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Innopac to follow Blumount Trend.. 0.20 soon Post Reply Rate topic
cccx123 Elite	04-Oct-2013 18:27        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But I ask you which retail investor or trader is going to dare touch Innopac again? This is not the first time this happened. The last plunge to around 10cents from 20cents caught many on the way down. This time the free fall from 13cents to 6cents. It will be gargantuan task for BBs to generate retail or investor interest in this counter again. Anyway, due to the massive paper losses I see, I am stuck with this stock with almost no hope of ever seeing my initial outlay ever again. Going to put it in the freezer or under my pillow to show ppl who intend to trade contra the dangers of doing so.. clonevil      ( Date: 04-Oct-2013 18:22) Posted: the relation is growing threat of us debt ceiling not raised --> us default --> investors fear so move funds to safer assets (ie. blue chips). if debt ceiling raised --> QE now doesn't seem to be tapered by this year --> investors turn back to pennies in seek of high returns   *clarification: to be exact, US shutdown has very minimal effect on markets, cos it essentially doesn't affect much. market fears over the past couple of days r due to mid-oct nearing (which is when US debt ceiling is likely to be reached) n little signs that US congress can resolve differences cccx123      ( Date: 04-Oct-2013 18:16) Posted: I don't know about the relation but I really hope so. Need some good news over the weekend. Come next Friday, hopefully don't see 4cents. Otherwise the police will have to cordon off bedok reservoir for quite some time. The massive sell downs from 13cents caught a lot of retailers
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clonevil Member	04-Oct-2013 18:22        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	the relation is growing threat of us debt ceiling not raised --> us default --> investors fear so move funds to safer assets (ie. blue chips). if debt ceiling raised --> QE now doesn't seem to be tapered by this year --> investors turn back to pennies in seek of high returns   *clarification: to be exact, US shutdown has very minimal effect on markets, cos it essentially doesn't affect much. market fears over the past couple of days r due to mid-oct nearing (which is when US debt ceiling is likely to be reached) n little signs that US congress can resolve differences cccx123      ( Date: 04-Oct-2013 18:16) Posted: I don't know about the relation but I really hope so. Need some good news over the weekend. Come next Friday, hopefully don't see 4cents. Otherwise the police will have to cordon off bedok reservoir for quite some time. The massive sell downs from 13cents caught a lot of retailers. 2gether      ( Date: 04-Oct-2013 18:10) Posted: what if the 'us shutdown' news turns positive.. can the whole situation change, all markets may rush in again, but remain to be seen, can only hope liao... ^
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cccx123 Elite	04-Oct-2013 18:16        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don't know about the relation but I really hope so. Need some good news over the weekend. Come next Friday, hopefully don't see 4cents. Otherwise the police will have to cordon off bedok reservoir for quite some time. The massive sell downs from 13cents caught a lot of retailers. 2gether      ( Date: 04-Oct-2013 18:10) Posted: what if the 'us shutdown' news turns positive.. can the whole situation change, all markets may rush in again, but remain to be seen, can only hope liao... ^^ Redstar8730      ( Date: 04-Oct-2013 18:01) Posted: Few k of contra loss...if don cut loss, will the hole in my pocket grow bigger next week? Where is the support level..Already loss a 5fig since 2008, this is another big blow.. Help.
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clonevil Member	04-Oct-2013 18:15        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	innopac has worthless land in perak haha. a lot of rich malaysia datuks' wealth are at stake, should see some intervention soon. resolution of US debt ceiling will help cos today pennies fall but blue chips more or less maintain. but innopac fall so much more than the other stocks, so there are significant firm-specific forces at play.
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pauming Member	04-Oct-2013 18:11        pauming About Contact  Quote this Post!
x 0   x 0  Alert Admin	I mean to bounce to north soon... pauming      ( Date: 04-Oct-2013 18:09) Posted: My stop order cut me out at 0.137 this morning and I make a huge losses on this counter. Thinking to buy back at 0.072 this afternoon when the price around 0.075, with a thought to get fast profit from a bounce after it drops more than 40%, but lucky I cancelled by order when I saw it goes up too far to 0.082. Now it goes back to bottomless pit. For those who are still holding, I believe it is very hard to give up at this moment as our emotion takes place. If you cannot cut, then be it. Most important things you should not keep buying this counter to average down your position. Just my two cents. Hope it will not be suspended and to bounce back to south soon.
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2gether Member	04-Oct-2013 18:10        2gether About Contact  Quote this Post!
x 0   x 0  Alert Admin	what if the 'us shutdown' news turns positive.. can the whole situation change, all markets may rush in again, but remain to be seen, can only hope liao... ^^ Redstar8730      ( Date: 04-Oct-2013 18:01) Posted: Few k of contra loss...if don cut loss, will the hole in my pocket grow bigger next week? Where is the support level..Already loss a 5fig since 2008, this is another big blow.. Help.
