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ThankYou Supreme	30-Mar-2021 09:25        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, why still got people supporting at 1 cent knowing it will go down to 0.1 cent by Thursday? Today is Tuesday. What if someone shorted and do not buy back on the same day? There is no trading on Friday. Contratrader      ( Date: 30-Mar-2021 09:18) Posted: Looks like someone got many rights and does not want to convert ..threw down 2 big chunks at 1.1 and 1c...
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ThankYou Supreme	30-Mar-2021 09:20        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wah! If starting shorted already earn big Liao.  ThankYou      ( Date: 29-Mar-2021 20:28) Posted: Anyway, I don' t think I am shorting lah. Let other people earn the money. I have considered to have 1.2 million shares of mm2 Asia already at a total cost of $66,600 and 5.55 cents per share. Higher than NAV can already. Anyway, Sponsored by FJ Ben. Just keep for a few months and if it goes to 8 cents I sell. Goodgoing      ( Date: 29-Mar-2021 18:14) Posted: Thank you, u r holding 1.2mil warrant, u want to do 5 mil right? Then totally different for what u belive this will up.
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Contratrader Elite	30-Mar-2021 09:18        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like someone got many rights and does not want to convert ..threw down 2 big chunks at 1.1 and 1c...
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ThankYou Supreme	29-Mar-2021 22:27        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin
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ThankYou Supreme	29-Mar-2021 20:28        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyway, I don' t think I am shorting lah. Let other people earn the money. I have considered to have 1.2 million shares of mm2 Asia already at a total cost of $66,600 and 5.55 cents per share. Higher than NAV can already. Anyway, Sponsored by FJ Ben. Just keep for a few months and if it goes to 8 cents I sell. Goodgoing      ( Date: 29-Mar-2021 18:14) Posted: Thank you, u r holding 1.2mil warrant, u want to do 5 mil right? Then totally different for what u belive this will up. Contratrader      ( Date: 29-Mar-2021 17:32) Posted: Bro.5M rights a lot le....a bit risky...also at 1c not much meat liow....mb a few pips down ..as compared to 2c  big range.. also must see mkt sentiments..anyway..your money u decide ..maybe can do a bit to try...win lose not much...I usually will weigh risk and returns.. hahaha think too much.
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ThankYou Supreme	29-Mar-2021 20:23        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	I mean if it almost certainly goes down the next 2 days what for I hold? I never expect the price to swing so much until I can try to trade also. I thought it will hold steady after a great drop in share price. I am only considering shorting 5M. Say short at 1 cent.  price goes to 8/9 I can earn 5k price goes to 10/11 I lose 5k If Down is more likely for these 3 days, why not I clear all my holdings and then short another 3.8M rights? I will win money if it goes down to 0.8 cent Goodgoing      ( Date: 29-Mar-2021 19:11) Posted: Typo. I know it is right. Blowyouoff      ( Date: 29-Mar-2021 18:33) Posted: It seems many traders don' t seem to know the difference between rights and warrants. Perhaps typo error below? this isn' t warrants... these are rights. They are entirely different
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Goodgoing Master	29-Mar-2021 19:11        Goodgoing About Contact  Quote this Post!
x 0   x 0  Alert Admin	Typo. I know it is right. Blowyouoff      ( Date: 29-Mar-2021 18:33) Posted: It seems many traders don' t seem to know the difference between rights and warrants. Perhaps typo error below? this isn' t warrants... these are rights. They are entirely different  Goodgoing      ( Date: 29-Mar-2021 18:14) Posted: Thank you, u r holding 1.2mil warrant, u want to do 5 mil right? Then totally different for what u belive this will up.
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Blowyouoff Veteran	29-Mar-2021 18:33        Blowyouoff About Contact  Quote this Post!
x 0   x 0  Alert Admin	It seems many traders don' t seem to know the difference between rights and warrants. Perhaps typo error below? this isn' t warrants... these are rights. They are entirely different  Goodgoing      ( Date: 29-Mar-2021 18:14) Posted: Thank you, u r holding 1.2mil warrant, u want to do 5 mil right? Then totally different for what u belive this will up. Contratrader      ( Date: 29-Mar-2021 17:32) Posted: Bro.5M rights a lot le....a bit risky...also at 1c not much meat liow....mb a few pips down ..as compared to 2c  big range.. also must see mkt sentiments..anyway..your money u decide ..maybe can do a bit to try...win lose not much...I usually will weigh risk and returns.. hahaha think too much.
