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Oceanus
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Oceanus major business model restructure
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makdatok
Supreme |
03-Mar-2021 14:55
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Nicely controling the move..I like! | ||||
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ahlam86
Senior |
03-Mar-2021 14:54
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Intend to long but after this morning, weak heart cannot take it so cut loss. On the other end, hope longist diamond hands paid off at end of day.
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AwakenTide
Veteran |
03-Mar-2021 14:53
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Hope so, longists have been great supporters of Oceanus products. After CNY, is a big let down to shareholders that hit longists badly, happened that many have been supporting Oceanus from one way or another to improve its share values. 
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PQTPQK
Supreme |
03-Mar-2021 14:53
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any ideas why down so much todasy?
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Investor8
Master |
03-Mar-2021 14:45
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Yes, I have oversold once.  I bought the next day to hedge.  My short position was bought-in by SGX.  There is an additional charge in my contract statement.  I am not sure if you have scrutinise your contract note in your case.
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SmallSmall
Supreme |
03-Mar-2021 14:45
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Ready for the big intra day rebound hahahaha | ||||
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Blowyouoff
Veteran |
03-Mar-2021 14:38
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Ain' t sure if you have experience same situation I had same encounter and I simply buy back the following day to cover the shorts and that' s it. Of course I made a call to brokerage to inform them what I have done. There are no penalty ( or whatsoever) even though it' s always highlighted there will be penalty
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Investor8
Master |
03-Mar-2021 14:37
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From what I know, remisier, or even broking house, has no control over the buy-in.  SGX don' t allow them to conduct the buy-in.  It will be initiated by SGX.  So, I don' t know how your remisier can do it.
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Jonng8888
Senior |
03-Mar-2021 14:29
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No movement leh haha
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ahlam86
Senior |
03-Mar-2021 14:26
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Shortist spree ah
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AwakenTide
Veteran |
03-Mar-2021 14:23
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Yes that is what I meant, remisier will call in 1st and he bought on behalf regardless loss or gain.
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desmondxyz
Veteran |
03-Mar-2021 14:23
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now get ready for 3rd wave
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Trader256
Member |
03-Mar-2021 14:21
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BBs distributing millions at 0.042 for retailers to buy now. Retailers who bought probably need to cut loss. | ||||
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ahhuat08
Elite |
03-Mar-2021 14:17
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u cannot cover by yourself only wait for sgx to execute your buying in on ur behalf  
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AwakenTide
Veteran |
03-Mar-2021 14:10
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Those sold high most likely will re-enter when cloud is clear. I expect within 2 weeks should have a better scenarios.
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dollarsense
Veteran |
03-Mar-2021 14:02
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close flat will the most fun haha
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Hector
Veteran |
03-Mar-2021 14:02
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think BB run road liao so now left with retailers buying and selling low 
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happyharvest
Elite |
03-Mar-2021 14:00
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what happened? can start buying cheap or cheaper? | ||||
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Investor8
Master |
03-Mar-2021 14:00
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One option for you is to hedge your short sale today by buying in the cash market.  Technically, you are still short and SGX will do a buy-in on T+3.  In your case, this will happen on Friday.  Your short shares will be bought-in at a premium (not sure if it is still 2 bids above prevailing market price at time of buy-in).  The bids will keep increasing until the quantity is fulfilled.  You will also have to pay a penalty on top of the usual brokerage incurred.  If you buy now and the price goes up on Friday, your gain on today' s purchase will cover your buy-in losses.  It is not a perfect hedge though.  You decide.
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makdatok
Supreme |
03-Mar-2021 14:00
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3pm 50-50...can go either way...will be fun...hah hah | ||||
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