many broker already capping ace counters. still think ace counter can play?dream la, the syndicate is washing out their shares on hand. but a big hit down and then pull up for u ppls to chase.
newman. how r u. i think its ace meltdown. others r either gone up too much and has an excuse for others to take profit. mkt need a healthy correction before it can go higher. thanks god its ace melt down to provide some reality check to mkt. i think ace is game over. in medium term its healthy for the mkt as attention will shift to proper stocks with real business. u and me donno what vis do but so many trading them to sky high p.e. infinity p.e bcos they r money losing company.
stocks like leweko also can go up, mkland also can go up means too much money chasing in mkts.
Hi newman, What about the rumors that KLSE has been attracting US money in last few weeks? Could this be preparation for to get red carpet treatment for Obama's visit. The moment he leaves, the SELL begins. The conspiracy theory. Just kidding
The market have been showing the usual sings of a market running like a headless chicken in preparation of an upheaval. The fury of some small-caps run and every time some well known investor/trader produce an article, it immediately spikes up. I won't call it a melt-down as yet, only time can tell.
newman. ace counter are not marginable in most case. only a few broker accept it as margin. the other bigger stocks r all very well behaved above their 30days moving average. dont see any margin call except Dsonic. hahaha.
these counters doesnt affect the stock market fundamental even if they all drop to zero. it only affect the sentiments for a few days. nothing to worry.
April has been a tough month for investors, with the Nasdaq taking a sharp dive as investors soured on many tech and bio tech stocks. The S&P and Dow are up for the month, but only barely. Attention is beginning to shift towards the Fed, which is set to wrap up a two-day policy meeting on Wednesday. The central bank is likely to dial back its bond buying program by another $10 billion in a bid to wean Wall Street off its easy money policies. from cnn business news...
friday(2/5/14) first trading day of the month. will we see klci breaking new high with the buying of link,banking & blue chip counters by fund. what about those penny and speculative stock being held by retailers/punters. will it be another 'bloody' red day. good luck and happy trading.
many broker already capping ace counters. still think ace counter can play?dream la, the syndicate is washing out their shares on hand. but a big hit down and then pull up for u ppls to chase.
huhuhu. today I heard many brokers chopping ace counters...
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MQ Trader 4548 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by newman > 2014-04-29 20:19 | Report Abuse
margin call & panic selling.