Unique Market

vikey · 1 Unique Market Tue Nov 10, 2020 11:50 am

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CSE is a unique market. When a bad news comes such us curfew, it’s green, when good news such as new vaccines comes, it’s red.

samaritan · 2 Re: Unique Market Tue Nov 10, 2020 12:06 pm

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What i feel is the market is being pushed down. Like the covid alert level we are in manipulation level three. After collection it will zoom. Unique Market Icon_lol

RJ1010 · 3 Re: Unique Market Tue Nov 10, 2020 12:14 pm

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Agreed... strangely behaving and hard to predict. The reason I see is that the reactions are too strong for news and financials and not gradual hence we see a lot of pullbacks after prices suddenly appreciate 20-25% in a day.

samaritan · 4 Re: Unique Market Tue Nov 10, 2020 12:15 pm

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Unique Market 0?e=1608163200&v=beta&t=beg6DRhyU3wycJ6Rqj0RM1htnLr0vpk0Vf_gBOF3Sww

Unlike in other global markets our sharks have limited water (liquidity) to swim around. One should learn the art to catch its tail and swim with it. Unique Market Icon_lol

Junior investor · 5 Re: Unique Market Tue Nov 10, 2020 12:34 pm

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I think it is going up slowly and gradually which is good than sky rocketing like earlier.

samaritan · 6 Re: Unique Market Tue Nov 10, 2020 1:19 pm

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I won't be surprised if ASI appreciates by more than 100 points tomorrow for no reason. Typically like the weather. Unique Market Icon_lol

Kipling · 7 Re: Unique Market Tue Nov 10, 2020 1:39 pm

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Samaritan
This is not good.
Companies that posted stellar profits like Hayl Expo hammered.
Smells of massive manipulation. I know of a big fish who was recently in top 20. Then disappeared saying exit. I found out that 3 companies linked to him had purchased entire stake & now no one in top 20. So off radar. Our brilliant retailers say exit exit & panic. Do not check with company secretary as latest shareholders list can be demanded by anyone as long as you have 1 share.
Your take please.

samaritan · 8 Re: Unique Market Tue Nov 10, 2020 2:01 pm

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Kipling wrote:Samaritan
This is not good.
Companies that posted stellar profits like Hayl Expo hammered.
Smells of massive manipulation. I know of a big fish who was recently in top 20. Then disappeared saying exit. I found out that 3 companies linked to him had purchased entire stake & now no one in top 20. So off radar. Our brilliant retailers say exit exit & panic. Do not check with company secretary as latest shareholders list can be demanded by anyone as long as you have 1 share.
Your take please.

When 5 people died the mkt went up and when a vaccine is close by mkt down. Unique Market Icon_eek

Also a new trend emerging, S&P up by 30 points and ASI down 18 points!

RJ1010 · 9 Re: Unique Market Tue Nov 10, 2020 2:24 pm

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Some red days are needed for buying. Nothing to worry.

fireshelter · 10 Re: Unique Market Tue Nov 10, 2020 2:33 pm

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for strong market - Profit taking good

KingMaker2020 · 11 Re: Unique Market Tue Nov 10, 2020 2:40 pm

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When there's a sale at ODEL, car park is full.
When there's a sale in supermarkets, people flood to buy goods.
When there's a sale at Singer, Softlogic, Damro showrooms, it is packed with customers.

When there's a sale in CSE, everybody is selling and nobody's buying Rolling Eyes

Junior investor · 12 Re: Unique Market Tue Nov 10, 2020 2:43 pm

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another thing, this could be because of profit taking of EPF.

RJ1010 · 13 Re: Unique Market Tue Nov 10, 2020 3:29 pm

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KingMaker2020 wrote:

When there's a sale in CSE, everybody is selling and nobody's buying

What do you mean...? If nobody is buying them to whom are they selling?
Your comparison is wrong.... CSE is a marketplace. Everyone can buy and sell. In your examples there is only one seller and rest all are buyers.

fireshelter · 14 Re: Unique Market Tue Nov 10, 2020 3:55 pm

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Crazy no way to sell from EPF

SANJAYANM · 15 Re: Unique Market Tue Nov 10, 2020 4:11 pm

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Always book your profit if it is more than 20%.
Do your home work & invest in new shares.
How can we expect to move single share daily for whole year.
Then most shares will end up in thousands .
Diversify your investments.