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 STOCK MARKET DISCUSSION V150

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danielcmugen
post Apr 20 2020, 01:55 PM

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QUOTE(abcn1n @ Apr 20 2020, 01:28 PM)
I don't dare to goreng as not seeing any good counters currently. What stocks you goreng currently
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Frontken.
cherroy
post Apr 20 2020, 02:17 PM

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QUOTE(Cubalagi @ Apr 20 2020, 01:32 PM)
Tbh I don't think short selling was ever a big deal in Malaysia.

But I think ur timing after April is logical. The current run up is cause by potentially MCo going to ease end of this month. After that reality will bite, restarting economy is not easy. Buy the rumor sell the news.
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This. Always practice buy on rumour, sell on news.

Once it becomes a news, most of the time, it is too late.
Late comer won't get the worm, only early bird get the worm.

A lot of time, retailers make this mistake, ended always chasing or buy at high only.


abcn1n
post Apr 20 2020, 02:19 PM

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QUOTE(danielcmugen @ Apr 20 2020, 01:55 PM)
Frontken.
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That's a good stock. Good luck
SUSGenY
post Apr 20 2020, 04:55 PM

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I pounded the table ... saying BBB .... 1-2 weeks ago. Those who bought would have made good money tongue.gif
SUSMasterConfucion
post Apr 20 2020, 05:03 PM

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QUOTE(cherroy @ Apr 20 2020, 02:17 PM)
This. Always practice buy on rumour, sell on news.

Once it becomes a news, most of the time, it is too late.
Late comer won't get the worm, only early bird get the worm.

A lot of time, retailers make this mistake, ended always chasing or buy at high only.
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news come out bad eat grass lo
!@#$%^
post Apr 20 2020, 05:13 PM

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QUOTE(GenY @ Apr 20 2020, 04:55 PM)
I pounded the table ... saying BBB .... 1-2 weeks ago. Those who bought would have made good money tongue.gif
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how much u made?
SUSGenY
post Apr 20 2020, 05:27 PM

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NEVER count your money until u have left the table (aka cashed out)

Words of wisdom from The Gambler icon_idea.gif
https://www.youtube.com/watch?v=7hx4gdlfamo

QUOTE(!@#$%^ @ Apr 20 2020, 05:13 PM)
how much u made?
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SUSMasterConfucion
post Apr 20 2020, 08:58 PM

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what is good oil and gas counter to buy tomorrow?
Syie9^_^
post Apr 20 2020, 09:12 PM

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QUOTE(GenY @ Apr 20 2020, 06:57 PM)
NEVER count your money until u have left the table (aka cashed out)

Words of wisdom from The Gambler  icon_idea.gif
https://www.youtube.com/watch?v=7hx4gdlfamo
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Good song wub.gif thumbup.gif
SUSGenY
post Apr 20 2020, 09:39 PM

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Yup. Good advice too for stock punters biggrin.gif

QUOTE(Syie9^_^ @ Apr 20 2020, 09:12 PM)
Good song wub.gif  thumbup.gif
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SUSGenY
post Apr 20 2020, 09:51 PM

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I'm a survivor of the 2015 oil price crash.

Be very careful ... this is a gruesome industry. Two oil & gas "blue chips" of 2014 are trading today at less than 5% their 2014 share price.


QUOTE(MasterConfucion @ Apr 20 2020, 08:58 PM)
what is good oil and gas counter to buy tomorrow?
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foofoosasa
post Apr 20 2020, 10:08 PM

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QUOTE(GenY @ Apr 20 2020, 09:51 PM)
I'm a survivor of the 2015 oil price crash.

Be very careful ... this is a gruesome industry. Two oil & gas "blue chips" of 2014 are trading today at less than 5% their 2014 share price.
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agree with this statement. very unpredictable industry and volatile. learnt my lesson as well. even want punt dont overweight in this sector.
SUSMasterConfucion
post Apr 20 2020, 10:19 PM

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noted and thanks for sharing your exp
yhtan
post Apr 20 2020, 10:23 PM

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QUOTE(GenY @ Apr 20 2020, 09:51 PM)
I'm a survivor of the 2015 oil price crash.

Be very careful ... this is a gruesome industry. Two oil & gas "blue chips" of 2014 are trading today at less than 5% their 2014 share price.
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During oil price crash on year 2015, the oil consumption still there, today the consumption has drop 20mil barrel per day and OPEC+ cut 9.7mil barrel per day. This is a total different scenario we seeing it right now.
potenza10
post Apr 21 2020, 12:08 AM

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Can't wait to see o&g counter tomorrow as crude oil drop to usd10 tonight...

This post has been edited by potenza10: Apr 21 2020, 12:08 AM
danielcmugen
post Apr 21 2020, 12:16 AM

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Since it is so unpredictable now and the market just seems so strong, I have a feeling people will buy in at tomorrow morning’s gap down price and push it back up. Let’s see.
potenza10
post Apr 21 2020, 06:13 AM

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For the first time.. Oil plunged below zero level.
SUSMasterConfucion
post Apr 21 2020, 08:22 AM

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QUOTE(potenza10 @ Apr 21 2020, 06:13 AM)
For the first time.. Oil plunged below zero level.
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below 0?! means i pump petrol u pay me money?
foofoosasa
post Apr 21 2020, 08:31 AM

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QUOTE(MasterConfucion @ Apr 21 2020, 08:22 AM)
below 0?! means i pump petrol u pay me money?
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That's for wti spot price.

Wti June 2020 delivery still trading above usd20 oer barrel.

Not much related to our fuel price
potenza10
post Apr 21 2020, 08:56 AM

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QUOTE(MasterConfucion @ Apr 21 2020, 08:22 AM)
below 0?! means i pump petrol u pay me money?
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For contract price.

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