DARN ! if onli bursa closed at 5:30 pm ... INSAS would have reach Dua Ringgit today ! Leno will go complain ... ask Bursa to extend insas counter trading tomolo till 5:30 pm. Other counters can closed for holiday tomolo ... everi one can onli play insas ....
OPS ! cORRECTION : LAP u ! hope insas will go up up up UP UP UP UP UP UP UP UP UPPPPPPP !!! PARDON THE CAT ... JUST NOW ACCIDENTALLY BLURT OUT FROM MOUTH ...
okay ... all INSAS comrades ... time to chow , go exercise and spend times with famili or fren. Tonight must sleep early .. u know lar ... have to wake 5 am tomolo to promote insas mar ...
Lolz so little vol....usually morning up...afternoon down dy...same trend for few days... good fir cotra ppls...lol...safe ply cotra 1.21 to 1.28 as long 1.18 as cut loss
KNY123, insas worths RM2 but no one knows exactly when will the price reflect that value. Price will definitely fluctuate in between. If u are worried about the price fluctuation (which could be quite volatile according to past trend), you should then take profit. Decision is yours. Not a buy sell call.
Go ahead and sell if you are worried. It means you have weak hands and no conviction. I otoh have lots of conviction and strong hands. Then again maybe my life does not depend on whether it falls back to 1.22 again. Or, even .95. Maybe yours does? I made my decision and only you can make yours.
gweilo I admire your picks of value stocks. There are people who are not well-informed/ aware of the potential of this counter and bought in at first due to rumours. Hope they can slowly discover and appreciate the value of insas. BTW let me know if you have other similar stocks in mind like E&O and INSAS! Nice meeting you here.
if you notice, those hohup, inari (subsidiary) share price up higher than Insas. Why? Because they are the one direct benefit from their own profit while Insas need to "see their face" to determine own price. If one the subsidiary drop, Insas will also drop, see the relationship with Inari. SO, invest in insas better or his subsidiary? Make your own choice.
Do sell or not, you must always make your own decision. Some people buy & sell (buy low, sell high, buy high, sell higher, the risk is lower, your profit may be lower too, however, you pocket $$$ all the times, if the market suddenly crack or crash, you will not be badly affected), we called these people trader. Some people just buy and keep (let the stock appreciate until satisfy then sell, can make a lot of $$$ but more risky, if market suddenly crash, you can also escape if you are a Superman), we called these people investor. Both Trader & Investor must be well verse in order to make profit.
Insas (INS MK) Technical BUY with +17.2% potential return Last price : RM1.28 Target Price : RM1.36, RM1.50 Support : RM1.18 Stop-loss: RM1.17 BUY with a target price of RM1.50 with stop loss placed below RM1.17. Following a minor pullback from the recent high of RM1.28, INS’s share price formed a candlestick pattern of “engulfing” yesterday, which signals a bullish reversal. The pattern was accompanied by a higher trading volume of 17.3m shares (vs 10- day average of 12.0m), indicating the emergence of fresh buying interest. A bullish crossover in Stochastic and a positive closing above both the 10-day and 21-day SMA lines suggests INS is ready to pounce higher. We place our target price at the 1.61x Fibonacci extension level of RM1.50 over the medium term.
insas may be a good share but the upswing is limited compared with the subsidiary co like Inari , When Inari moves , it moves a little but it will swing back to its original place , sometimes much lower . Forget about insas but watch inari or its warrants for better returns . The point is to buy inari at its resistance will be a better idea. Do not put your money in insas coz the percentage of losing money is much greater...2 cts
nagachan & Tori - thanks for both of your comments. For your information: I trade almost everyday not only INSAS but many other counters too (I am a trader, hit & run) and I use all my net profit to invest. So if in case the stock market crack or crash, I will not be affected. To me Net Profit & Solid Cash are the KING.
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leno
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Posted by leno > 2014-04-24 16:50 | Report Abuse
DARN ! if onli bursa closed at 5:30 pm ... INSAS would have reach Dua Ringgit today ! Leno will go complain ... ask Bursa to extend insas counter trading tomolo till 5:30 pm. Other counters can closed for holiday tomolo ... everi one can onli play insas ....