Wow, got burnt from US stocks. Haha, lucky still got net.

Anyways, just checked that the managing director of Ramunia acquired 500,000 shares. JUST FYI.

Hopefully dow will recoup some of its losses but we'll see. Still got 3.5 hrs to go.

GO RAMUNIA!!!

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Added on January 16, 2009, 12:00 pmBIg blocks buying for Ramunia.... let's go ramunia, let's go back to 50 cents

This post has been edited by AdamG1981: Jan 16 2009, 12:00 PM

LOL, thanks guys.

I revised my target ...... let's make it 60 cents. LOL....

Yup, i am willing to wait.

Limit up coming soon?

Don't know, i just feel lucky today.


See you guys in a bit, going for lunch. Anything important give me a call.

I just say today's might be my lucky day. Limit up is 61 cents? so not much difference right?

Just FYI:

The Managing director Dr Daniel Ahn has acquired another 350,000 and has filed to Bursa Malaysia dated 15/01/09.

http://www.bursamalaysia.com/website/bm/li...lding/index.jsp

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Added on January 16, 2009, 1:48 pmOver the last week, Dr Daniel Ahn has accumulated 850,000 shares (purchase from open market)

What do you guys think?

This post has been edited by AdamG1981: Jan 16 2009, 01:48 PM

This i am quite unsure, but i seen big blocks sale going through this morning. Maybe investment banks are stacking up for the "possible" takeover announcement? Who knows?

Haha.....

My pleasure.

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Added on January 16, 2009, 2:36 pmOh hot damn, this is my jam........Keep me party till the am....lalalala

Ramunia 38.5 cents

This post has been edited by AdamG1981: Jan 16 2009, 02:36 PM

Actually, i bought EQUINE few days ago...oh well

Haha, DJ, you know my hip hop name also...hahaha

I will be adding my ramunia shareholdings. Wouldnt sell so soon.

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Added on January 16, 2009, 4:32 pmI will be adding my ramunia shareholdings. Wouldnt sell so soon.

This post has been edited by AdamG1981: Jan 16 2009, 04:32 PM

Sorry bro, ain happening.

The fact that DOW didn't rally past 9000 means that any temporary relief rally will not surpass 10 SMA (weekly chart). If you check carefully, the 10 SMA for DOW is now at 8500+. If there's going to be any meaningful rebound, it has to break 10 sma, and price action has to stay above the 10 sma for two time frame, meaning two weeks.

Before the OBAMA big day on the 20th, i will liquidate all my share holdings and stay cash. The threat of deflation is very real...

There might be a relief rally but then the econ data will worsen; even the leading indicators are showing no signs of improvement. Right now is better to be on the defensive, cash and T bills.

There are plenty of money in the system but the banks are not lending yet because the banks do not know exactly how much its assets are worth. Bad debts are mounting; credit card debt is the next timebomb to explode. Deflationary threat is very real.

If we don't break 8500 and stay above 8500 for two weeks, we will melt to 7600 and possibly down to 6600.

Even though OBAMA might symbolize the change of a Bush doctrine but by no means necessary that the market will have full confidence and rally upwards strongly.

OH

BOY

AMERICA

MELTDOWN

AGAIN

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Added on January 17, 2009, 5:19 pmRamunia i'll hold and dump when the time is right.

Yes, couple of problems i FORSEE.

a) TARP - the release of the fund will FAIL

b) Stimuls BILL - WILL not pass on first attempt, thus prolonging the recession



This post has been edited by AdamG1981: Jan 17 2009, 05:19 PM

Yes, if the price action fails to break 8500 and stay above 8500 next week, we will go down.

hahaha, yes blog for my OSK clients and potential clients.

Well, it's also bad that DOW didn't rally more than 100 points upon Blair's announcement of a "bad bank" to absorb all the bad loans. This is just a relief rally, nothing much will come out of it.

Obama rally? Think again...

Quoted from CNBC.

Companies reporting range from health care heavyweight Johnson and Johnson [JNJ 57.44 -0.18 (-0.31%) ] to IBM [IBM 84.92 0.80 (+0.95%) ], Microsoft [MSFT 19.71 0.47 (+2.44%) ], United Technologies [UTX 51.10 1.41 (+2.84%) ] and General Electric [GE 13.96 0.19 (+1.38%)

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Added on January 18, 2009, 1:56 pmAnd Citigroup and Bank of America will be nationalized next month

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Added on January 18, 2009, 2:01 pmHSBC going down?

This post has been edited by AdamG1981: Jan 18 2009, 02:02 PM