Artivision - cheong!

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13 years 5 months ago #6200 by Joes
Replied by Joes on topic Re:Artivision - cheong!
dropped to 15.5 cents this morning... waiting for it at 11 cents...and then it cheong back to 21 cents. this is a truly manipulated & supported stock, in my view.

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13 years 5 months ago #6202 by MacGyver
Replied by MacGyver on topic Re:Re:Artivision - cheong!
Dear Yeh, Yes, I am still holding on to the stock. As mentioned, this is a small bet. So I will not lose sleep if the share price dropped to 1 cent tomorrow. Thank you.

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13 years 5 months ago #6203 by MacGyver
Dear Joes, I would not call it a manipulated stock. It is a concept stock. And it is riding on the market mood for internet stories. If Groupon can list with USD 20 billion market value, despite having USD 350 million losses, it makes you wonder about what is valuation....

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13 years 5 months ago #6214 by Joes
Replied by Joes on topic Re:Artivision - halt!
halt - announcement could be positive news. Which the market seems to have got wind of yesterday when the stock price recovered.

if it's negative news, jialat. the stock would be ready to dive.

All in, this is a very exciting stock to play, if you have nerves of steel.

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13 years 5 months ago #6375 by yeng
Replied by yeng on topic Re:Artivision - cheong!
+2 cents, at 22 cents now. This stock got liao, or it would have evaporated. Not my kind of stock, tho, as it is too speculative

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13 years 5 months ago - 13 years 5 months ago #6425 by MacGyver
Replied by MacGyver on topic Re:Re:Artivision - cheong!
Dear Forummers,
I have sold majority of my shares in Artivision today at 25 cents.
I took back my capital. Whatever remain are the profit made.
I am putting the capital to buy some more Techcomp today.
Many funds that I met told me that they do no expect QE 3 to be launched. I hold a different view on this matter.
I do think that Bernarke holds the view that the global economy is still fragile and did not recover in 1H2011 (hit by Japanese tsunami). Hence, I believe he will not risk holding back QE 3. In fact, I do think QE 3 could be more aggressive than QE 2.
Nobody is right or wrong in this. It is everybody's guess.
Have a good weekend.
 
 
Last edit: 13 years 5 months ago by MacGyver.

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