| Latest Forum Topics / Neptune Orient L Rg |
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NOL
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Lucky03
Elite |
21-Aug-2014 20:57
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Only 463 lots shorted today at ave price of 1.0193. Worth noting that though NOL closed yesterday at 1.02, the bid price was 1.015 and asking 1.02 with asking volume overwhelmed bid volume. Today closed 1.02 too but bid price was 1.02 and asking 1.025 and volume almost equal each other as the bid volume built up in the afternoon to closing. That is a sign of relative strength and the volume unlikely to be sustained by retail or intra-day traders. Clear indication of institutional investors accumulating.
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counter
Veteran |
21-Aug-2014 15:43
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i will :) |
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Lucky03
Elite |
21-Aug-2014 15:35
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Check their past FY financial statements
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counter
Veteran |
21-Aug-2014 15:32
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but to be very frank with you, i have learned a great deal about the shipping industry from you and earlybird. without the contribution from you two gentlemen, i would have taken a much longer time, if not the term of a natural life,  to understand the shipping industry thank you very much |
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counter
Veteran |
21-Aug-2014 15:28
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Glad you are not offended. I' m sure when making money, a bit of sarcasm is tolerable :))
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Lucky03
Elite |
21-Aug-2014 15:25
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Sarcasm well taken
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counter
Veteran |
21-Aug-2014 15:14
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cos your prediction for Q2 was wrong and i guess going wrong for 2 consecutive quarters is not easy |
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counter
Veteran |
21-Aug-2014 15:07
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ok I have faith in your prediction |
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Lucky03
Elite |
21-Aug-2014 15:06
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Not hopefully. Q3 | ||||
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counter
Veteran |
21-Aug-2014 15:05
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hopefully |
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Lucky03
Elite |
21-Aug-2014 15:04
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Q3 | ||||
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counter
Veteran |
21-Aug-2014 14:55
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but i think that NOL has a real chance of turning profitable one day exactly when that will happen is anybody' s guess |
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wangerism
Master |
21-Aug-2014 14:51
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once a sti darling...now a forgotten child....
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counter
Veteran |
21-Aug-2014 14:49
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unfortunately, i have no more holdings. sigh :(
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johnng
Supreme |
21-Aug-2014 14:48
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interesting to note! |
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Lucky03
Elite |
21-Aug-2014 14:48
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John, yep. Firework coming ...
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counter
Veteran |
21-Aug-2014 14:44
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lucky lah :) |
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blurtrader
Master |
21-Aug-2014 14:42
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pro
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counter
Veteran |
21-Aug-2014 14:41
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Btw, the 0.955, 0.95 and 0.945 were averging down, and not buying up. |
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counter
Veteran |
21-Aug-2014 14:37
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For your info, before the posts, I got in at 0.98 and sold at 0.995. I then got in again at 0.955, 0.95 and some at 0.945. I sold at 0.965 and 0.97. But the number of lots were smaller, in the region of 100 lots to 300 lots. |
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