My Trading Adventure

Limit down : Funds selling?

CP TEH
Publish date: Fri, 21 Jun 2013, 05:27 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
This happened so fast ... last 10 minutes. The queues becoming weird ... ab-normal.

BKawan : Drop to 13.46

BJToto : Dropped to RM3.20

CBIP : Dropped to 1.93

Coastal : Dropped to RM1.48

HSPlant : Dropped to RM1.89

TDM : Dropped to RM2.90

All traded with extreme high volumes in last 10 minutes. Why are these things happening? It happened before ... but I do not think so it those fat-fingers or such. Can anyone explain this 'phenomenon?

note : all these are very strong fundamental stocks.

will update with charts, for my own keeping.

TEH





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Discussions
Be the first to like this. Showing 34 of 34 comments

BC475654

Bursa system goes haywire?If yes.can we issue a UMA to Bursa?
This is appropriately call "unusual market activities"-UMA.

2013-06-21 20:10

iafx

calm, most of these counters r good one, will rebound back to normal level soone

2013-06-21 20:19

yfchong

Got chance buy lah Monday just q buy whAt ever price lah...

2013-06-21 20:21

BC475654

Will Bursa suspend all the affected counters while investigation is under way?If system is at fault ,there will be a price requotation before trading is resume on Monday.As of now we don't know what has gone wrong.

2013-06-21 20:34

thesteward

today I also notice quite a number of abnormalities uma in the last 15 mins. Mbsb the most peculiar. SKpetro was hovering around 4.15 to rm4.16 and then suddenly within short while rm4.12. monday already nak masuk klci component some more this thing can happen. really dont understand. these are good stocks...

2013-06-21 20:38

iafx

could be f.fund mass disposal, note price stopped right above suspend level. base on history cases, most likely will not reverted. anyway, believe bursa will issue statement soo

2013-06-21 20:47

shirley1

traders and punters will come in on monday... buy more huh..

I will q cbi to buy at 2.18
I will q bjtoto to buy at 3.28
I will q coastal to buy at 1.68
I will q tdm to buy at 2.98

got guts ? see who can get first.. hahaha or sob2

2013-06-21 20:50

yfchong

Wat about hsplant

2013-06-21 20:51

thesteward

the funny thing, iafx, is that for example mbsb case, I was queing up at rm3 quite sometime before last 15 mins, then the uma happened I of course get the stock at rm2.90 (durian runtuh lah if monday goes up) as it happens after 4.45pm. after that I notice there were many orders at 2.90 but of course didnt hit lah only those que up earlier than that hit. So really dont know whether there is some special arramgements. Anyway, this is a good counter, and as long as not contra i think sud be ok lah....hopefully. SKPetro part of klci component next monday hope this counter will perform well first day part of component.....

2013-06-21 20:59

iafx

if the total quotes b4 yours already fulfilled the sell orders, u will not get it regardless how long u hv q.

2013-06-21 21:05

BC475654

Similar pattern on Lafmsia.Last price before matching @10.58(-20sen).At 4.50 price shot up to 11.16 9(+56 sen).

2013-06-21 21:06

thesteward

wah that means quite a number of uma or matching today....

2013-06-21 21:25

thesteward

chia lat, stoxx rebound earlier seems to pancit abit liao. cham.

2013-06-21 21:26

minkatan

I think, some investor selling, preparing fund to head back to US. This probably will happen for the whole Asia in coming weeks. Get ready to collect!

2013-06-21 21:35

littleshark

Walao weirdo thg happening here. Is it heavy disposal by those fund/big institution? Hmmph luckily i didnt own any of the stocks above

2013-06-21 21:37

regnig

Bjtoto mega sales, hope Monday I can grab some durian...

2013-06-21 21:43

thesteward

i believe Monday it sill go up, at least mbsb will. reason is last 15 mins on thursday, mbsb also drop suddenly to rm2.99...today after 1030am became green ...doing well until again last 15 mins today suddenly rm2.90.

2013-06-21 21:43

messi

DOW is now green. Hope it can maintain green at end of day. Then KLCI can hope to recover on Monday.

2013-06-21 21:45

thesteward

dow is green, stoxx pulak red...sigh

2013-06-21 21:48

air01557

its a technical glitch

2013-06-21 23:08

sheep

"SHOCKED" is the expression on my face when i see the prices at 4.501pm

2013-06-21 23:25

Kim Yap Lau

“我們已向有關證券行了解,確認一籃子交易(basket orders)確實來自他們的機構客戶,是真實且正確,這並不是‘非尋常交易活動’。”

http://adf.ly/Qt0BW

2013-06-21 23:41

thesteward

the thing is why push up the prices after the 12.30pm break only to do massive selling during the last 15 mins? today's sandiwara after 4.45pm for a few counters is really shocking.

2013-06-21 23:42

PureBULL .

Some big funds in KLSE is worried of Black 505 in KL this weekend.
There r some stocks being thrown down a lot at close.
Panic sell to get out.
So guys n gals, please behave well in the event.

2013-06-22 00:05

anbz

if u trade online that day...your order are still not there after 9 am..this happen to me

2013-06-22 00:07

carynchua

why the selective sell-down? puzzling....

2013-06-22 02:13

k33keong

Quite sure everything will be back to normal on Monday. Those bought at real cheap prices yesterday should consider themselves striking a small jackpot, like buying Toto lotto. Congrats to those lucky uncles & aunties.

2013-06-22 08:45

shirley1

Dj up a bit.. some traders cannot use that as excuse liao.. hahaha. okok Monday is good time prove they are skilled traders & punters, start using their 5 or 10 years kungfu learned.. great huh.. hahaha

2013-06-22 08:54

shirley1

jus my view.. don't be stupid stupid to go analyze the charts or candles or discuss whole afternoon, for those counters to predict it will go up or come down next Monday.. it will really make you look stupid and like idiots..

2013-06-22 09:57

JTFX

haha..as they say..analysis paralysis??.

2013-06-22 17:36

AlbertLim

Mr Teh, how much you lose in the gap down stocks? Please share... if you got balls to do so....

2013-06-23 13:11

shirley1

really funny.. never know so many ppl longing for Monday, it is blue Monday ler.. vroom vroom..

2013-06-23 14:28

shirley1

monday fast fast come, i want to know if i cry or laugh..

2013-06-23 14:32

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