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 http://stockmarketmindgames.blogspot.com/2011/08/sheng-siong-uplimited-could-be-capped.html

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. http://stockmarketmindgames.blogspot.com/2011/09/sti-fast-punt.html

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. http://stockmarketmindgames.blogspot.com/2011/08/sheng-siong-uplimited-could-be-capped.html

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