I am Having a Chest Pain.. Due to ASPI & Milanka

MoneyMaker · 1 I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 12:59 pm

MoneyMaker

Senior Equity Analytic

Posts : 95
Equity Stars : 4987
Reputation : 9
Join date : 2011-02-24

Need Help,

Should I hold on to what I have or should I put more of my savings hoping that the market will gain a little momentum tomorrow..

I have always invested in fundamentally strong shares.

Experts?? Help???

Slstock · 2 Re: I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 1:03 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13378
Reputation : 1158
Join date : 2011-01-22

MoneyMaker wrote:Need Help,

Should I hold on to what I have or should I put more of my savings hoping that the market will gain a little momentum tomorrow..

I have always invested in fundamentally strong shares.

Experts?? Help???

Still it is a bit too early to guess the direction. I feel it is best to wait a bit mroe and observe before any commitment.
Due to some crazy share manipulations market went up to crazy levels. All fundamentals are stagnating. But when market comes down everythign comes down. ( fundamentals too)

So let watch a bit more to be on the safe side.

KPMG · 3 Be Patience Tue Mar 01, 2011 1:07 pm

KPMG

Manager - Equity Analytics

Posts : 114
Equity Stars : 5050
Reputation : -4
Join date : 2011-02-05
Age : 47
Location : Dehiwala

Patience is the key factor at this moment
We all feel the same as u...

optimistic · 4 Re: I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 1:14 pm

optimistic

Manager - Equity Analytics

Posts : 118
Equity Stars : 5066
Reputation : 29
Join date : 2011-01-27
Age : 36
Location : Colombo

This is a shame. Earlier I said that I was not going to sell my RICH shares at any cost. But I'm letting them go right now. From the looks of it, March is not going to be the best of months. I'm looking forward to collecting RICH at lower prices. LOLC is going berserk. I'm at a loss on that. I will continue to hold that though, because I wont realize losses.

Meta Trader · 5 Re: I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 1:24 pm

Meta Trader

Senior Manager - Equity Analytics

Posts : 590
Equity Stars : 5685
Reputation : 88
Join date : 2011-02-01
Location : Down Under

as i said in an earlier post even the smartest trader i know not willing to enter in to the current market . it is good to realize what ever profit u have and wait till the normal pattern !

MoneyMaker · 6 Re: I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 1:38 pm

MoneyMaker

Senior Equity Analytic

Posts : 95
Equity Stars : 4987
Reputation : 9
Join date : 2011-02-24

Could this also be force sellers from the market being bad on Monday & Tuesday of last week?? T+5's???

Input Input plz

Aamiable · 7 Re: I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 1:41 pm

Aamiable

Vice President - Equity Analytics

Posts : 1284
Equity Stars : 6290
Reputation : 176
Join date : 2011-02-21

As expected illiquid shares came down today. SAMP and COMB were among the top gainers today, that gives an idea about the future trends. I keep my sound shares.

optimistic · 8 Re: I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 1:52 pm

optimistic

Manager - Equity Analytics

Posts : 118
Equity Stars : 5066
Reputation : 29
Join date : 2011-01-27
Age : 36
Location : Colombo

Aamiable wrote:As expected illiquid shares came down today. SAMP and COMB were among the top gainers today, that gives an idea about the future trends. I keep my sound shares.

you meant to say SAMP and COMB were among the heavily traded? In my opinion, the downfall of the ASPI and MPI today is caused by the decline of the illiquid shares (manipulated ones). It is on a correction. And this may have an impact of the overall market sentiment. People who went after manipulated stocks must be facing a state of panic. I think thousands of new, amateur investors have entered the market and I see them as the people responsible in creating this mess, since they couldnt make their quick buck. I maybe wrong, but this is how I see it.

abra12 · 9 Re: I am Having a Chest Pain.. Due to ASPI & Milanka Tue Mar 01, 2011 10:02 pm

abra12

Manager - Equity Analytics

Posts : 139
Equity Stars : 5000
Reputation : 18
Join date : 2011-02-10

Leave..immediately.The Current CSE is not a healthy place for an chest patient...

tubal

tubal

Vice President - Equity Analytics

Posts : 1047
Equity Stars : 6284
Reputation : 243
Join date : 2011-01-27

MoneyMaker wrote:Could this also be force sellers from the market being bad on Monday & Tuesday of last week?? T+5's???

Input Input plz

T+5 does not always fall on a monday or a tuesday and for me there isn't enough evidence to show that brokers are force selling. What I have heard is that brokers are urging their clients to sell but I have not heard from anyone whose shares have been sold off by the broker (so far this year). But that will change towards the latter half of the month.

If you have heard of an actual forced sale other than ASHO (which was supposedly a margin call), please do share. My information may not be accurate.

Aamiable

Aamiable

Vice President - Equity Analytics

Posts : 1284
Equity Stars : 6290
Reputation : 176
Join date : 2011-02-21

optimistic wrote:

Aamiable wrote:As expected illiquid shares came down today. SAMP and COMB were among the top gainers today, that gives an idea about the future trends. I keep my sound shares.

you meant to say SAMP and COMB were among the heavily traded? In my opinion, the downfall of the ASPI and MPI today is caused by the decline of the illiquid shares (manipulated ones). It is on a correction. And this may have an impact of the overall market sentiment. People who went after manipulated stocks must be facing a state of panic. I think thousands of new, amateur investors have entered the market and I see them as the people responsible in creating this mess, since they couldnt make their quick buck. I maybe wrong, but this is how I see it.

Investors have shown a special interest towards SAMP and COMB. They are looking for a new set of shares, that may be the reason for large volumes.