80% all green this morning. 1. Oil up 2.DOW up 3. Ringgit up 4. PM mention economi Malaysia is good 5. KSLE also good. Monitor Bio, Priva and AEM and Vsolar.
traderman, what I meant was this 2 days the price trend is down.. perhaps after UMA.. or other reasons.. of course overall it has increase tremendously..
Guys follow the sentiments & volume please, don't fight against it! Take yr profit! Can always but back at lower price!!!! Big boys unloading blue chips today and it's Friday to clear their positions! Stay out next week!!!
Always remember this strategy" every counter that runs up its only 2-3 days play only. Once They collected enough at low price n will push it up, retailers come in to ride on it. Once they achieved the TP target price for BIO us .48cts, the play is over. Those who jump in to buy at higher will make losses unless you Hv money to pick up! Once the game is finished the volume drops n price starts to retrace.... N consolidate... For how long all depends on the owner n syndicate when is the next push?? Before buying always study the data/chart to make yrslf a better trader ok? That's my advise to you. I will take a break for now n once I re-enter I will let all of you know. I only traded in 3 counters IFCAM which has run up very high, BIO n PRIVA... All sold yesterday. Just wanted to share with all of you my experiences, been burnt many times So trade wisely and take care if yr hard earn money. Never be too ashamed to take profit, if there is a profit to take! Rather than loosing, market is always there and there are so many other counters to play. Be careful n trade at yr own risk ok, brother n sister.
RAYdiant, the drop is very normal due to profit taking and also the UMA(you think simply reply bursa say you dont know why price go up suddenly will close the UMA ?). you should be more worry if it go to 60 cent today as the next action from bursa is designated. of course bio boss dont want create history by becoming the first ipo to get designated within 1 month upon listing lol ... still the same, holding power is the key.
Bioalpha supporters, press on & move forward!!! buying is now 40% vs selling 60%.. good sign!!! index already went up so high to 13.62% touching 1860.. all counters move up.. and hope this counter also..
YS3535, i guess you must be playing with cash account right?
for those with collateralized account, you will get additional 2-3x collateral (margin) & of course with higher brokerage fees (between 0.28 to 0.42%).. depended on brokerage companies..
eg. if you bought 50k shares or your cash park in your trust account will give you 100k to 150k margin to play with..
when you buy your shares via collateral, you either can trade it (contra players) within few days or pick it up (purchased the contract)
eg. 6th April bought 10k units of 0.20sen for RM2,000 will not be counted the day (Purchase Day). Day 1 (T1) will be 7 April, Day 2 (T2) @ 8 April, Day 3 (T3) @ 9 April is whether you wanted to pick-up or sell it off (options for you) Day 4 (T4) @ 10 April is the force sell day (cannot pick-up) & must be sell off, hence call force selling., if you dont sell-off, then you account will be suspended (for certain brokerage firms) or if you wanted to pick-up during force-sell (not encourage), then you must remit cash immediately (all depend on your brokerage rules & regulations)
of course at any point of time within the 4 days (T1-T4), if you reach your profit target, even on purchase day (intra-day), you can always sell it off.. dont have to wait until T3 or T4..
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traderman
7,854 posts
Posted by traderman > 2015-04-23 20:19 | Report Abuse
500k read as 5 million ... This Pang really power ... Looks like biohldg Is 5 cent tp not 50 cent lol ...