely happen to the stock?

Question again: Why are you still holding?

Last question: Can you describe the chart below?





hehe... can I ask you the first Q again?

Divy can cover back or not?

Employee Option Shares

LOL!

Describing the chart should not be like this maaa ....

See chart again...



The left side (just before Jun) looks like a hill or mountain right?

The right side?

What does it resemble?

Rolling down the hill?

I would have sold.
Take the losses - this would MAKE sure I get NO MORE losses in this @$%# stock.
Next, I can put the money in a stock that will AT LEAST make me MONEY!


Think of it this way...
You kena con by this *&^% guy called Ah Boon...
He got you to play mahjong with him.
What will you try to do?
Will you try making money back from Ah Boon playing mahjong?
Or will you find other ways to make back money?

Same with stocks.
You lose money in this F**** stock.
It doesn't mean you MUST win money back in the same F*** stock.

Make sense ah?

if a lot of shares are granted, it means the number of shares of the company has increased.
And this will dilute the earnings per share.
Once the earnings are diluted...
the old price ... will suddenly 'become' expensive PE wise.
And from a dividend point of view..
if a company can distribute 5 million in dividends per year...
more shares will dilute the dividends per share...

All in... not nice for minority shareholder.

PLUS... if the EOS is granted at a cheap price...
they could easily be profited by selling...
hence dragging the stock lower......