PAP came down

I came to know that Mr.Dilith Jayaweera dropped some his shares today from reliable source. it was a reason to came down stock market. This was a clear manipulation. My dear friends, did you heard that kind information

Similar happned to REEF when acted.How earned so much of money.May be invest onbehalf of someone else

Ever wondered why he paid Rs. 6 for PAP, when it was trading at Rs. 4.50?

"AHASA USATA NAGA GIYATA NAHANE AHSE RADENNE"

There should be end to up and also there should end to down.

People who find the end point to be the winners.

Nothing Else

Happy Trading

I'm in fully doubt situation ..... If he droped ...

01. Thr was crossing @ 7.90
02. There was a constant buying @ 7.5 (Very strong)
03. today ddnt much reach like other past stocks (CLND & REEF) with the band

I'm holding PAP & i think some thing going around here .... I feel it something nice smelly D but dnt knw its a BAD SMELL

Awaiting for surprise I'm positive .... who's with me ??

yes me too hope this will reach 12

roshan1039 wrote:yes me too hope this will reach 12

We all know the reason for PAP.N to shoot up and looking at financials, I find it hard to see why PAP.N should reach 12.

Chabbi wrote:I'm in fully doubt situation ..... If he droped ...

01. Thr was crossing @ 7.90
02. There was a constant buying @ 7.5 (Very strong)
03. today ddnt much reach like other past stocks (CLND & REEF) with the band

I'm holding PAP & i think some thing going around here .... I feel it something nice smelly D but dnt knw its a BAD SMELL

Awaiting for surprise I'm positive .... who's with me ??

By looking at previous occasion when a stock get caught to the price band, there is a very high possibility to go up by 10% for next 2 days. That was the pattern for any share which is either has good or bad financial background.

I too bought 200,000 shares @ 7.50 levels today, so my opinion may be biased.

-- Please do study before buy or sell this share. This is only my personnel view --

It will land to 5-6 level by near future..and settle at that range...!.

Im also keeping my fingers crossed...

However I sold half of my stake to reduce the risk....

SL.Market wrote:"AHASA USATA NAGA GIYATA NAHANE AHSE RADENNE"

There should be end to up and also there should end to down.

People who find the end point to be the winners.

Nothing Else

Happy Trading

I think what happened with PAP was that it went too high for a single day to keep the momentum going for another day. As there was such a heavy overbought condition, the price had had to come down today. It may go a little low tomorrow before it can turn around 7 or so. Remember that the crossover took place at 6, so there's thin to none chance for it to go anywhere lower than that point in the near future.

I'm holding on to PAP in the hope that it to move back to 8+. With the heavy buying seen today around 7.50 and 7.60, there's a great chance for it to make a move back to 8. The heavy selling today may have been due to the large percentage of sellers who were off the market yesterday. Most of them got their shares below 5, so it was understandable to see them selling happily at 7.50, with a 50%+ gain.

The price band is there till next Monday, so the maximum it can go down tomorrow is to 6.80. And it will go down to 6.00 on Tuesday if it is to go that low. But I have a very strong belief that it will turn around 7 to make another run towards 8.

If you were following the markets closely for last few days, you would have seen all the positive signs of PAP readying for a bull run. The bullish trend is still there so I'm positive for the future of PAP.

(I'm new around here so correct me if I'm wrong)

Thank you..

_________________________
Leo

Leo_pold wrote:

SL.Market wrote:"AHASA USATA NAGA GIYATA NAHANE AHSE RADENNE"

There should be end to up and also there should end to down.

People who find the end point to be the winners.

Nothing Else

Happy Trading

I think what happened with PAP was that it went too high for a single day to keep the momentum going for another day. As there was such a heavy overbought condition, the price had had to come down today. It may go a little low tomorrow before it can turn around 7 or so. Remember that the crossover took place at 6, so there's thin to none chance for it to go anywhere lower than that point in the near future.

I'm holding on to PAP in the hope that it to move back to 8+. With the heavy buying seen today around 7.50 and 7.60, there's a great chance for it to make a move back to 8. The heavy selling today may have been due to the large percentage of sellers who were off the market yesterday. Most of them got their shares below 5, so it was understandable to see them selling happily at 7.50, with a 50%+ gain.

