I divested a small portion of my holdings on Starhill Global. The divestment amount will be channeled back to me as cash. Admittedly, I made a slight loss on this transaction but I needed liquidated cash to meet my personal expenses and to take further advantage when AIMSAMPI decides to go into depression mode again.
I have always maintained the 80/10 rule (I wrote a post about it). However, for this month, I am clearing my ORD leave and spend most of my time at home. Without SAF's free food, I am left to be robbed mercilessly by inflation of food prices outside. Suddenly, my favourite duck rice costs $3.30, upped from $3 and with an unsightly reduction in rice quanlity. Shucks.
And with an ORD dinner treat to my family, and gotten myself a pre-owned Iphone 3GS, I am literally broke. The liquidated cash from Starhill Global will help replenish my scarce cash asset.
I am still waiting for my last NS allowance to arrive and hopefully, a job would follow suit after NS.
Tuesday, December 27, 2011
Wednesday, December 14, 2011
AIMSAMPI: Buy Order Fulfiled @ $0.945
Here we are again, seeing another buy order done for AIMSAMPI on another strong support.
I upped the buying bid from $0.940 to $0.945 yesterday night. I believed that the low volume seen on AIMSAMPI for the past few days was an indication that the price could have striked a hard floor. Yes, a hard floor is a very strong support and if it was a bottom in disguise, it could rebound strongly in the next trade. That was my early prediction.
But things didn't go well this morning. The price sank to $0.935, below the lowest low of $0.940 (my intended buy order) for 2011. Say to the main point, I was tricked by the volume data and upped the buying bid where I was supposed to get the buy order done at $0.940. Anyway, a good lesson learnt - if there are still rooms for the price to fall further, it will fall.
The next strongest support line is at $0.920 - the lowest low for the next-half of 2010.
I upped the buying bid from $0.940 to $0.945 yesterday night. I believed that the low volume seen on AIMSAMPI for the past few days was an indication that the price could have striked a hard floor. Yes, a hard floor is a very strong support and if it was a bottom in disguise, it could rebound strongly in the next trade. That was my early prediction.
But things didn't go well this morning. The price sank to $0.935, below the lowest low of $0.940 (my intended buy order) for 2011. Say to the main point, I was tricked by the volume data and upped the buying bid where I was supposed to get the buy order done at $0.940. Anyway, a good lesson learnt - if there are still rooms for the price to fall further, it will fall.
The next strongest support line is at $0.920 - the lowest low for the next-half of 2010.
Thursday, December 8, 2011
AIMSAMPI: Buy Order Fulfilled @ $0.955
Seizing the opportunity of a short downtrend of AIMSAMPI, I added a small amount of shares at $0.955. I wanted to load AIMSAMPI at $0.950 but the buy queue at that price level was too strong. So I upped the buying price to $0.955 and fulfilled it.
As an investor who looks into support levels to buy a stock, I identified two strong supports at $0.940 and $0.920, respectively. To explain things further, $0.940 was the lowest low for 2010 and $0.920 for next-half of 2009. My next two buy orders shall be on these supports:
As an investor who looks into support levels to buy a stock, I identified two strong supports at $0.940 and $0.920, respectively. To explain things further, $0.940 was the lowest low for 2010 and $0.920 for next-half of 2009. My next two buy orders shall be on these supports:
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