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Where is the momentum? Mon Apr 18, 2011 12:00 pm
Re: Where is the momentum? Mon Apr 18, 2011 12:09 pm
StocksWatch wrote:Where is the momentum that we saw on last Tuesday, just before the martket closed for the new year holidays?
Looks like most of the investors/traders are still enjoying the holidays and not back in the market yet.
Re: Where is the momentum? Mon Apr 18, 2011 12:30 pm
tubal wrote:StocksWatch wrote:Where is the momentum that we saw on last Tuesday, just before the martket closed for the new year holidays?
Looks like most of the investors/traders are still enjoying the holidays and not back in the market yet.
looks like smart money is still on the way out.
The market is up but majority of the counters have declined. Just another day at the CSE. I have no doubt that the index will hit the 9000 level by end of june and hit the 10,000 level by the end of the year. At the same time the value of your porfolio will decline first to 80% and then to 70%
Re: Where is the momentum? Mon Apr 18, 2011 12:53 pm Re: Where is the momentum? Mon Apr 18, 2011 12:55 pmStocksWatch wrote:Free Lanka is strugling to make it to today's top five gainers even. Illiquid counters are on the run at CSE yet again.
Can you believe BINN is trading at 185, a stock that doesn't have a positive net asset value let alone the huge accumulated losses!
Re: Where is the momentum? Mon Apr 18, 2011 1:13 pmslstock wrote:tubal wrote:StocksWatch wrote:Where is the momentum that we saw on last Tuesday, just before the martket closed for the new year holidays?
Looks like most of the investors/traders are still enjoying the holidays and not back in the market yet.
looks like smart money is still on the way out.
The market is up but majority of the counters have declined. Just another day at the CSE. I have no doubt that the index will hit the 9000 level by end of june and hit the 10,000 level by the end of the year. At the same time the value of your porfolio will decline first to 80% and then to 70%
Haha. Cheer up buddy . Let hope our portfolio will nto suffer that much. Just when I though market was trying to follow fundamentals the illquid crap rules. Even a bare land is a hot spot right now
Re: Where is the momentum? Mon Apr 18, 2011 1:15 pm
slstock wrote:tubal wrote:StocksWatch wrote:Where is the momentum that we saw on last Tuesday, just before the martket closed for the new year holidays?
Looks like most of the investors/traders are still enjoying the holidays and not back in the market yet.
looks like smart money is still on the way out.
The market is up but majority of the counters have declined. Just another day at the CSE. I have no doubt that the index will hit the 9000 level by end of june and hit the 10,000 level by the end of the year. At the same time the value of your porfolio will decline first to 80% and then to 70%
Haha. Cheer up buddy . Let hope our portfolio will nto suffer that much. Just when I though market was trying to follow fundamentals the illquid crap rules. Even a bare land is a hot spot right now
Re: Where is the momentum? Mon Apr 18, 2011 1:27 pm
Re: Where is the momentum? Mon Apr 18, 2011 1:32 pmslstock wrote:thats why I said even a bare land is a hot spot right now
Re: Where is the momentum? Mon Apr 18, 2011 1:57 pm
tubal wrote:slstock wrote:tubal wrote:StocksWatch wrote:Where is the momentum that we saw on last Tuesday, just before the martket closed for the new year holidays?
Looks like most of the investors/traders are still enjoying the holidays and not back in the market yet.
looks like smart money is still on the way out.
The market is up but majority of the counters have declined. Just another day at the CSE. I have no doubt that the index will hit the 9000 level by end of june and hit the 10,000 level by the end of the year. At the same time the value of your porfolio will decline first to 80% and then to 70%
Haha. Cheer up buddy . Let hope our portfolio will nto suffer that much. Just when I though market was trying to follow fundamentals the illquid crap rules. Even a bare land is a hot spot right now
I would be really happy if they allowed shorting. I don't mean naked shorting but stock borrowing and lending. That way the manipulators will not be able to drive the prices of this crappy shares upwards like they have been doing all year. There will be guys like me gleefully shorting and crashing their party.
The SEC approved borrowing and lending on principal long ago. But neither the brokers nor the cse have taken any steps to implement it. One wonders if they really do want manipulators to prosper while retailers suffer.
Re: Where is the momentum? Mon Apr 18, 2011 2:56 pmStocksWatch wrote:Free Lanka is strugling to make it to today's top five gainers even. Illiquid counters are on the run at CSE yet again.
Can you believe BINN is trading at 185, a stock that doesn't have a positive net asset value let alone the huge accumulated losses!
Re: Where is the momentum? Mon Apr 18, 2011 3:29 pmwikum100 wrote: i think so called fundamentals dont apply to this type of shares
people want only money ......fundamentals dont apply to them
Re: Where is the momentum? Mon Apr 18, 2011 10:03 pm Re: Where is the momentum? Mon Apr 18, 2011 10:20 pmwikum100 wrote: i think so called fundamentals dont apply to this type of shares
people want only money ......fundamentals dont apply to them
Re: Where is the momentum? Mon Apr 18, 2011 10:27 pmStocksWatch wrote:wikum100 wrote: i think so called fundamentals dont apply to this type of shares
people want only money ......fundamentals dont apply to them
Its OK, everybody is here to make money. But are they really making money is the question.
Now the chap who bought BINN at ruppes 180 per share today has to find another fool to pass that on. Eventually when the price falls, a bunch of innocent retailers will be sitting with shares bought at the peak, not knowing what to do with that.
agreed with you ...but what to do? who will control the unjustifiable higher price ?so called 10% price band will not effective in this ?or is it high time to find a another formula to controle it ? your views?
Re: Where is the momentum? Mon Apr 18, 2011 11:31 pmwikum100 wrote: agreed with you ...but what to do? who will control the unjustifiable higher price ?so called 10% price band will not effective in this ?or is it high time to find a another formula to controle it ? your views?
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