| Latest Forum Topics / SingTel Last:4.32 -- |
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Singtel Bullish???
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tanweiming_
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25-Feb-2018 22:49
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In before the reply I posted just now, can let big players buy in again LOL!!  Have a great sunday everyone! |
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tanweiming_
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25-Feb-2018 22:47
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What' s good about Singtel is that I do not need to monitor every minutes and seconds.      What' s bad about it is that since it doesn' t move much, my funds will be stuck there and lose out on earning money opportunities.  Sigh.  |
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wavehunter
Supreme |
25-Feb-2018 20:29
Yells: "Trade what you see, not what you hope to see." |
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The market will be very happy and very comfortable to buy once the selling has stopped. I believe there is a Kartek Monkey in the driver' s seat. Currently, he could be playing the 3.32 to 3.43 range. SHORT at 3.42 to 3.35 and cover at 3.32 to 3.34.  After that lie low and stop selling. This will then make some bargain hunters think it is time to buy.  Their buying will lift the price back to 3.40-3.43 region. Then the Kartek Monkey starts to SHORT down the stock again. He has been doing that over the last one week. Very good money for him given his thousands of lots. And he will continue to do that meantime whilst waiting for smart money at Wall Street to reveal whether the market wants to have that final one last leg down to end the correction (maybe in Mar when closer to FOMC Meeting on 20th and 21st Mar) or to call for a bottom in that week when Dow fell more than -1000 pts twice and to resume the bull run from here.  |
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daxdax18
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25-Feb-2018 19:21
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i think the market will only be happy to buy Singtel once yields reach 6%. Thats the risk premium required for telcos now it seems. | ||||
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tanweiming_
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23-Feb-2018 20:15
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When i typed the post the stock was going up and up lol.  But damn disappointed that I was greedy and forgot to sell high lol  but never mind la money can earn back one, grades cannot so im back to study 
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Shampain
Veteran |
23-Feb-2018 20:04
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haha depends whether u invest or trade. I believe u and me same kind going for long term. Can see u r very happy on IN threads. Hope we huat tgt
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tanweiming_
Member |
23-Feb-2018 19:10
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Re-entered Singtel at $3.39 with the same quantity.    Actually I recoup some losses that I sold previously from Creative Stock but now only realised lost $76.  Not going to buy or sell anymore and have uninstalled trading app haha.  5.15% dividend yield if not cut is juicy.  |
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KAMAL0883
Supreme |
23-Feb-2018 18:15
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may be is the Broker from a brokering firm ... sell buy same price to close some position without making any money and nvr lose any commission at the same add some transaction business for the company. if can make the best , dun make also no problem 
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Infinity
Member |
23-Feb-2018 17:33
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My question here is: if this monkey is currently a shortist, while holding tones of shares in this counter to be able to manipulate the price? could his lost on his sells value covered by his earn in shortist?   |
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wavehunter
Supreme |
23-Feb-2018 16:57
Yells: "Trade what you see, not what you hope to see." |
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He struck again...![]()
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wavehunter
Supreme |
23-Feb-2018 15:55
Yells: "Trade what you see, not what you hope to see." |
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We watch together to see whether the monkey exerts his authority later to depress the price further down. Now at 3.38 : 3.39. Its normal if we see 3.35 : 3.36 later. Especially during pre-closing when the manipulation usually occurs.   |
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SC0369
Member |
23-Feb-2018 15:32
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you are right if the seller has only one stock and is human. I think the seller is an algorithm who is selling here to buy somewhere else. IT may have sold SingTel and bought DBS or AEM or Hi-P, we dont know. When the algorithm sees no value in other stocks, it will come back here. Overall profit is important to the algorithm, not individual profit or loss. Until it comes back here....zzzzzzzz We are fighting with machines, probably not people.
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KAMAL0883
Supreme |
23-Feb-2018 15:28
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k tks for your view.  
