M1 *Official* (SGX: B2F)

[spiritGate]

Ok, just shorted this m1. Prices as for now is 2.88.

Target is 2.83++, yes just only few cents.
Scalping you may define my this trade.


Of course, lots size is huge. In order to cover the commission costs.

waaa short m1!!!! see whether ur target is correct or not hahaha

 

[spiritGate]

FA is for longer terms. Yes, you right on FA view.

But for scalper like us? We only look at prices actions aka TA. For a very short periods of times. Anyway, if anyone holding for a longer perspective? Yes, sure will goes up again.

if u short mean u need to buy it buy today right? (with the price of 2.83++)

 

[spiritGate]

No, I using CFD.

so when you need to cover back? so tat I will know whether your prediction zhun or not hahaha

 

[spiritGate]

What the points if I zhun or not zhun?
Haha, hello...this is just a forums leh.
No need to be serious.

You all can laugh whatever you people's wants. I don't give a damm. Haha

since u god of TA mah lol

 

[spiritGate]

Wah Lao, you must be a ginna right? So native. Haha.. go and educate yourself in trading more lah.

Of course I am native la

u mean naive right? LOL

 

[winorlose]

lol god of TA.. i suspect he is jiu hu kia

 

[Equivocal2011]

2.91!

There's hope for M1 afterall...

 

[spiritGate]

waaa M1 shoot up to 2.94

 

[xtwis7]

Wth? On a Friday and for 90% of the day was in the red suddenly shoot up to close in the green.

Shot myself for cutting too early.

 

[Raynon]

Wth? On a Friday and for 90% of the day was in the red suddenly shoot up to close in the green.

Shot myself for cutting too early.

Now is the time to buy , not sell

 

[iCuteCube]

Hit tio resistance many people buy only la. See how it last lor.
I bought at 3.24 still thought quite bargain liao, result of too much work, less monitor of the market

But some of my friends bought at 3.30, so i am not too bad (an wei yi xia).

 

[luei74]

Anyone cut loss at 2.8xx??

 

[neolaw]

Let's see on Monday.

For someone who is holding 700 units (and having cut 500), I'm happy both way.

I was planning to buy at 2.8x though.

Gx Gx

 

[NewInvestor]

I think it shot up because of short covering.

 

[neolaw]

I think it shot up because of short covering.

$5,000 fine is working fine. A pun.

 

[FlameEvil]

I think it shot up because of short covering.

Short covering on a Friday always give me suspense what will happen on Monday.

 

[havetheveryfun]

Could be short covering due to low volume these few days. But I really wonder who would still want to sell at 2.8x. Must be either forced selling or desperate...

already have one guy in this thread earlier alone who sold at that price to cut loss..

 

[Xasteria]

I also cut loss at $2.89, hopefully to buy other counters instead.

 

[Average]

Wow up seven cents! Best day in days for M1.

Sent from Xiaomi 2013023 using GAGT

 

[OngHuatHuat]

good news to M1 shareholders, now SGX lending pool only left 449000 shares to borrow.
Means you are temporary safe from all the shortists.

https://www1.cdp.sgx.com/sgx-cdp-web/lendingpool/show