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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Sep 9 2020, 10:52 AM

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QUOTE(bronkos @ Sep 9 2020, 10:51 AM)
Yeah man, at around 7.3 range for 2 days, it looks like TG  has hit the bottom.

Am looking forward to clearer skies for glove counters.
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Rakuten is kinda pissing me off with the average thingy. My portfolio should be in good green now, but because they "average" the TG purchase I made, it pulls down the entire thing. ranting.gif
ZeroSOFInfinity
post Sep 9 2020, 11:00 AM

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QUOTE(triple02 @ Sep 9 2020, 10:55 AM)
Most probably it will, I've been noticing that it never went below 0.63 support was there, saw it was climbing slowly hence 0.700

KTB no point of buying now, unless you're betting it to break 0.20 which happened once in its history, plus looking at the buy sell queue,  doesn't look like it can reach 0.20 today..
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Should I sell GETS when hit limit, or see if will limit up again tomorrow? rclxub.gif

As for KTB, will monitor the whole day how much it can go.

This post has been edited by ZeroSOFInfinity: Sep 9 2020, 11:02 AM
ZeroSOFInfinity
post Sep 9 2020, 11:07 AM

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QUOTE(triple02 @ Sep 9 2020, 11:03 AM)
U went it GETS? What the entry?

KTB go in when its at around 0.12, hold 1-2 weeks then watch "magic show" to sell brows.gif

Waiting to enter back Gets when it's 0.65
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Yeah, since I sold TG and Supermax earlier, see what stock to buy and recuperate loss.... 0.775.

As for KTB, went it at 0.15.

Should I hold GETS when hit limit, and see whether will hit limit also tomorrow? And what's the TP for KTB?

ZeroSOFInfinity
post Sep 9 2020, 11:08 AM

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QUOTE(bronkos @ Sep 9 2020, 11:06 AM)
Looks like gloves start to stabilise, wait for afternoon session to validate it.
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Buying on dips, remember? If this holds on until lunchbreak, there's a good chance it will remain stabalize.
ZeroSOFInfinity
post Sep 9 2020, 11:24 AM

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QUOTE(triple02 @ Sep 9 2020, 11:17 AM)
Wow sudah jual TG and SPMX ka? sweat.gif

Like i said,  seller > buyer on GETS  and ppl are still buying at its current price shocking.gif all betting for limit up?

Look at historical price and pattern, ppl tend to sell when it reaches certain point. This counter and KTB no idea about TP, follow your own TP i guess laugh.gif

My guess GETS will close the day at 0.87 as there'll be selling later
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I sold of at loss, and then rebought TG and Supermax again at lower price, albeit lesser quantities. Bought GETS and KTB to recoupe some of the losses, while awaiting for TG and Super rebound.

At current scenario, GETS can hit limit. KTB..... max maybe 0.2.
ZeroSOFInfinity
post Sep 9 2020, 11:25 AM

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QUOTE(ry8128 @ Sep 9 2020, 11:23 AM)
Spmax and tg is having the same chart trend again. Guess panic selling is over and now the control is back to sharks.

Quite sometime already I didn’t see both showing same trend.
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They are slowly accumulating at 8 and 7.3 currently. Been up down a few cents for the past 1 hour.
ZeroSOFInfinity
post Sep 9 2020, 11:33 AM

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Do you think there will be any "magic tricks" happening again later at close today? Like yesterday? brows.gif
ZeroSOFInfinity
post Sep 9 2020, 12:01 PM

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Sold off GETS, KTB and Supermax. Decide to go in with TG. Their QR report will be very good, from what I learnt.
ZeroSOFInfinity
post Sep 9 2020, 12:06 PM

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QUOTE(theberry @ Sep 9 2020, 12:04 PM)
U cut supermx?!
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The hardest choice requires the strongest wills. Have to, in order to concentrate solely on TG.
ZeroSOFInfinity
post Sep 9 2020, 12:10 PM

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There is a very big battle currently for TG and Supermax..... price keeps changing in last few minutes.
ZeroSOFInfinity
post Sep 9 2020, 12:14 PM