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wavehunter
Supreme |
23-Feb-2018 14:51
Yells: "Trade what you see, not what you hope to see." |
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Bro... My gutfeel. Based on common sense. And also my past observation of price action in this stock as well as other stocks whenever a stock was sold down and went into a prolonged fall. The common sense part is this : Let' s say I am a seller of scrips I own. I am divesting. I am not SHORTing.    My objective will be to sell at the highest possible price so that I get back more capital for my scrips. I wouldnt want to sell senselessly and crash the price. That wouldnt benefit me. So on a day like today when I see the price rising nicely to 3.41 on the back of Dow rebounding by +164 pts after falling for 2 nites, I should do nothing and let the price bounce higher since sentiments have improved. If I am selling, not SHORTing, the higher the bounce, the better it is for me. Why throw a pail of icy cold water over the bulls by coming out so early at 10.35am to throw down 281.7 lots at the buyers at 3.40 to send the price back down to 3.39 : 3.40 ? Just on Mon, the price rebounded to 3.43 even. As a real seller, wouldnt I want the price to recover back to 3.50 or higher? And let the buying wave gather momentum and grow stronger fed by the greed of investors and traders and I can then join the queue to sell at various levels and distribute slowly when the price is on its way up? Put it another way - what type of monkey dont want to see the price go higher and higher? A Bear Monkey who is divesting and want the best prices for his scrips OR  a Kartek Monkey who has outstanding SHORTs and looking to cover his SHORTs at lower prices ?   
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KAMAL0883
Supreme |
23-Feb-2018 14:06
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Bro how you know this monkey is a short seller ? cannot be a pure seller who sold his/their holding ? Tks
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wavehunter
Supreme |
23-Feb-2018 13:56
Yells: "Trade what you see, not what you hope to see." |
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On Monday (19 Feb), we saw a nice bounce of 10 cts and she closed at the Day High at 3.43. But the monkey came out to exert his authority the very next day (Tue) and hammered the price back down to close at 3.38...down 5 cts. On Wed, there was another attempt to bounce to touch 3.40 but the monkey couldnt allow a mutiny and he again came out with his baton to hammer the bulls back to their shed to close at 3.37.  Then on Thu, right from the opening bell, the monkey made his presence known by hammering the price down to revisit 3.33 even before any bull could go around to organise a public demonstration. The monkey' s message to everyone was clear. That he is in-charge of this counter. That no rebellion against what he wants to do, will be tolerated. Today, we are seeing a repeat of what we saw on Mon to Thu. Bulls came out from the opening bell this morn and as a result, we had a nice bounce which reached 3.41. But the monkey couldnt allow this group of resistance fighters to gather strength and momentum. Becoz that' s how such things happen in history which led to a great event. First, you have a few people giving speeches to a small crowd. If left unchecked, that crowd grows into a mob. If still left unchecked, that mob grows into a sizeable force. Next you will see public demonstrations and mass gathering of people at town squares and vital government buildings. And with each passing day, more and more people joined the opposition groups to stage public demonstrations. And finally, after a period of unrest and turmoil, a dictator is brought down. We have seen this happening many times throughout history. And it is still happening. Likewise, a Kartek Monkey will not allow bull rebel fighters to gather strength and momentum in their quest for recovery. Becoz if he sits by and do nothing, the price will keep rising and in the stock market, a rising stock is like a magnet. It will draw and lure out more and more bulls from the sidelines to come out to chase it. And if the rise in the stock price triggers a " You BUY, I BUY" phenomenon, everyone including funds, institutional investors, retail investors and traders will all come out to grab for fear of missing the boat. Such a buying wave will then become much too strong for the Kartek Monkey to quell and reverse. That is why he will not allow this to happen. He may allow the price to bounce a little for him to collect more SHORTs at higher prices but he will not allow the price to rise in such a way that it gives birth to a buying wave which will knock him off his feet. As such, whenever we see a bounce...even a bounce of 10 cts and it is greeted after that by a spate of selldowns to hammer the price back into the monkey' s comfort zone, this price action is consistent with the theory that the monkey is not done with his SHORTing Expedition yet. Now at 3.37 : 3.38. |
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allent
Master |
23-Feb-2018 13:34
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let' s see if it will go below 3.20 
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wavehunter
Supreme |
23-Feb-2018 13:15
Yells: "Trade what you see, not what you hope to see." |
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Yes, bro Ah Long Ker, Many of our Siong Tee Jia Mei have also been waiting and waiting until all our necks are longer than theirs ler.  
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fightingdragons
Member |
23-Feb-2018 12:32
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Thanks for the daily monitoring! Vested at 3.6... waiting to average down.
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TenPips
Veteran |
23-Feb-2018 11:55
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Thank you. Waited very long already...since 3.70 - 3.80. | ||||
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