do u have the numbers as of now?

is short selling available for retailers now? i thought IDSS still banned.

I’m euphoric now.. can’t help but to feel the urge to chase high... garrgghhh!!

control your greed.

manage your risk.
next time I can add an "old" infront of unker liao  

depends on which area. if KL/Selangor/JB maybe. other places where it's not that bad still will get sent to hospital one.
true true.
not if you have deep margins

ya. market sentiment.
any profit also on paper only

for SBB profit, just wait for HK listing
SBL.

as I mentioned earlier, SBL can be use to short or push.

don't need to worry too much.

now EPF go into stealth mode until the shares are returned to them. 

Aiyoh.... i thought you be better than this. Don't turn this into me mah... it doesn't matter what I do or what I don't, yes? Matter is the issue itself. If you turn it into me... lol... this macam local politics. Good meh? Come..... 

Ahem... I don't do resistance line la. Resistance line and the trend line is so different, so different... Mentioned it b4... so not gonna repeat it.

Anyway, just for your info. When I made that simulation idea trade on TopGlove, I was pretty much sincere and it was how I would have traded the stock IF I was really interested in TG. ( And also for your info, I did not buy any glove stocks yesterday. )

Which is why I said 'I had already drawn the picture ...'

Reference: post #41207

I will just paste the main part here................

1. Buying a stock just b4 it goes ex dividend.

Best one to TEST it out is Top Glove.

Point is, you need to test such ideas/insinuations out. Recently Maybank, went ex-dividend. Look at Maybank now... it's been sliding since then. So you would have gotten the dividend but since the market readjusts the price for the dividend, the stock automatically trades lower.

so test it out. Mark 6.70 as your buying price. Come back one month later. See the result. ( As of now, this was clearly a bad idea. Always is. Unless you are a long term trader, chasing the stock for dividends is always a bad idea. Yup. Besides testing out good ideas, I run a lot of tests on bad ideas too.)


2. Since we are on Top Gove, lol ... the unloved scape goat.. tongue.gif ... you can actually run 2 test simulations.

Technically it's trading within a descending triangle ... but since the stock has been trading right along the trend line, suggesting ... just maybe it could breakout from the descending triangle ( google that phrase - descending tirangle) , perhaps a trading buy is possible. In which there's 2 ways you can trade it...

a. Being early ... you reckon you sure it will breakout... so you want to be ahead of the crowd and you want a cheaper price... so you buy now. So mark that 6.70 as a DOUBLE trader in your book. ( Descending triangle is always bearish in nature. Unless one sees the breakout itself, being early is NEVER a good idea)

b. You wait for the breakout ... any price above 6.80, you need the volume to justify your trade... so if it breakouts with volume, mark 6.80 as your other trade.

AND OF COURSE, there's still the other option... since it's descending triangle, by technical definition it is bearish. So unless you see the breakout, you will have ZERO trade... lol ... in real life... you make your money rot in the bank for a while more.... hehehe

(the breakout point of course changed. When Syie9^_^ shouted for the chart at 3.15pm, see post #43638 , the chart posted showed clearly the breakout. The volume is of course the most important. Without it, one could fall what folks refer to as a failed breakout. But that was the breakout. A potential buy point from a traders point of view)


the 'live' chart as at 3.30pm yesterday.....



Written out 3 possible scenario to trade, no? The correct and obvious one was the 3rd option. Which coincidently is the same as what we saw in MI recently. MI too had a descending triangle. Stock broke out of the triangle and rebounded. Same same.

And from a FA point of view, that day, Stock was at 5.46 when TG announced 70%. Math simple lor. 10 bil estimated profits. So roughly 7.5 billion profit is the size of the cake. Out of it, 70% will be returned. Shareholder base around 8.2 billion. Count lo the DY. Was that not a valid reason to buy?

Two simple reason to buy... no BS on vaccines la, covid cases, no call warrants la, no short selling la ....
Stay focus and keep it simple.

okay bo?

  ...... bruffer !!

Wow, so many posts today.
I had to check my calendar to make sure it was a Saturday and not a weekday with the market open.

do you think Big Government like china and US will let gold drop to worthless? they are holding up majority of the chunk for their last bullet

Cute news I just read.

Elon Musk told his followers to ‘use Signal,’ leading to 1,100% surge in unrelated stock with similar name
- The Signal app has nothing to do with a small company, Signal Advance, whose stock price multiplied 12-fold in two days.
- Elon Musk suggested that his followers use the messaging app, but some people bought the unrelated stock.
- Similar things have happened in the past to companies that have names similar to Zoom Video and Twitter.

One very famous bank has a 650, 000 price on the butt!!!

Crazy huh?

Think Trump and his supporters moved to Parler.
The Google responded by taking Parler off the Play Store. Drama.
Eh, why la I wanna bash you of all people! 
I find your posts informative. Today can make coffee and enjoy my reading.

No, I don't do fake trading. I am primarily all FA.

Eyes on the ball... not me.
and I sell ikan .... so I don't share what I do or don't do.
Anyway, the problem with the 4th was the game changing announcement midday announcement on the 4th...
flashback......

Special dividend announced midday. TG was at 5.46 then ....



<<<<< end >>>>>>>

these are the small stuff one needs to do...

most charting software allows you to write/draw and save your notes...

That 70% changed everything.... if you are a trader, say you are betting on the downside, you need to get your thumb quickly out of your bum and say ... hang on dude... that is really, really something.... this should alter the course .....

* and I had been saying this.... TG boss has to realise that this is the way.
no need buyback or what nonsense...
he needs to focus on his bloody job... declare excess cash as dividends... and the market will do the rest.
Said this already one time too few... *

** oh... as it is .... some shareholder mght have mix feeling...
cos.... the order of the play was...

1. buybacks
2. Tropican buys
3. boss boys...

hence Boss cost of the shares is the cheapest.

and yup... based on 6.50... Boss shares are making money already... Tropican and the buybacks are still deep in losses **
so... yesterday....

the breakout was there....
the volume was there....
the momentum is there .....
err..... apa lagi mau? 

LOL! See? I know ...................... the hidden dragon
I could never do waves properly .....    yeah.... many things too....  
Keeping it simple.... this suits me more.

I am not a trend trader. Okay.

Maybe that's the issue... trying to decipher me.... lol.

Anyway what I had described earlier ... the descending triangle breakout (reversal)  could be better explained much simpler.

It's just a simple trading setup.

Anyway.... basically this setup is breakout from a declining trend line.

The line in the sand .... the declining trend line .... it's easily visible no?

see chart below...



The breakout is indicated by that red arrow.... which ... cough ... cough... happened precisely when you demanded the CHART... hehehehe...

At that time, price was what? 6.05? Basing on the what was happening, if I had wanted to trade this setup, that would have been my shot at the tiger. That's how I would have played it, and yes, it was so possible to be the early worm (around 5.60?) ......
would this explanation be better?
p/s... do you do fake trading?
Look at the Master chart I posted this morning...
what would you do?

Fake trading or paper trade is just practice. A study. Take a pencil and jot down the imaginary trade on a 666 book. Say, yesterday, write buy TG. Price 6.05. Reason: breakout from declining trend line. blah, blah blah.......

it's more of a self discovery. Discovering yourself. Finding out what type of setup, type of trading suits you the best.

I still do this a lot.

One should not stop learning, yes?

Yes but don't be like Beth la. Popping pills and boozing

You start seeing stock graphs and buy/sell queues on your ceiling yet?