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Gallardo wrote:Maybe Yes, Maybe No. The game is not over until the last millisecond of the last second of trading next week. Until then be careful but it's better if you're as smart as you are careful. If you are a smart trader there are huge opportunities here, otherwise stay away from it. Volatility is our friend as long as we are on the correct side of the buy and sell curve. Last warrant closed at 7.4 after trading between 6.30 and 8.6 on the final day. The share split must also be considered, they say history repeats itself so play very carefully and don't be manipulated by anyone.
Also JKH.N was @ 170/= + in last year September............ unless a miracle happens and JKH.N will climb 170/= + it's hard to believe that history repeat itselfruwan326 wrote:Gallardo wrote:Maybe Yes, Maybe No. The game is not over until the last millisecond of the last second of trading next week. Until then be careful but it's better if you're as smart as you are careful. If you are a smart trader there are huge opportunities here, otherwise stay away from it. Volatility is our friend as long as we are on the correct side of the buy and sell curve. Last warrant closed at 7.4 after trading between 6.30 and 8.6 on the final day. The share split must also be considered, they say history repeats itself so play very carefully and don't be manipulated by anyone.
well, JKH.W0022...........
49 254 092 (W.0022) shares successfully converted out of 50 281 136
only 1 million(10 27 044) did not converted and probably people did not knew about w.shares
This time, JKH.W0023.......
50 281 136 became 57 464 155 after split and![]()
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2015 Sept 22-10.90/= 23rd-11/=, 25th-8.90/= were the closing prices for JKH.W0022......
But today 22nd Sept JKH.W0023 - closing price is 2.00 not like last year 10.90/= and what are the chances on 23rd,26th and 27th ???????????????????????????![]()
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When it comes to sri lanka , This country runs by Horoscope readers, Feng shui dealers, fortune tellers etc. Even the x president fall for it............Gallardo wrote:Also JKH.N was @ 170/= + in last year September............ unless a miracle happens and JKH.N will climb 170/= + it's hard to believe that history repeat itself![]()
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Ruwan.......
They say history repeats itself for a good reason, what's easy to believe is that this warrant will be volatile until the last millisecond.That is exactly like w22 last year then.
The history of modern world economics are a good example. Every time a country gets a huge competitive advantage in productivity, it takes a lead in global manufacturing and wealth. Great Britain had that lead, later it was America then Japan then Korea then China.
No one can guarantee an upward or downward direction with 100% certainty for the warrants, we can only calculate probabilities. Considering the share split, one can't guarantee over 5 here as opposed to the 7.40 close of the last one. But at the same time, we can't really guarantee 1.6, 1 or 0.1 can we?.
So be agile with any trades, rapid with any order executions or stay away and just watch the action. There will be big winners or a bloody massacre but both can't happen to you at the same time. You have to decide if you can win or you might lose and calculate accordingly. Those who got in on the last day of w22 at 6.30 were laughing when they unloaded at 7.40 but if they didn't, they had the money to convert which still makes them huge winners in the long run. It all depends on your time frame mate. It's dangerous if you can't convert. But if you can, it's a a rare backdoor entry into huge quantities of JKH at just 151. If I want millions more of JKH, will I really worry about paying another 2 or 3 more rupees to get it? No!![]()
As for miracles, don't depend on them even if you believe in them. You asked if a miracle will happen and JKH climbs to 170? 170 then is today's 148.75 after the split if I'm not mistaken. So will a miracle happen? Or has it already happened?Just be careful if you trade but all the best with making the best out of this situation.
3500troy wrote:Ruwan....
My only question is how many JKH warrants that you are going to convert???
Gallardo wrote:Where is the horror-scope guy from the last election? If we could ask him about the warrants and do the exact opposite, I'm sure we'll all be millionaires
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JKH at 200 in November seems like a lot! Aim for the stars and get to the moon or clouds right!?I'll be happy even with 170, too far beyond and a bubble could emerge. Those who got the warrants at these low prices got busy when the price is low. You can see the volumes really increase when price plummets like today. Aren't they crafty to collect so low and increase their shareholding percentage!
ruwan326 wrote:3500troy wrote:Ruwan....
My only question is how many JKH warrants that you are going to convert???![]()
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How much you gain from JKH.W0023 so far buying and selling?????????
Good, so are you still holding W0023?????troy wrote:ruwan326 wrote:3500troy wrote:Ruwan....
My only question is how many JKH warrants that you are going to convert???![]()
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How much you gain from JKH.W0023 so far buying and selling?????????
To be honest, within last two weeks 3500*100 (plus a bit.)
Now all that profits and capital is in CIFL.
There was a time I throw @ stars But now I throw only to the MoonGallardo wrote:Where is the horror-scope guy from the last election? If we could ask him about the warrants and do the exact opposite, I'm sure we'll all be millionaires
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JKH at 200 in November seems like a lot! Aim for the stars and get to the moon or clouds right!?I'll be happy even with 170, too far beyond and a bubble could emerge. Those who got the warrants at these low prices got busy when the price is low. You can see the volumes really increase when price plummets like today. Aren't they crafty to collect so low and increase their shareholding percentage!
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