Fast going down to 0.855 now!

This is the most volatile counter I ever come across.

Savusavu, u may want to consider cutting loss now.... unless u plan to average down till next week & hold onto heavy paper loss for some time.

The current price, 5 days EMA & 20 days EMA converging.... very dangerous!! looks more like there is going to be a trend reversal (turning into a downtrend). Very risky to buy today.

Go with the flow.... if price go down wait till 4:30 p.m. then buy; if price go up buy a little (very little) if fingers itchy.

0.900 support broken.... heading toward 0.870. paktua73, come back ...can make money here now.

If paktua73 go away means the blood today is going to be too little for him to suck & tomorrow will be huge upward movement.

Strategy must always change according to market condition. If the market move slowly, change strategy slowly but if the market move very fast (like the past few days) then strategy must change very fast also, otherwise will get stuck with very big loss.

If price go down again today then sell low in the morning & buy back lower at 4: 30 p.m. If price go up today then buy high & sell higher as it goes but must quickly sell back if suddenly drop. Move down & up .... go with the flow.

Looks like BJCORP becoming more active.....
http://www.concordregister.com/berjaya-corporation-berhad-3395-kl-reaches-active-mover-list-1-39/

Missed all the fun today.

How is this stock doing now? Left it a long time ago.

Paktua73 like rugi rugi one.

Today cannot make money never mind... already got back all previous losses from yesterday's 20% up in price.... as long as don't close below my average entry price. Tomorrow try again!

Uptrend still intact.... in the mean time, must change strategy a little bit (use old man Paktua73 method now).

Buy sell buy sell is the way to play this very unstable counter.

Hopfully, Pang72, but don't be too confident.

I sailang in & out 6 times this morning & end up holding more shares than yesterday.... as a result, my average entry price moved up from 0.805 to 0.869.

I think this afternoon session will be a repeat of this morning session. The price will move up to RM 1.00 (or more) between 2:30 to 3:00 p.m. & then move down quickly again. Considering now the price is only down 1 % from yesterday's close, those who want to get out may want to do so at RM 1.00 (or above) b4 it start moving down again. U can buy back again at lower prices later b4 the close.

Y panic? Yesterday up 20% this morning only down 2% (normal). The uptrend signal just show up this morning. The volume today also will surpass yesterday's volume. The only thing is when u play this counter u must sailang in & out quickly a few times with very fast fingers.

Sell low, buy high & sell higher!

Woody, buy back again this morning.

For newcomers who plan to enter SAPNRG tomorrow morning, please be aware that its price has risen 45 % from 0.670 to 0.975. SAPNRG's volatility is 27 % up or down, i.e. it tends to go up 27% during uptrend (or rebound) but it may also suddenly go down by 27 % if there is a reversal in trend. Judging from its previous 2 days' price & volume, the probability of it moving up tomorrow is higher (than going down... but there is no guarantee lah). If the trend continue to go up tomorrow, it may come close to RM 1.20 or RM 1.24. So, u decide for yourself whether to jump in or not.

Alex, tomorrow still can join the flight.... the uptrend signal still not yet confirm (when confirmed, many more people will rush in & the price will shoot up even higher).

and superbull11.

superbull11 also so funny!!

Hahahaha!! Cooling ..... so funny!!

Tomorrow still can buy.... will go up to RM 1.20.

Eh!! Paktua73, I thought u only make money from downtrend one? U also join in the flight kah? Hahahaha!!

Today performance even better than last Friday leh.

How about today buy, tomorrow fly?

Pmaster, no problem .... but just to let u know I wasn't guessing on the less 16 % probability: I calculated it using statistics formula based on past 60 days' closing price data.

Quote: Pmaster "Now the price consider stable , if the price will bk to 1.50-1.60 , how long the time need to take one month or 3 month or 6 month?" 08/01/2018 13:36

There is a 77 % probability the price will reach my RM 1.20 TP (hopefully b4 Chinese New Year) but the probability of it reaching your RM 1.50 to RM 1.60 TP within 3 months is less than 16 %.

While waiting for the next uptrend, we sailang in & out a few times everyday to make free cash profit while watching the daily show.

Yes, too simplistic (NTA is only very remotely connected to the TP).

The TP has nothing to do with the NTA.

Congrats to those who sailang in & out: from the 7.4 % increase in price this morning, I'm sure u made at least 3 % or 4 % net profit. If u played with RM 100k, that will be RM 3k to RM 4k net profit for half day. We need people like Hng33 to sailang in & out everyday so that the price will be pushed up further everyday. I also sailang in & out twice this morning but only for RM 7k (I still keep my original investment in SAPNRG... waiting for my TP at RM 1.20 b4 saying sayonara).

EPF have to buy back those millions of shares leh.... bcoz the Big Boss say GE14 coming soon after Chinese New Year.... must make people happy leh (so people will vote for BN lah).

I noticed that the sharks have attempted to push up the price at least 3 times but the price came down quickly again because the giant whales (EPF & other Big funds) kept dumping millions of shares since 2 weeks ago. On the 3rd or 4th attempt (last Friday), the sharks were successful in pushing up the price & volume. Do u think the sharks will so quickly press down the price tomorrow? They also afraid if they press it down, then next time when they try to push it up again either the retailers would have given up this counter or the giant whales will be able to sabotage their plans.

EPF dumping 13,000,000 shares is not a problem compared with the 332,171,900 shares transacted on last Friday. If the volume on Monday is more than 200,000,000 then even if EPF dump another 13,000,000 also no problem.

investor12345, if the sharks don't press down on Monday then RM 1.00 is a possibility next week. I think it is more likely the sharks may not press down bcoz they also want to sell at higher prices b4 the Chinese New Year (which is only 5 weeks from now).

27 lots = 2,700 shares.... isn't that too little?

Sapura got energy to continue climbing on Monday.... that's y it's called Sapura Energy!

The sharks also need money for Chinese New Year ang pows. The BN people also need money for the GE14 (probably immediately after the Chinese New Year). The foreign funds also need to bargain hunt for stocks with low valuation. The EPF, KWAP & AMANAH also need to buy back those millions of shares they dumped b4 the price go up too high (otherwise they will rugi billions of RM for "illegal dumping").

Quote: "Pmaster Risk , this trader too tricky , u must 100% make sure the price is stable..."

I purposely chose to trade SAPRNG bcoz it is very unstable (it's volatility is 24.3 % up or down in price).... that way, I can move down or move up within a short period (don't have to wait so long). I didn't trade the other O&G counters bcoz their daily market turnover was much smaller (lower liquidity) than SAPNRG. Most of my other counters r sleeping one (like BAT & SPSETIA) but can suddenly shoot up one.

Hahahaha!! Paktua73, I like your style of writing... berpantun2, hard to understand but banyak isi. Thanks!!

I use all kinds of strategies: curi ayam, mioww2, average down, average up, or whatever... as long as they help achieve my objectives.

But if the price is press down to 0.70 tomorrow, I will also buy some (not so much) at the lowest possible price (this will average down my entry price to 0.76 or 0.77). I can move both ways... up or down.

I prefer to buy when the price keep rising but I will quickly sell the newly bought shares if the price suddenly go down again (I'll keep my original number of shares to sell at mt TP).

Paktua73, I don't follow other people one.... I only follow myself but I read other people's comment so I know what they r thinking.