MIDAS

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10 years 3 months ago - 10 years 3 months ago #20565 by FairPerson
Replied by FairPerson on topic MIDAS
Attack by shortists and hit 42.5 cents. I wait at 40 cents.
Last edit: 10 years 3 months ago by FairPerson.

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10 years 3 months ago - 10 years 3 months ago #20588 by FairPerson
Replied by FairPerson on topic MIDAS
If the 2Q result (to be released next week) is not significantly above those vested expectations. This counter might go below 40 cents.
Last edit: 10 years 3 months ago by FairPerson.

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10 years 3 months ago #20599 by FairPerson
Replied by FairPerson on topic MIDAS
Today very high short sell volume : 3,489 lots

www.sgx.com/wps/wcm/connect/sgx_en/home/...hortSell20140807.txt

Seems like short-sellers will win eventually.

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10 years 3 months ago #20632 by FairPerson
Replied by FairPerson on topic MIDAS
ZEN: Might go below 40 cents soon. Hit 40.5 cents.

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10 years 3 months ago #20648 by FairPerson
Replied by FairPerson on topic MIDAS
Result released yesterday. More selling at 41 cents.
Go below 40 cents soon. Think not buying at this time. Wait till year end then decide.

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10 years 3 months ago #20649 by sykn
Replied by sykn on topic MIDAS
I think that's a wise decision. I have invested in this counter previously, but I always felt nervous about its high CAPEX and the unstable nature of the business; in the end, I bailed out at a small loss.

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