Analysis 5/4/2011

I'm totally out from Coastal yesterday with loss. Not counting yet I how much I have loss.

SEAL buy 50000 at 0.54 then sold at 55.5 cent. Manage to cut down the losses Then buy back 50000 at 0.54. Keep. Price close lower at 0.53cent.

Mistake learn
1. Don't chase fast moving stock
2. Don't buy much when the overall market down
3. If already buy, use hit and run. Don't wait till the price going down.
4. Sold first, then buy back at lowest that day. Sold when the price rebound( what I'm doing now) not necessarily you will make money. At least can cover of your losses.
5. Careful when buying high speculative stock

My holding:
Naim - down to 2.49
Jetson - down to 1.30
PJI - down 16.5 cent See what happen today. Maybe some cut loss today. Hope the market will recover some of the losses yesterday.


At 2.55pm I sold PJI 10000shares at 17.0cent. Very strong momentum seen. I buy back 100000share at 17.5cent. Clear SEAL at 53.5cent. Buy back at 52.0cent and clear at 53.3 cent. Jetson- down CMSB - flat ..i will top up cmsb if i have enough capital for rebound.See tomorrow to fly high....

Update 5.00pm

CMSB - down 1 cent ( 2.48 with low volume)
Jetson - down 1.28 ( buy today 10000 at 1.28)
PJI - closed 0.17cent ( buy 100000 at 0.175)

Whatever i buy all down and whatever i sold all up. Keep it - down, sell it - up. Sell early it's going up, hold it's going down..... