Thursday, September 1, 2011

Sheng Siong - The Big Kill

While I am bearish on sheng siong, I am not sure if everyone believe in me because the stock price ran up constantly everyday. However, I am only looking to short it. I had made my analysis

Of course it went above my targeted price of 0.53-0.55. So what? Did I short there? Nope! I said I will watch for the turn and short. So where did i shorted? At 9.18am, I said I am looking for a fast punt.

So my short started at 9.18am. What price I got? Oh well, its 0.57. See the pictures above. But back in my mind, I knew I am not longing but only looking to short, because I am firm on my analysis made on August 30th.

Others can mock or laugh at me, but doesn't matter, because at the end of the day, it is who profited the most and whose pocket is heavier! K Wave and K Mind, you once again made big money for me! Thank you!

Those who want to know more why I shorted or want to thank me for helping you to make money, you can email me. :)

Ronald K