I have been looking at the MESDAQ board and wondering if any counters are worth investing in ? People always seem to overlook this board..Any particular reason

its the beginning of the recession. just watch now, and invest later when the prices are at its lowest.

Mesdaq counters don't need to have prior previous good track financial record for listing (compared to main board) while they are small cap in general, which is risky in the first place.

Have you overlooked Asiabio?

The price was stagnant @ 0.27 for a long time since listed in December and suddenly went up as high as 0.40 early last week. Currently @ 0.37.

I was monitoring this counter for quite some time but gave up before the price shot up.

Missed the boat.

NYSE lol . . . .

AIG at USF0.37 last Fri . . . this week USD2.00 . . WTF . . . i miss the f*** boat ... siaoo .. . . .

Has anyone heard of this counter Nova (0026) ?

Got a colleague of mine seem to buy this share... When asked he said this was loss making but will be profitable so good time to buy ?

Not sure true or not ?

Not much information written about these counters.

I don't trade on counters which I do not understand.

Xuzen

This post has been edited by xuzen: Mar 21 2009, 02:44 PM

Since Mesdaq is low market cap generally, in the market, it is easy to be manipulated by interested party.

Fund managers are rare into this kind of counters.

Wow.. what happened to Asiabio. Today dropped sharply to 0.140 from 0.370 yesterday? 62% loss!

Hey I was eyeing on this asiabio counter...if drop somemore I will grab

any info on this counter? asiabio

Asiabio dropped and ended @ 0.105 today at break with huge volume too. Hmm.. why?

Hmm.. is it b'coz of the recent released financials?

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Added on March 24, 2009, 10:48 pm
Went down as low as 0.095 and ended @ 0.100 (down 4 sen) at close today with high transactions recorded.

Any comments guys?

This post has been edited by Freelancer: Mar 24 2009, 10:48 PM

Anyone invest in ASIABIO. Now the price consider very cheap.

I still have 500lots at 0.08 . I saw it was oversold in the RSI and the ADX+ cross with ADX- at 0.085 .

My TP will be about 0.2

Avoid by all means. It not worth it, the RISK is just too high.

Mesdaq counters can be a bottomless pit, more often than not.

Exactly! One must understand why some counters trading 2cts, 3cts........

Yes, and quite often you see major shareholders and directors cashing out of their own companies after listing. I don't consider these types as serious principals working to maximise shareholders' wealth after their selldown.

If one looks at some Mesdaq counter, company annual revenue mere a few million to ten million only which is simply too small, ordinary company out there mostly also can surpass them much more than that.

Well Said.

But those who still thinks that its worth to punt, look at N2N (again not recommending but less risky compare to the rest in Mesdaq)