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I Say Dun No.. (ISDN) but she sailing fast......
I am already out.
I am only here to play devil' s advocate. Also some of the stuff that is being talked about here is just quite far fletched and it is so funny how everyone analyse this stock to death and all this while, it just drops.
Reminds me of the pfe and glove episodes.
I am only here to play devil' s advocate. Also some of the stuff that is being talked about here is just quite far fletched and it is so funny how everyone analyse this stock to death and all this while, it just drops.
Reminds me of the pfe and glove episodes.
asco88 ( Date: 10-Oct-2023 22:40) Posted:
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someone highlighted to me ProTrader has only ever posted on ISDN. guessing you have a nice short in place
congrats if that' s the case
think will open a long position tomorrow just for fun
let' s track using tomorrow' s high price and see how it performs by year end
congrats if that' s the case
think will open a long position tomorrow just for fun
let' s track using tomorrow' s high price and see how it performs by year end
Pro_trader ( Date: 10-Oct-2023 20:14) Posted:
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lol this is a rather funny interpretation.
tccroy ( Date: 10-Oct-2023 16:25) Posted:
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mind to share how u identify BB?
tccroy ( Date: 10-Oct-2023 16:25) Posted:
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see like no more weird weird sell down le .. like no more machine sell down le
tccroy ( Date: 10-Oct-2023 16:25) Posted:
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BB pressed down and buy back. All the 33 sellers bought by them
godizion ( Date: 10-Oct-2023 16:11) Posted:
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i think some funds have been pressing down .. u see little by little lots sell down ...
Buy when they turn GREEN, sell when they turn RED.
Pro_trader ( Date: 10-Oct-2023 11:03) Posted:
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stop loss is a cautious practice for people who making a lost .
also, we can tell whether BB is waiting to buying low.
As matter of fact, there is no BB buying this counter for 2 past years.
also, we can tell whether BB is waiting to buying low.
As matter of fact, there is no BB buying this counter for 2 past years.
ahberngh ( Date: 09-Oct-2023 20:23) Posted:
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Dun listen to all the Furus. Most of the so called trainers do not know their work. If they are making good money, they would not be teaching but trading for themselves. Just ask them to show audited trading statements... none dare to do so. Naturally, their stop loss recommendations are also not going to be effective.
Stop when fundamentals have changed.
Stop when environment turned hostile and your stock is showing trend change
Stop when there are new catalysts eg new tech that disrupt, or new competition which offers better products etc.
For ISDN, may are still hung up on past promises of growth but realistically, for all the power gen etc... it is becoming a utility company - is utility company a growt stock to command PE multiple expansion? Then add the China angle and the difficult operating environment. So when support gives way, it is a sign that funds are exiting.
Stop when fundamentals have changed.
Stop when environment turned hostile and your stock is showing trend change
Stop when there are new catalysts eg new tech that disrupt, or new competition which offers better products etc.
For ISDN, may are still hung up on past promises of growth but realistically, for all the power gen etc... it is becoming a utility company - is utility company a growt stock to command PE multiple expansion? Then add the China angle and the difficult operating environment. So when support gives way, it is a sign that funds are exiting.
ahberngh ( Date: 09-Oct-2023 20:23) Posted:
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Stop loss is a double edge sword.
BBs and professionals know where most retail players place their
stop loss (based on lessons and courses by gurus). So these BBs are waiting
to catch those at obvious stop loss points after pushing down.
I am not saying stop loss is no good, but what one must be aware so that BBs
don' t catch your shares and a short time later the share make a miraculous
recovery.
In a downturn and bad times, stop loss will preserve your capital.
Just my opinion, please dyodd.
BBs and professionals know where most retail players place their
stop loss (based on lessons and courses by gurus). So these BBs are waiting
to catch those at obvious stop loss points after pushing down.
I am not saying stop loss is no good, but what one must be aware so that BBs
don' t catch your shares and a short time later the share make a miraculous
recovery.
In a downturn and bad times, stop loss will preserve your capital.
Just my opinion, please dyodd.
Going below 30cents?
Support zone has given way and it looks like ISDN is headed towards the 20 cents penny stock bucket.
Those who bought near the highs at 80 cents would need 400% gain from 20 cents to break even,
Those who bought at 60 cents would need ISDN to appreciate 300% from 20 cents to break even.
This is the reason why it is important to have a stop loss and when a key support zone breaks, it often means that the dynamics of the company is changing and the smart monies recognizes it. Preserve capital to live to fight another day. Otherwise, dun know how long money is going to stay stuck in a loss making position.
Those who bought near the highs at 80 cents would need 400% gain from 20 cents to break even,
Those who bought at 60 cents would need ISDN to appreciate 300% from 20 cents to break even.
This is the reason why it is important to have a stop loss and when a key support zone breaks, it often means that the dynamics of the company is changing and the smart monies recognizes it. Preserve capital to live to fight another day. Otherwise, dun know how long money is going to stay stuck in a loss making position.
BBs still collecting, not ready to push up yet?
Those buying and keeping at these levels (or even if go down 30c)
need not fear (unless geopolitical crisis like Taiwan war, etc).
Only contra players will get sucked in by BBs (they never learn??).
My opinion only, I may be wrong, please dyodd.
Those buying and keeping at these levels (or even if go down 30c)
need not fear (unless geopolitical crisis like Taiwan war, etc).
Only contra players will get sucked in by BBs (they never learn??).
My opinion only, I may be wrong, please dyodd.
just you 3 musketeers only.
tccroy ( Date: 06-Oct-2023 11:21) Posted:
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Thanks, cheers to all of you
behonest ( Date: 06-Oct-2023 10:33) Posted:
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good news for you , monkey and ahbern. only 3 of u.
HONG KONG &ndash Citigroup has raised its growth forecast for China to 5 per cent in 2023 as promising data helps build consensus on the nation&rsquo s ability to achieve its official government target.
Retail sales and industrial production may improve, Citigroup economists wrote in a note on Wednesday, adding that the nation&rsquo s export contraction could also narrow after official manufacturing surveys expanded for the first time in six months.
&ldquo The cyclical bottom is here, with all eyes on whether organic demand will pick up amid gathering policy momentum,&rdquo they said. The bank&rsquo s previous forecast was 4.7 per cent, making it among the more bearish investment institutions in China.
&ldquo Previously, we had downgraded our gross domestic product forecast out of policy disappointment,&rdquo the economists said, adding that since the end of August, policy momentum had &ldquo exceeded expectations clearly&rdquo due to some property easing measures.
The most recent poll of economists by Bloomberg showed a median forecast for growth of 5 per cent for the year &ndash in line with the official goal. This is, however, in part because many firms have been downgrading their expectations for the economy as a property crisis drags on activity.
While recent data has indicated that some sectors of China&rsquo s economy, such as factory activity, are stabilising, the recovery remains precarious. Economists have pointed to concerns about domestic demand and job market pressures, along with ongoing troubles in the real estate market.
This week is a critical period for activity: Analysts are watching closely the combined Mid-Autumn Festival and National Day holiday period &ndash which began on Sept 29 and runs till Friday &ndash for signs of increased consumer confidence.
Sales at China&rsquo s major retailers and restaurants rose 8.3 per cent in the first three days of the holidays versus the same period in 2022 when several regions faced coronavirus restrictions, China Central Television reported, citing data from the Ministry of Commerce.
There will be about 900 million domestic tourist trips made during this year&rsquo s holidays, China&rsquo s Ministry of Culture and Tourism has predicted. This would translate to an increase of about 5 per cent in daily average domestic tourism revenues compared with the same period in 2019, according to economists at HSBC Holdings.
&ldquo The services recovery is likely to be a key driver for sustained recovery momentum,&rdquo HSBC economists wrote in a note.
Some economists see a likelihood that the government will need to step up support, particularly for the property sector. The value of new home sales by China&rsquo s top 100 developers fell 29 per cent year on year in September, according to China Real Estate Information, improving only slightly from the previous month&rsquo s 34 per cent drop. The figures &ldquo might indicate a need to step up policy stimulus&rdquo , Bloomberg Intelligence analyst Kristy Hung wrote in a note. BLOOMBERG
Citigroup raises China GDP forecast, saying economy has bottomed out
HONG KONG &ndash Citigroup has raised its growth forecast for China to 5 per cent in 2023 as promising data helps build consensus on the nation&rsquo s ability to achieve its official government target.
Retail sales and industrial production may improve, Citigroup economists wrote in a note on Wednesday, adding that the nation&rsquo s export contraction could also narrow after official manufacturing surveys expanded for the first time in six months.
&ldquo The cyclical bottom is here, with all eyes on whether organic demand will pick up amid gathering policy momentum,&rdquo they said. The bank&rsquo s previous forecast was 4.7 per cent, making it among the more bearish investment institutions in China.
&ldquo Previously, we had downgraded our gross domestic product forecast out of policy disappointment,&rdquo the economists said, adding that since the end of August, policy momentum had &ldquo exceeded expectations clearly&rdquo due to some property easing measures.
The most recent poll of economists by Bloomberg showed a median forecast for growth of 5 per cent for the year &ndash in line with the official goal. This is, however, in part because many firms have been downgrading their expectations for the economy as a property crisis drags on activity.
While recent data has indicated that some sectors of China&rsquo s economy, such as factory activity, are stabilising, the recovery remains precarious. Economists have pointed to concerns about domestic demand and job market pressures, along with ongoing troubles in the real estate market.
This week is a critical period for activity: Analysts are watching closely the combined Mid-Autumn Festival and National Day holiday period &ndash which began on Sept 29 and runs till Friday &ndash for signs of increased consumer confidence.
Sales at China&rsquo s major retailers and restaurants rose 8.3 per cent in the first three days of the holidays versus the same period in 2022 when several regions faced coronavirus restrictions, China Central Television reported, citing data from the Ministry of Commerce.
There will be about 900 million domestic tourist trips made during this year&rsquo s holidays, China&rsquo s Ministry of Culture and Tourism has predicted. This would translate to an increase of about 5 per cent in daily average domestic tourism revenues compared with the same period in 2019, according to economists at HSBC Holdings.
&ldquo The services recovery is likely to be a key driver for sustained recovery momentum,&rdquo HSBC economists wrote in a note.
Some economists see a likelihood that the government will need to step up support, particularly for the property sector. The value of new home sales by China&rsquo s top 100 developers fell 29 per cent year on year in September, according to China Real Estate Information, improving only slightly from the previous month&rsquo s 34 per cent drop. The figures &ldquo might indicate a need to step up policy stimulus&rdquo , Bloomberg Intelligence analyst Kristy Hung wrote in a note. BLOOMBERG
tccroy ( Date: 04-Oct-2023 16:57) Posted:
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Sure. All the best to you
tccroy ( Date: 04-Oct-2023 16:57) Posted:
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Shareholders should not sell now. It is already at new low and should hold back for rebound