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Burnt the hand - REEF W

5 posters

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1Burnt the hand - REEF W Empty Burnt the hand - REEF W Fri Dec 19, 2014 10:12 am

OneYear


Manager - Equity Analytics
Manager - Equity Analytics

Hi Friends,

I thought based on the trading pattern of REEF w, 1.50 would be a good price and I can sell at 1.60 or 1.70. So, I bought at 1.50 last week.

Now, I put selling order till cancel but still not sold.

What should I do? With the market up at least after election will I be able to sell this at that price? Please comment. Shocked

2Burnt the hand - REEF W Empty Re: Burnt the hand - REEF W Fri Dec 19, 2014 11:43 am

RPPA


Expert
Expert

OneYear wrote:Hi Friends,

I thought based on the trading pattern of REEF w, 1.50 would be a good price and I can sell at 1.60 or 1.70. So, I bought at 1.50 last week.

Now, I put selling order till cancel but still not sold.

What should I do? With the market up at least after election will I be able to sell this at that price? Please comment. Shocked  

There is risk involved. But you may succeed @ 1.70. Very Happy

When the market picks up.

3Burnt the hand - REEF W Empty Re: Burnt the hand - REEF W Fri Dec 19, 2014 1:00 pm

OneYear


Manager - Equity Analytics
Manager - Equity Analytics

RPPA wrote:
OneYear wrote:Hi Friends,

I thought based on the trading pattern of REEF w, 1.50 would be a good price and I can sell at 1.60 or 1.70. So, I bought at 1.50 last week.

Now, I put selling order till cancel but still not sold.

What should I do? With the market up at least after election will I be able to sell this at that price? Please comment. Shocked  

There is risk involved. But you may succeed @ 1.70. Very Happy

When the market picks up.


Thanks for the comment RPPA. Then hope for the best Very Happy

4Burnt the hand - REEF W Empty Re: Burnt the hand - REEF W Fri Dec 19, 2014 1:36 pm

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics

OneYear wrote:Hi Friends,

I thought based on the trading pattern of REEF w, 1.50 would be a good price and I can sell at 1.60 or 1.70. So, I bought at 1.50 last week.

Now, I put selling order till cancel but still not sold.

What should I do? With the market up at least after election will I be able to sell this at that price? Please comment. Shocked  

One year, go two years back and see what happened

5Burnt the hand - REEF W Empty Re: Burnt the hand - REEF W Fri Dec 19, 2014 4:13 pm

OneYear


Manager - Equity Analytics
Manager - Equity Analytics

Sarabulathwita wrote:
OneYear wrote:Hi Friends,

I thought based on the trading pattern of REEF w, 1.50 would be a good price and I can sell at 1.60 or 1.70. So, I bought at 1.50 last week.

Now, I put selling order till cancel but still not sold.

What should I do? With the market up at least after election will I be able to sell this at that price? Please comment. Shocked  

One year, go two years back and see what happened

I just check from CSE site, it was between 5 to 7. Similar thing happened at that time as well?

BTW, how you are checking historical price movement from CSE site? I have not signed up, so they are not giving data. Neutral

6Burnt the hand - REEF W Empty Re: Burnt the hand - REEF W Fri Dec 19, 2014 8:54 pm

hasarel

hasarel
Manager - Equity Analytics
Manager - Equity Analytics

Before the Cutoff date you can Exit with profit , But this share is very famous for Gambling,So keep on eye study

7Burnt the hand - REEF W Empty Re: Burnt the hand - REEF W Sat Dec 20, 2014 10:33 pm

OneYear


Manager - Equity Analytics
Manager - Equity Analytics

hasarel wrote:Before the Cutoff date you can Exit with profit , But this share is very famous for Gambling,So keep on eye study

Yeps. I already put the sell order till it sell @ 1.70 & part @ 1.60.

8Burnt the hand - REEF W Empty Re: Burnt the hand - REEF W Sat Dec 20, 2014 11:03 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

High Risk and cut off date end of may exercise price 40.00 but REEF.N trading 16.50

Current value of REEF.W0019 -23.50 

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