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QUOTE(yehlai @ Sep 9 2020, 12:12 PM)
Actually SPMX is the cheapest.. also belive their QR won't be dissapointing
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Yes, but the QR is not coming in next 2 1/2 months. You might end up holding it for a while.
ZeroSOFInfinity
post Sep 9 2020, 12:19 PM

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Will there be any "assistance" later in the afternoon? Dropping to 2% for KLSE won't look very good.
ZeroSOFInfinity
post Sep 9 2020, 12:25 PM

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QUOTE(misaka @ Sep 9 2020, 12:25 PM)
Gets will limit up wtf
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I left a bit too early. Oh well, profit's a profit.
ZeroSOFInfinity
post Sep 9 2020, 12:26 PM

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QUOTE(ChAOoz @ Sep 9 2020, 12:22 PM)
Institution won't gamble your money one la. If assistance is provided, it will surely be across the board blue chips. EPF won't tell you this year dividend was bad cause we gamble it big trading supermax.

They have certain characteristic to guide their decision.
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Well, I still have Maybank.... cool2.gif
ZeroSOFInfinity
post Sep 9 2020, 12:41 PM

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The only game to play left is TG and their results next week. After that, straight cut and go to blue chips. Hopefully can recover all the losses by then.

Currently futures just back in green..... hopefully stays there and KLSE starts recovery.

This post has been edited by ZeroSOFInfinity: Sep 9 2020, 12:46 PM
ZeroSOFInfinity
post Sep 9 2020, 12:58 PM

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QUOTE(ComingBackSoon @ Sep 9 2020, 12:49 PM)
Don't think any amount of profit they report will help. Expectation was sky high, and too many sellers want to get out of the game. Probably will only gap up for 5 minutes then back to red. If they report anything less than 800m, it will trigger a severe panic sell.

I'm expecting my money to be stuck for a long long time before I can see green again. No more catalyst already in the the near future.
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QUOTE(HereToLearn @ Sep 9 2020, 12:53 PM)
blue chip recovery wont be like gloves, u have to stay in blue chips for years to recover all our losses from gloves
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Gonna take a chance on this. You might never know. Worst case scenario, I just sell TG and play some penny stocks to recover some of the losses, before parking them under MBB and RCE Cap for dividends.

This post has been edited by ZeroSOFInfinity: Sep 9 2020, 12:59 PM
ZeroSOFInfinity
post Sep 9 2020, 01:15 PM

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QUOTE(ChAOoz @ Sep 9 2020, 01:11 PM)
Btw all those that is still holding, don't cut loss first.

Captain America coming to save the day, there is a rebound incoming based on US futures.

Usually this would paved the way for a second session recovery around 3 - 4 pm.
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That is what I am looking forward for. The rebound is getting stronger by the minute.
ZeroSOFInfinity
post Sep 9 2020, 01:17 PM

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QUOTE(lamode @ Sep 9 2020, 01:07 PM)
on the side note, OPR announcement tomorrow yo  brows.gif

https://www.bnm.gov.my/index.php?ch=mone&pg=mone_mpc
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Now papers are reporting the OPR will be maintained....... which might be good for savers.... but bad news for traders.....
ZeroSOFInfinity
post Sep 9 2020, 01:18 PM

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QUOTE(Krv23490 @ Sep 9 2020, 01:10 PM)
GETS just on board the glove train..or glove bus*

https://www.theedgemarkets.com/article/gets...usiness-venture
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When you realise everyone is going into the glove bus, but only the kecik ones are benefiting due to penny pricing, while big boys are suffering..... looks like GETS can limit up tomorrow also.
ZeroSOFInfinity
post Sep 9 2020, 01:55 PM

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QUOTE(sadukarzz @ Sep 9 2020, 01:39 PM)
how would that be bad though? isn't it a signal of economy is in the state where it doesnt need further liquidity at the moment.. means bank wont fall

if bank not falling, then they can tank bursa abit no?
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"Traders". Most of us in here. I wouldn't mind to buy more Maybank and other banks if OPR is maintained.

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