The price band is there till next Monday, so the maximum it can go down tomorrow is to 6.80. And it will go down to 6.00 on Tuesday if it is to go that low. But I have a very strong belief that it will turn around 7 to make another run towards 8.

If you were following the markets closely for last few days, you would have seen all the positive signs of PAP readying for a bull run. The bullish trend is still there so I'm positive for the future of PAP.

(I'm new around here so correct me if I'm wrong)

Thank you..

_________________________
Leo

I can fully understand your positive attitude towards PAP as you are holding on to it in the hope that it will move back to 8+. But if you only want it to pass 8, you had ample time today to sell your shares easily above 8. Why didn't you make that decision today? Were you expecting a price higher than 8+?

StocksWatch wrote:

Leo_pold wrote:

SL.Market wrote:"AHASA USATA NAGA GIYATA NAHANE AHSE RADENNE"

There should be end to up and also there should end to down.

People who find the end point to be the winners.

Nothing Else

Happy Trading

I think what happened with PAP was that it went too high for a single day to keep the momentum going for another day. As there was such a heavy overbought condition, the price had had to come down today. It may go a little low tomorrow before it can turn around 7 or so. Remember that the crossover took place at 6, so there's thin to none chance for it to go anywhere lower than that point in the near future.

I'm holding on to PAP in the hope that it to move back to 8+. With the heavy buying seen today around 7.50 and 7.60, there's a great chance for it to make a move back to 8. The heavy selling today may have been due to the large percentage of sellers who were off the market yesterday. Most of them got their shares below 5, so it was understandable to see them selling happily at 7.50, with a 50%+ gain.

The price band is there till next Monday, so the maximum it can go down tomorrow is to 6.80. And it will go down to 6.00 on Tuesday if it is to go that low. But I have a very strong belief that it will turn around 7 to make another run towards 8.

If you were following the markets closely for last few days, you would have seen all the positive signs of PAP readying for a bull run. The bullish trend is still there so I'm positive for the future of PAP.

(I'm new around here so correct me if I'm wrong)

Thank you..

_________________________
Leo

I can fully understand your positive attitude towards PAP as you are holding on to it in the hope that it will move back to 8+. But if you only want it to pass 8, you had ample time today to sell your shares easily above 8. Why didn't you make that decision today? Were you expecting a price higher than 8+?

Actually there are two things. First I was out of home till noon and by the time I looked at the market, it had gotten to 7.50 already. Second thing is that my broker firm is Asha Phillips and since my portfolio is less than 200k, I don't have online trading facility. So I have to do all the transactions through my broker, who is not the easiest person to catch over phone during the market hours. (If I had online facility, I would have sod at 8.20 yesterday around 2.00 pm when the rocketing up trend lost it's momentum and went to a flatter phase) Even though I stay online throughout the day, I have to relay on sites like bloomberg.com and ever crashing cse.lk to look for market movements and to make my moves. So I hope you can understand my situation sir..

Thanks..

@leopad

man get real. open an account at asia capital or any other broker that doesnt put restrictions on retailers.

Asia capital has no restriction?

Leo_pold wrote:Asia capital has no restriction?

no man i spend only 10000 get my online account

ssb wrote:

Leo_pold wrote:Asia capital has no restriction?

no man i spend only 10000 get my online account

I called them and they too confirmed it. They give CDAX without any limit. So I'll pay them a visit tomorrow to open a new CDS account. Thanks guys.

PS: Like I said PAP did turn around 7 and went back to 7.70. By the way, did any of you guys saw that huge 1 million buying order at 7.50? People are buying PAP like hell. On the other hand I sold my shares at 7.50 (thought its enough for me) and entered to FLCH at 5.00. I now have SEMB.N, ATL and FLCH in my portfolio and hope that at least one of them make a run within the coming week.

Is EXPO coming to the markets tomorrow? Really excited to see how it acts in the first day!!

Leo_pold wrote:

ssb wrote:

Leo_pold wrote:Asia capital has no restriction?

no man i spend only 10000 get my online account

I called them and they too confirmed it. They give CDAX without any limit. So I'll pay them a visit tomorrow to open a new CDS account. Thanks guys.

Is EXPO coming to the markets tomorrow? Really excited to see how it acts in the first day!!

Expo on 13th June only.