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Showing posts from November, 2011

Panin Financial Tbk - JSX

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Panin Financial Tbk - JSX The commercials are loading up on this stock. However the prices are going lower. What is happening? The commercials do not always buy at the lowest prices. They accumulate the stock because they have a need to. An example will be like the big commercials such as Hersheys, Cadbury. They buy cocoa because they have need to. They need to come out with the chocolate products to sell to the masses. They buy no matter how low or how high the price of cocoa might be. But we are not here to understand the reasons why they buy or sell. We just follow what they do because we know they have the power to influence the price. When they buy prices will usually go up and when they sell prices usually will go down. This might be a good time to buy into it as prices are lower than when some of the commercials started buying. However don't forget about the stop-loss! Be ready!

Benakat Petroleum Energy Tbk - JSX

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Benakat Petroleum Energy Tbk - JSX There was a big move up beginning on 17 Nov 2011. The commercials however have been buying since on 11 Nov 2011. They went in well before anyone else. If you look properly some of the commercials went in earlier than that on 27 Oct 2011.

CentraLand To Delist from SGX - Pickard Enterprises Limited

CentraLand just announced that it will be delisted from SGX next Friday. Pickard Enterprises Limited offered SGD 0.40 per share to acquire all the issued ordinary shares.

MF Global Singapore - AmFraser, Kim Eng, CIMB - CFD Accounts

MF Global Singapore was suspended by SGX this week and this caused open positions held by some CFD traders of AmFraser, Kim Eng, CIMB accounts to be frozen. MF Global Singapore is the counterparty. Some traders will also be trading with MF Global. So the question for the trader is do I liquidate the positions or transfer the positions to another broker? Larry Williams in his email to his readers suggested to liquidate the positions instead. Why? Because MF Global might be short on cash. They can transfer your positions to another broker but will they also transfer the cash to support that position? No cash to support that position = margin call...