Qingmei

I think you got me wrong. I dont tell ppl not to post penny, I told them never to go long on penny.
And i trade them. There is money to make . And penny rally is far from over.
Thanks for your luck.
 
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[relaxing 01-05-2012]:

Hi Cheongwei - You are a hilarious character. Just few days ago you asked everyone not to post penny stocks in the forum as they are rubbish. And now you said you bought TT Int and Informatics yesterday and will sell yr blue chips next mth lol. Pray tell why next mth and not now?
I never bother abt hopeless pennies as I have been thru that when I first started investing. Used to both buy and short sell pennies. Exciting but very dangerous if you are not disciplined and if not playing with spare cash. 
The guys here are looking at undervalued and unloved S-Chip pennies but your TT Int and Informatics are purely speculative. I checked them out briefly, one has negative shareholder funds and the other has PER 50.  But I am not saying you will not make $$$ in a frenzied speculative run. Not my cup of tea but never say NEVER. Good luck .    

I think the selling of Hunter hall will trigger some retail selling. It is good if you want to collect more. The ONLY thing needs to worry is whether QM's accounting is faked or not. I think this should be mentioned/questioned to the management team during meeting. I compared QM with its competitors in China(which lists in ShengZhen), if QM's accounting is not faked, QM is too much much better than any s-chips. Only two reasons for current situation: (1)QM account is faked. (2)Singapore investors' bias on S-Chips

Two questions on which I would be interested in your thoughts:
1. Wonder who bought the shares placed by Chairman at 16 to 17 cents and whether they did due diligence to justify that price. Or was it sold to a related party just to send some signal to market for some reason we dont know of.  
2. If they were indeed worth 16 to 17 cents, why would Hunter sell at such a low price  

Cheongwee - Apologies if I got you wrong. I trade stocks too but not brave to buy speculative pennies as once I study them , dare not buy lah.  I see TT Int is up 22% as I type - the shorties without stop loss may be on the way to hospital. By the way, this topic should be on another thread.

Hunter hall is a big fund. Only 0.2 % is spent on QM so even if they sell QM at a loss, they won't feel the pinch. When mutual funds adjust their portfolio, they dont really care what the bought price previously was. They just want to eliminate the losing stock, regardless of the loss (ken fisher).

Peterlynch,
FYI, since we are in this together, i set a cut loss for qingmei at 7 cents. just for your reference.