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Goodgoing Master	29-Mar-2021 18:14        Goodgoing About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you, u r holding 1.2mil warrant, u want to do 5 mil right? Then totally different for what u belive this will up. Contratrader      ( Date: 29-Mar-2021 17:32) Posted: Bro.5M rights a lot le....a bit risky...also at 1c not much meat liow....mb a few pips down ..as compared to 2c  big range.. also must see mkt sentiments..anyway..your money u decide ..maybe can do a bit to try...win lose not much...I usually will weigh risk and returns.. hahaha think too much.. ThankYou      ( Date: 29-Mar-2021 17:19) Posted: I see, must learn more from the more experienced bros here. Do you think I can short like 5M rights early in the morning? Is it advisable
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Contratrader Elite	29-Mar-2021 17:32        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro.5M rights a lot le....a bit risky...also at 1c not much meat liow....mb a few pips down ..as compared to 2c  big range.. also must see mkt sentiments..anyway..your money u decide ..maybe can do a bit to try...win lose not much...I usually will weigh risk and returns.. hahaha think too much.. ThankYou      ( Date: 29-Mar-2021 17:19) Posted: I see, must learn more from the more experienced bros here. Do you think I can short like 5M rights early in the morning? Is it advisable? Contratrader      ( Date: 29-Mar-2021 17:14) Posted: As far as I know..usually rights price is the most " lelong" price liao...after rights issue ..if market sentiments good . .usually will go up ..because got new lifeline lio
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ThankYou Supreme	29-Mar-2021 17:19        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	I see, must learn more from the more experienced bros here. Do you think I can short like 5M rights early in the morning? Is it advisable? Contratrader      ( Date: 29-Mar-2021 17:14) Posted: As far as I know..usually rights price is the most " lelong" price liao...after rights issue ..if market sentiments good . .usually will go up ..because got new lifeline liow ThankYou      ( Date: 29-Mar-2021 17:01) Posted: Just betting on good sentiments. Anyway I bought a total of 1.2M rights. Cost is $1020
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Contratrader Elite	29-Mar-2021 17:14        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	As far as I know..usually rights price is the most " lelong" price liao...after rights issue ..if market sentiments good . .usually will go up ..because got new lifeline liow ThankYou      ( Date: 29-Mar-2021 17:01) Posted: Just betting on good sentiments. Anyway I bought a total of 1.2M rights. Cost is $10200 Blowyouoff      ( Date: 29-Mar-2021 16:57) Posted: Bro, I don' t think this counter look good in long term...unless you think this is another SIA which rebounded 6 months after rights issues  look at MM2' s volume prior to COVID... not much volumes. SIA is different, volumes are alway there before COVID and after right issues, volumes are higher
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ThankYou Supreme	29-Mar-2021 17:11        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think so so. EPS is expected to be back to 1 cent. So maybe the merger news will drive it higher. Blowyouoff      ( Date: 29-Mar-2021 16:57) Posted: Bro, I don' t think this counter look good in long term...unless you think this is another SIA which rebounded 6 months after rights issues  look at MM2' s volume prior to COVID... not much volumes. SIA is different, volumes are alway there before COVID and after right issues, volumes are higher  ThankYou      ( Date: 29-Mar-2021 16:47) Posted: Yes, you should have told me then I would have sold. But I was thinking Long term
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ThankYou Supreme	29-Mar-2021 17:02        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tomorrow can I start to short then? Blowyouoff      ( Date: 29-Mar-2021 16:57) Posted: Bro, I don' t think this counter look good in long term...unless you think this is another SIA which rebounded 6 months after rights issues  look at MM2' s volume prior to COVID... not much volumes. SIA is different, volumes are alway there before COVID and after right issues, volumes are higher  ThankYou      ( Date: 29-Mar-2021 16:47) Posted: Yes, you should have told me then I would have sold. But I was thinking Long term
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ThankYou Supreme	29-Mar-2021 17:01        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just betting on good sentiments. Anyway I bought a total of 1.2M rights. Cost is $10200 Blowyouoff      ( Date: 29-Mar-2021 16:57) Posted: Bro, I don' t think this counter look good in long term...unless you think this is another SIA which rebounded 6 months after rights issues  look at MM2' s volume prior to COVID... not much volumes. SIA is different, volumes are alway there before COVID and after right issues, volumes are higher  ThankYou      ( Date: 29-Mar-2021 16:47) Posted: Yes, you should have told me then I would have sold. But I was thinking Long term
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makdatok Supreme	29-Mar-2021 16:59        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think by tmr not much R left floating
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Blowyouoff Veteran	29-Mar-2021 16:57        Blowyouoff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, I don' t think this counter look good in long term...unless you think this is another SIA which rebounded 6 months after rights issues  look at MM2' s volume prior to COVID... not much volumes. SIA is different, volumes are alway there before COVID and after right issues, volumes are higher  ThankYou      ( Date: 29-Mar-2021 16:47) Posted: Yes, you should have told me then I would have sold. But I was thinking Long term. Blowyouoff      ( Date: 29-Mar-2021 16:39) Posted: Last night when I replied bobby08, I hinted when I said: ' base on above timeline, you figure out what are the possibilities on the price of R from Monday till 1st apr' a lot of people don' t quite understand Right issues and the timeline of the rights      x 0    x 0 Bro these are renounceable rights and that' s why they are traded like stocks, but trading will cease for these rights after 1st Apr. aftwr you purchase the rights, you need to exercise these rights by 8 Apr(if I ain' t wrong about the dates).. or else the rights that you bought will turn worthless. Thus you either wish to trade by 1st Apr or you can hold and exercise by 8th Apr. If you don' t have intention to exercise, please sell by 1st Apr    so surprise no one answers you...    base on above timeline, you figure out what are the possibilities on the price of R from Monday till 1st apr
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ThankYou Supreme	29-Mar-2021 16:57        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	If two days later rights be 0.1 cent then shorting a bit now is good.
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Contratrader Elite	29-Mar-2021 16:56        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually morning trading patterns showed already...I threw my overnight positions this morning...I was actually waiting to see how far the BB can bring us ..too bad as predicted...anyway this stock can good trading range...just have to monitor closely.. ThankYou      ( Date: 29-Mar-2021 16:51) Posted: If I know I would have shorted this stock in the morning. Wasted! Thanks anyway! Will know what to do. Contratrader      ( Date: 29-Mar-2021 16:46) Posted: As mentioned , friday run up probably because of 2M buy in... that disturbed the momentum of rights trading...usually rights dont trade higher until rights cease trading...That was why i said " pleasant surprise " ...anyway..after rights shares credited in..it should have some selling pressure but long term this stock should be " nice" !!...can hold still ok la
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ThankYou Supreme	29-Mar-2021 16:54        ThankYou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not last day today. Anyway, maybe got another 20M shorted today and not buying back today. makdatok      ( Date: 29-Mar-2021 16:50) Posted: Hv to convert my R liao
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