this spac got problem !!! recently it went down to new low which is very abnormal for spac !! normally ipo shares after listing with daily high volume and after that little bit little bit turun .........the end result is like csl or china stocks !!!
Posted by Harvard57 > Nov 3, 2014 12:16 AM | Report Abuse X
this spac got problem !!! recently it went down to new low which is very abnormal for spac !! normally ipo shares after listing with daily high volume and after that little bit little bit turun .........the end result is like csl or china stocks !!!
warn u guys to chow n run @24 sen but dont listen....35% gone for not listening to kind hearted man padang muka
Saudi Arabia reportedly sees $60 as the level where prices will stabilize, after OPEC last week opted not to cut its production quota. U.S. oil futures were trading close to $66, nearly 40 percent off their June high, and Brent was just $69 per barrel Friday, trading lower after Saudi Aramco cut its January prices to Asia and the U.S. "The problem for OPEC is if they don't blink, and let's say they do shut down the rate of production growth in the U.S., and they get a price back to where they like it to be, U.S. production growth starts again," said Edward Morse, head of global commodities research at Citigroup. Morse said he expects oil prices to stabilize, but that the Organization of Petroleum Exporting Countries will likely be forced into taking action and could cut production in the April, May time frame when prices are seasonally weaker. Saudi Arabia can easily weather lower prices, but other OPEC members cannot. If OPEC does not cut, West Texas Intermediate could drop to about $58 per barrel.
As oil plunges, sell these stocks tomorrow Jim Cramer is witnessing a battle between the joy of consumers and the pain of the producers. On a day when the Dow Jones industrial average dropped 268 points, the agonizing screams of the producers won the battle. Squeaky wheel gets the grease, right? There is still some good news, though it seemed overshadowed Wednesday. Consumers are benefiting at the gas pump to the point where it is unbelievable how cheap gas is. That's like a free tax credit, right in your wallet. So, what happened? "Simple: We're just not importing cheaper goods from overseas for the moment, we're also witnessing the stress in their countries at the same time that some of our institutions are bearing the strain of our own domestic oil producers," Cramer said. These days, that stress has come a little too close to home. For the longest time, the oil producers were overseas in countries far away. Now, the gasoline going into your car could be produced and refined in the U.S. Thus, investors cannot close a blind eye to the stress of low oil prices. Additionally, there are countries that have borrowed a lot of money and now run a risk of default. Countries like Nigeria,Iran or Iraq may not be able to pay their bills. So, while there was positive news for the consumer on Wednesday, it was put down by the lurking dark shadows of the oil producers and countries under stress. Cramer warned that if oil does not stabilize soon and goes below $60, there will be more days where the producer's credit pain overwhelms the consumer's spending gains ahead. Buckle up, folks.
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Posted by Amirul Amilin > 2014-10-27 11:55 | Report Abuse
hmmm