I had found that the trade had dried out, the selling power is weak, and the buying power is also very weak
At the extreme market situation, let us say market crash, those trading with ordinary price curve will be heavily hit
but from experience, if the market crash down, those stock with most of the stake held by very few players, might start to punch up the price for couple reasons: such as attracting new small buckers, or changing hands, and at the dark market situation, who will be attracting more attention are those who turns green at very fast pace.
I am looking down the market, but for individual stock, I have look at the technical analysis, and price movement.
Display:All
Order Date
Time
Order Number
Order Type
Code
Quantity Ordered
Quantity Outstanding
Quantity Executed
Price ($)
Expiry Date
Status
Action
30/01/2012
1:58 PM
N62166443
Buy
PLA
100,000
47,194
52,806
0.088
27/02/2012
In Market
Select ActionViewAmendCancelPosition In Market
At the moment, the 100k of stock have not fully executed yet, will wait and see.
The other stock I am going to trade in is MUE, and the current stock I am holding is EAU.
The trading strategy for PLA will be short term long, I am looking for PLA to go beyong 0.12 and drop back if the quarterly report not good,( defintely wont be good, but depending on the market forecast, I will exit and see, and if things alright, including the global market, then might consider back in, but all pending to market situation)
And will shift some fund to China, and China is releasing more money to the market, the real estate market still under control, the stock market will perform well soon, therefore, I will get the money out from Australia on such a high exchange rate, and back to china to hedge the risks, and probaly will merge my personal investment money with company import money to import more stock to Australia Market.
PLA Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held