Y this counter drop so much?
12c holding very well. Should see some real actions later. Must breach 12.6c and holding there or higher.
hi, can pls share the market depth? Thx
Fishing time for good buys.... swinging up, down, up, down and now reversing. Must cross beyond 12.5c to be meaningful. Tested yesterday but failed to clear
Posted: September 10, 2015 10:36 amPosted by: @risktaker
geo energy may form a bottom.... and may start to rebound... first target 15 cents
geo energy may form a bottom.... and may start to rebound... first target 15 cents
Wow!! This morning got 1 minute, that's 60 seconds to make some money out of Geo Energy.... before it continue to slide down.
Am monitoring closely for re-entry position but may not enter at all
A good idea will be to sell some first (or even short some) and buy back after a few pips drop. After that cover and buy more should it shows good strength to recover. But as you say, it is not easy to read the market.
Posted: September 9, 2015 5:50 pmPosted by: @roundround
Will attempt another try maybe tomorrow if there's good support but not easy to detect the signals
Posted: September 9, 2015 5:43 pmPosted by: @demostation
Looks quite tempting, but I will prefer to see whether it tries to go near the 10 cents or not.The price of below 12 cents is certainly low valuation or near to NAV, (not researched), giving it a good ratio of P/B of < 1.
But got to look at the big picture, the business angle first.
Will attempt another try maybe tomorrow if there's good support but not easy to detect the signals
Posted: September 9, 2015 5:43 pmPosted by: @demostation
Looks quite tempting, but I will prefer to see whether it tries to go near the 10 cents or not.The price of below 12 cents is certainly low valuation or near to NAV, (not researched), giving it a good ratio of P/B of < 1.
But got to look at the big picture, the business angle first.
Looks quite tempting, but I will prefer to see whether it tries to go near the 10 cents or not.
The price of below 12 cents is certainly low valuation or near to NAV, (not researched), giving it a good ratio of P/B of < 1.
But got to look at the big picture, the business angle first.
Look like another chance to push towards 12.5c and above. Reloaded round 2. Please DYODD
Exit earlier as cannot clear 12.5c convincingly. Will find another entry point when price find another support.
Posted: September 9, 2015 1:06 pmPosted by: @demostation
With the counters dropping so much, I believe margin calls on BBs are imminent, or happening now. Thus we may see further down. But can be anybody' s guess.
Posted: September 9, 2015 12:21 pmPosted by: @roundround
My entries 11.8c, 12c and lastly 12.3c.Have to clear 12.5c convincingly in order to see more upside
And have to monitor closely because this wild lion is still untamed..... HUAT ARRH
With the counters dropping so much, I believe margin calls on BBs are imminent, or happening now. Thus we may see further down. But can be anybody' s guess.
Posted: September 9, 2015 12:21 pmPosted by: @roundround
My entries 11.8c, 12c and lastly 12.3c.Have to clear 12.5c convincingly in order to see more upside
And have to monitor closely because this wild lion is still untamed..... HUAT ARRHH
Posted: September 9, 2015 12:16 pmPosted by: @huafaster
Very nice to see brother RR come here, i also bought 200k@0.118 this morning.
My entries 11.8c, 12c and lastly 12.3c.
Have to clear 12.5c convincingly in order to see more upside
And have to monitor closely because this wild lion is still untamed..... HUAT ARRHH
Posted: September 9, 2015 12:16 pmPosted by: @huafaster
Very nice to see brother RR come here, i also bought 200k@0.118 this morning.
Posted: September 9, 2015 11:42 amPosted by: @roundround
Not vested previously but I took some positions this morning when it briefly felt below 12c.Seeing accumulation going on grom 11.8c to current 12.2c. Shortists will have to cover if support is found at 12.5c up later this afternoon.
Anything can happen from now. Monitoring closely. Please DYODD......
Very nice to see brother RR come here, i also bought 200k@0.118 this morning.
Posted: September 9, 2015 11:42 amPosted by: @roundround
Not vested previously but I took some positions this morning when it briefly felt below 12c.Seeing accumulation going on grom 11.8c to current 12.2c. Shortists will have to cover if support is found at 12.5c up later this afternoon.
Anything can happen from now. Monitoring closely. Please DYODD......
Never mind brother, I just share my views.
Posted: September 9, 2015 11:34 amPosted by: @demostation
Bro Guiren was asking whether to long or short, when it was 13.9 so I am just refering to my answer to him, maybe he is lucky to sell then. Lol
Posted: September 9, 2015 11:30 amPosted by: @huafaster
Its bias of 5,12,50 all historic low and RSI also around 10 now, definitely it will rebound soon
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