When players lost their heads, bad things can happen. Be careful!
Chart 1: Tiger's daily chart as at Oct 31, 2012_3.15pm (Source: quickcharts)
Chart 2: Tiger-WA's daily chart as at Oct 31, 2012_3.15pm (Source: quickcharts)
Wednesday, October 31, 2012
Tiger- running wild!
When a stock & its related instrument (say, warrant) behave irrationally, it is a sign that the play has reached the blow-off stage. Today, we see that in the play on Tiger & Tiger-WA. As at 3.15pm, Tiger & Tiger-WA were traded at RM0.39 & RM0.375, respectively. Come on, people! You still have to pay RM0.20 to convert the warrant to the share! For RM0.015 difference, wouldn't it be more sensible to buy the share instead of the warrant???
When players lost their heads, bad things can happen. Be careful!
Chart 1: Tiger's daily chart as at Oct 31, 2012_3.15pm (Source: quickcharts)
Chart 2: Tiger-WA's daily chart as at Oct 31, 2012_3.15pm (Source: quickcharts)
When players lost their heads, bad things can happen. Be careful!
Chart 1: Tiger's daily chart as at Oct 31, 2012_3.15pm (Source: quickcharts)
Chart 2: Tiger-WA's daily chart as at Oct 31, 2012_3.15pm (Source: quickcharts)
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7 comments:
Hi! alex-when will the tiger be caged? another of rAYMOND CHAN CAPER?THE MUSICAL CHAIR IS ON.WHO WILL CATCH THE BAIT?THEY NEVER LEARNT.ONE WORD-GREED!!!
Hi bro. Please comment on MQTECH (0070). MQTECH financially strong, why price cannot rise? Can buy at current level? Thx
Hey Alex,
An interesting read here:
http://www.aaii.com/journal/article/stock-price-movements-are-unpredictable.mobile
Besides there is no leverage play. Absolute defy theory, logic and common sense playing with Tiger warrant. "Knowing that there are tigers up in the mountain but yet want to go there". How not to be killed?
Hi charles leong
Look what you have done to the tiger.
Hi wong
Who knows... I don't!
Hi konchy
I have a book written by Burton Malkiel. He is a fine writer but his idea that the market is governed by efficient market & price movement is a random walk, just doesn't jive with me. If you have been in the market long enough, you know that it is not true.
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