As previous post stated, ChinaMinZhong is a dead horse. I miss 1 bid in triggering my short sell @ 0.665. =( Likely more downside ahead. IPC Corp, today's volume is incredible, if you chase now, potentially you are in great danger. Likely today or tomorrow, the BB will do their final sell down. Addval Tech, one thing i dont like about chasing penny stocks is that, if you chase the wrong penny stock, thats it for you. In a penny fever, usually you can only chase 1-2 counters. The reason being that you want as much herders as possible.
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View on the article below To add on, the heavy weight counters such as the 3 banks, 3 jardines, hk land, FNN, singtel has been doing relatively well to the sinking ships such as wilmar,noble etc. These heavy weight counters constitutes about at least 50% of the STI. So, if you think STI is at its high now? Think again, dont be fooled by the numbers. (from fb post) The lastest financial result from the majority commodities stocks are not doing exactly what investor want. If you are still keen on going on them, do have a stop loss in mind. Why you might think commodities are already on their low, they can always go lower. If you already have long positions in some of these highly volatile counters, the best strategy could be doing a hedge against it. from : http://www.businesstimes.com. sg/premium/top-stories/dont- confuse-sti-market Don't confuse STI with the market - On Aug 6, the index closed at a 12-month high but, at the same time, 9 in ...
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