This guy made more than $1m from $15k investment GPGT

[Duckduck]

 

MCFers play only blue chips by few thousand lots.

 

pennies correction? no impact

 

 

few thousand lots? 1 lot = 1000 shares leh... wah big time! lol

[Icedbs]

Article link: http://www.channelnewsasia.com/news/business/blumont-group-asiasons/838940.html

 

 

Blumont fell as much as 81 per cent to S$0.167 and Asiasons was down 90 per cent to S$0.17.

 

Guys, I don't understand. Blumont was trading at $2.50++ and it drop to $0.167. How can that be just 81%???

 

My maths got problem or there is more to it?

 

 

Guys, I don't understand. Blumont was trading at $2.50++ and it drop to $0.167. How can that be just 81%???

 

My maths got problem or there is more to it?

 

 

Ok..I found the answer already. The drop of 81% is just yesterday but it started dropping on the 3rd Oct. Whoever who has it at $2.50 I wonder how is he now?

Edited October 8, 2013 by Icedbs

[Duckduck]

Ok..I found the answer already. The drop of 81% is just yesterday but it started dropping on the 3rd Oct. Whoever who has it at $2.50 I wonder how is he now?

 

 

better than casino where u may lose 100%. this at least got 8% back lol

[Mercs]

At current prices these 3 counters still worth a punt?

 

Thinking to load some for rebound play :)

[Duckduck]

At current prices these 3 counters still worth a punt?

 

Thinking to load some for rebound play :)

 

if u punting, then no need to ask anyone. Punt = high risk. win high, lose high.

 

[Freestylers09]

too bad kana curb, if not good quick punt

 

8c to 30+ in a day session..

 

actually i dont like a certain house when they curb it

 

sure all kana shorted..

 

these houses should be checked on transparency instead..not the company like blumont..

 

,CMZ isnt good example when house short call that time? end up kana played out immediately a buy out..LOL

 

 

 

 

[Scion]

i pity those who contra at $2++ just last week

 

it took only 3 days for the stocks to plunge 95%

 

the three stocks cost a total $8.7 billion valuation wiped out

somemore yesterday one was a black swan event...

 

those who wanted to cut loss also cannot, ji tao plunged 80+% at opening

 

SGX really buay swee

[Peterjelly]

Hit the jackpot

[Wt_know]

how come SGX did not question or halt them running from few cents to $2++ ?

 

i pity those who contra at $2++ just last week

 

it took only 3 days for the stocks to plunge 95%

 

the three stocks cost a total $8.7 billion valuation wiped out

somemore yesterday one was a black swan event...

 

those who wanted to cut loss also cannot, ji tao plunged 80+% at opening

 

SGX really buay swee

 

[Gearosv2]

how come SGX did not question or halt them running from few cents to $2++ ?

 

 

 

Was wondering the same thing... I believe trading will be automatically halt after 10% drop within a certain timing in US. I forgot where I read the news, not sure from ST or Today's. It reported that Blumont was the one asking SGX to halt and not the other way round.

 

And SGX is thinking of changing lot size from 1000 to 100 and eventually 1 share in the future?! I think they better upgrade their system to be able to handle these before changing the lot size.

Source: http://www.channelnewsasia.com/news/business/sgx-seeks-to-reduce/782336.html

[Duckduck]

 

Was wondering the same thing... I believe trading will be automatically halt after 10% drop within a certain timing in US. I forgot where I read the news, not sure from ST or Today's. It reported that Blumont was the one asking SGX to halt and not the other way round.

 

And SGX is thinking of changing lot size from 1000 to 100 and eventually 1 share in the future?! I think they better upgrade their system to be able to handle these before changing the lot size.

Source: http://www.channelnewsasia.com/news/business/sgx-seeks-to-reduce/782336.html

 

n they also wana intro HFTs... havent they learnt frm all d flash crashes? now wana allow robots to manipulate mkt...

[Wt_know]

can buy bluemont when it plunged back to $0.03?

i plan to sell at $1.50 ... i no greedy one ... lol

 

Edited October 9, 2013 by Wt_know

[Windwaver]

can buy bluemont when it plunged back to $0.03?

i plan to sell at $1.50 ... i no greedy one ... lol

 

 

Citibank drop to $1 I also never buy

[Enye]

can buy bluemont when it plunged back to $0.03?

i plan to sell at $1.50 ... i no greedy one ... lol

 

 

now 14 cts....buy

 

u can plan to sell @ 1.60 instead of 1.50

 

still make the same amount....do it.

 

[Wt_know]

14cts to 3cts still a huge bottomless pit

3cts to kosong ... not so bad ... 100lots only $3k ... lol

 

 

 

now 14 cts....buy

 

u can plan to sell @ 1.60 instead of 1.50

 

still make the same amount....do it.

 

Edited October 9, 2013 by Wt_know

[Freestylers09]

blumont moving is not spike up..its slow and steady without much volume everytime till recently the same bbs pushing the trio which sparks the interest

 

now cant even contra,muz lock in cash first before enter to contra..seems tight down strictly

 

wondering who is playing now..