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pauming Member	04-Oct-2013 18:09        pauming About Contact  Quote this Post!
x 0   x 0  Alert Admin	My stop order cut me out at 0.137 this morning and I make a huge losses on this counter. Thinking to buy back at 0.072 this afternoon when the price around 0.075, with a thought to get fast profit from a bounce after it drops more than 40%, but lucky I cancelled by order when I saw it goes up too far to 0.082. Now it goes back to bottomless pit. For those who are still holding, I believe it is very hard to give up at this moment as our emotion takes place. If you cannot cut, then be it. Most important things you should not keep buying this counter to average down your position. Just my two cents. Hope it will not be suspended and to bounce back to south soon.
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cccx123 Elite	04-Oct-2013 18:07        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hoping that Innopac management will conjure up some magic to save their investors and not run for their lives. The last few minute sell down.. I hope it want management or the institutional investors dumping their shares to salvage what they can.
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Redstar8730 Master	04-Oct-2013 18:01        Redstar8730 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Few k of contra loss...if don cut loss, will the hole in my pocket grow bigger next week? Where is the support level..Already loss a 5fig since 2008, this is another big blow.. Help.
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cccx123 Elite	04-Oct-2013 18:00        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But what assets does Innopac have to interest any white knight.. Something inside me died horribly today. clonevil      ( Date: 04-Oct-2013 17:58) Posted: no point speculating. wait for news report tmr. i like to look on the bright side. maybe another china minzhong?
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sjZheng Veteran	04-Oct-2013 17:58        sjZheng About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	nt going to cut and run?> 2gether      ( Date: 04-Oct-2013 17:49) Posted: 9.5cent 200 lot.. die liao cccx123      ( Date: 04-Oct-2013 17:48) Posted: You bought at what px
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clonevil Member	04-Oct-2013 17:58        clonevil About Contact  Quote this Post!
x 0   x 0  Alert Admin	no point speculating. wait for news report tmr. i like to look on the bright side. maybe another china minzhong?
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2gether Member	04-Oct-2013 17:56        2gether About Contact  Quote this Post!
x 0   x 0  Alert Admin	{:-() not sure ! cccx123      ( Date: 04-Oct-2013 17:52) Posted: You going to hold ma? Innopac has that US hedge fund and Nomura has major shareholders. Hopefully they come in soon to stem the red tide. 2gether      ( Date: 04-Oct-2013 17:49) Posted: 9.5cent 200 lot.. die lia
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cccx123 Elite	04-Oct-2013 17:56        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think so.. Otherwise got to pay rolling interest on contra loan I think. Not sure.. gcheng      ( Date: 04-Oct-2013 17:54) Posted: If suspended on Monday. For those buy in today still need pay for it?
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gcheng Member	04-Oct-2013 17:54        gcheng About Contact  Quote this Post!
x 0   x 0  Alert Admin	If suspended on Monday. For those buy in today still need pay for it?
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cccx123 Elite	04-Oct-2013 17:52        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You going to hold ma? Innopac has that US hedge fund and Nomura has major shareholders. Hopefully they come in soon to stem the red tide. 2gether      ( Date: 04-Oct-2013 17:49) Posted: 9.5cent 200 lot.. die liao cccx123      ( Date: 04-Oct-2013 17:48) Posted: You bought at what px
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2gether Member	04-Oct-2013 17:49        2gether About Contact  Quote this Post!
x 0   x 0  Alert Admin	9.5cent 200 lot.. die liao cccx123      ( Date: 04-Oct-2013 17:48) Posted: You bought at what px? 2gether      ( Date: 04-Oct-2013 17:46) Posted: ya men.. now how to act ! any chance of a rebound next week, since it drop so hard !! can advice.. tears drop could only flows inside now !
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cccx123 Elite	04-Oct-2013 17:48        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You bought at what px? 2gether      ( Date: 04-Oct-2013 17:46) Posted: ya men.. now how to act ! any chance of a rebound next week, since it drop so hard !! can advice.. tears drop could only flows inside now !! Redstar8730      ( Date: 04-Oct-2013 17:36) Posted: Wat to do next?? Will it drop further next week? So scary the falling knife chart...can't see the bottom yet..😭
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2gether Member	04-Oct-2013 17:46        2gether About Contact  Quote this Post!
x 0   x 0  Alert Admin	ya men.. now how to act ! any chance of a rebound next week, since it drop so hard !! can advice.. tears drop could only flows inside now !! Redstar8730      ( Date: 04-Oct-2013 17:36) Posted: Wat to do next?? Will it drop further next week? So scary the falling knife chart...can't see the bottom yet..😭
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cccx123 Elite	04-Oct-2013 17:42        cccx123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am in a state just as bad or worse than most of you. 400 lots at around 8cent plus. Hope there comes a white knight on Monday. But v unlikely since there is nothing valuable in Innopac. Made the worst decision of my life to catch this fallen knife and now I have to pay for it.
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