I think this stock will surprise you. Selling got exhausted.
what price did you go in at? do you think it is still advisable to hold?
It depends on what was the entry price. If I had bought at low yest I ll have sold yest or this morning
if you consider the rise from yesterday, even after this drop, those who bought yesterday is still making a profit.
Definitely not oversold
johnnywalker ( Date: 17-May-2016 14:32) Posted:
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Selling is definitely overdone. Drop more than ISR in percentage terms
still dropping, might even close below 3 cents.
 
 
you do notice that the supposed " swift" buying is always done right after a quick and huge drop? 
My opinion is that they are the short sellers buying back . 
But this is purely my own analysis, stocks speculation (which is what we are doing here) is really subjective. 
You have your own analysis, and I have my own. You might be right in the end. 
 
On a side note, I did not short sell this stock.
I bought this stock at 0.041 yesterday, and released all of them slowly this morning in the range of 0.042-0.048.
So now, I am just watching, and see if there' s any good chances to go in and out fast. 
johnnywalker ( Date: 17-May-2016 13:58) Posted:
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Can sense a lot of fear among the retail buyers today. Kept withdrawing buy queue. However, buy up is usually swift too. I ll think 3.5 is an important level, then 4 cents 
If you read the SGX announcments, you will find out that ISR capital has some news released last week about new shareholders, new shares, something along that line. 
Which can possibly explain the meteoric rise of ISR. 
But Jadason, when queried, said it knows nothing. 
Similar for Attilan.
And the result, you see Jadason and Attilan dropped back all day today. 
johnnywalker ( Date: 17-May-2016 13:50) Posted:
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Just curious why today is the determining day for the trend and not tomorrow or day after?
saisai ( Date: 17-May-2016 13:53) Posted:
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no one knows the answer, but based on the current sentiments, I will say no, it will not going to close at 4. If you are going to ask me, i think it will close below 0.033 today.
the short sellers today are smart, they have been buying back slowly throughout the day.  
Short sell, create panic, buy back slowly, then short sell again. Repeat.
That is my analysis of today' s pattern for Jadason. 
of course, i might be totally wrong. 
johnnywalker ( Date: 17-May-2016 13:48) Posted:
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ISR was up many thousand percent while Jadason only up one day. I don' t think it ll end so quickly, provided funds are still willing to push up.
Thanks very much. Anybody has any analysis of the current situation? Will it close at 4?
good observation, my broker also told me the same thing.
I also think that it' s just a 1 day rally musical chair thingy.
When the music stop, he who still hold them will be forced to cut loss.
saisai ( Date: 17-May-2016 13:41) Posted:
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| Bid | Bid Vol | Ask | Ask Vol |
| 0.035 | 170 | 0.036 | 199.8 |
| 0.034 | 970 | 0.037 | 235 |
| 0.033 | 667.3 | 0.038 | 200.8 |
| 0.032 | 630 | 0.039 | 565 |
| 0.031 | 670 | 0.040 | 504.1 |
| 0.030 | 600 | 0.041 | 619.9 |
| 0.029 | 400 | 0.042 | 563 |
| 0.028 | 330 | 0.043 | 720 |
| 0.027 | 100 | 0.044 | 350 |
| 0.026 | 100 | 0.045 | 136 |
| 0.025 | 140 | 0.046 | 217 |
| 0.020 | 400 | 0.047 | 462.3 |
| 0.011 | 700 | 0.048 | 1,223 |
| 0.010 | 300 | 0.049 | 460 |
| 0.008 | 100 | 0.050 | 1,019.9 |
| -- | -- | 0.051 | 450 |
| -- | -- | 0.052 | 420 |
| -- | -- | 0.053 | 350 |
| -- | -- | 0.054 | 1,250 |
| -- | -- | 0.055 | 420 |
johnnywalker ( Date: 17-May-2016 13:24) Posted:
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today' s market end will be very important to determine if the micro pennies rally yesterday will last or it is only an one day wonder 
ISR and Jadason, the two who led the rallies have been withdrawing back the whole day today (buying is weak and selling is slow and steady).
if they closed weak today, the rally could very well be over. 
Do you guys notice that almost all the micro pennies who rallied and went into top volume yesterday are " investment holding companies' ? Attilan, Jadason, ISR, Joyas, OLS
They are purely speculative stocks due to ISR (their " brother" ) being so hot. No good fundamentals or good news to begin with. 
DYODD.  Those who are still holding, might want to consider when will be a good time to take profit or cut loss before it might be too late. 
 
Can someone post the market depth for Jadason? Thanks
Attacked by short sellers today. You bought at 33? Good. I almost wanted to buy also but too fast disappeared 
36/37!
After posting I saw the buy queues get filled up at 0.033 and 0.034. Let's hope for some lunch time fireworks :)
cupdub ( Date: 17-May-2016 12:23) Posted:
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