Latest Forum Topics /
IFAST
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The next chapter
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SGPhantom
Master |
05-Mar-2021 14:54
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Glad to see Buyers to not blink first today. May close near 6, hopefully, if volume picks up. |
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SGPhantom
Master |
05-Mar-2021 11:44
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If after 1 year it does not go up, I would recommend dump that stock! : ) Move on, there is definitely other better opportunities.
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PhillipTan
Supreme |
05-Mar-2021 11:22
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Hold it for one year first If it doesn' t go up, shake your head If it goes up, jump for joy I guess no one will ever really know for sure (unless insider trading) whether the price they bought at is a right or wrong choice News on industry, economy, company, market sentiments etc and all those analyst research are only guides to what could be the likely movements in the near future tt seems like this counter has potential to go up, DYODD though lol
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SGPhantom
Master |
05-Mar-2021 11:04
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We only know wrong or right the day after. Hindsight is always 20/20. But like I' ve mentioned previously, if you are looking to hold, this MAY be the best time to start adding. Looking forward to end Mar / early April for the turn around. There may be some volatilty in the meantime.
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Hector
Veteran |
05-Mar-2021 10:59
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it looks it is gonna turn around so I was not wrong to buy yesterday? |
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SGPhantom
Master |
05-Mar-2021 10:56
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We have passed yesterday' s ave short price, there may be a squeeze. | ||||
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3DecadesTrader
Veteran |
05-Mar-2021 10:56
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No, It is definitely GOD' s grace & blessing to bless companies such as iFAST & protect iits share price from Shortists. Amen!
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SGPhantom
Master |
05-Mar-2021 10:52
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Maybe the 60K bulk purchase this morning was short covering. So they have made, and got out. Now only retailers pushing up the price. Hopefully the shortists don' t come back after noon.
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112233
Master |
05-Mar-2021 10:47
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those who shorted must be worried
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SGPhantom
Master |
05-Mar-2021 10:38
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Amazing! Can' t complain at all, given a sea of red everywhere. |
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SGPhantom
Master |
05-Mar-2021 10:14
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By not saying anything, JP actually did a lot of (negative) things. So, market has just to react by guessing and it translated to another rout last night. I am not sure about next week, but I am looking forward to next month.
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112233
Master |
05-Mar-2021 10:12
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JP talk like no talk, indecisive.
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hengonghuat333
Member |
05-Mar-2021 10:11
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ya. did lost before so I know the feeling. good experience I would say. must trust what we buy.
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SGPhantom
Master |
05-Mar-2021 10:08
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Bro, don' t belittle / laugh at someone' s agony. We are all here to make some, whether by investing / trading or even shorting. And I am positive you have lost some along the way too.
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Hector
Veteran |
05-Mar-2021 10:03
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I was hoping that FED is able to give confident back to the market yesterday But apparently, this is not the case So lets hope that next week, we will see a strong rebound |
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hengonghuat333
Member |
05-Mar-2021 10:02
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the purchase in the morning is real quick . haha. those panic sell in the morning must be " heart pain" now.
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SGPhantom
Master |
05-Mar-2021 10:01
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Good man! The positive news this morning, there was a bulk purchase of 60K shares from 564-568. BUT I' m uncertain if this is real purchase or short covering. It' s quite tricky to tell at current moments. Just be careful.
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112233
Master |
05-Mar-2021 09:55
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will patiently wait. :) | ||||
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SGPhantom
Master |
05-Mar-2021 09:48
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Short vol yesterday has increased to 30% of traded volume. Ave price was 5.753. The increase in short vol % can be attributed to lower total trading volume. There will be continuous selling / short pressure, as per global sentiment. Unless there is a squeeze above 57x, short term weakness may continue. And even if there is a squeeze, it may just be short term spike too if US continues to bleed. Be careful all. And be patient, Apr is just around the corner. |
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SGPhantom
Master |
04-Mar-2021 16:38
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*embarassed* : ) I try (as much as possible) to clarify any doubt / question, though I am not an expert BY FAR. But sharing what I know may help some investors / traders, hopefully! And yes, I am a HUGE fan of IFAST! That' s why my SG portfolio is unhealthily heavy on it (accumulated otw up from $1s, $2s, $3s, $5s and $6s) - not too good, may need to realign when the right time comes. And yes, hopefuly JP can appease everyone with a more CONFIRMED tone on what he wants to do on interest rate (or rather NOT DO anything). But the global sell-downs have more to do with rotational plays - recovery stocks now. ** Even latest SG grant is called a Covid RECOVERY Grant - maybe the govt was hinting already when they announced it : ) I' ve also known many seasoned investors and financiers who exited the market (80% - 100% of their holdings) every Jan, only to re-enter in Mar / Apr. I wished I have followed them, ESP last year. But then again I' m not the type who goes in and out, as my timing sucks, and probably the worst among everyone : ) Anyway, can' t wait for March to be gone and done. G' luck all!
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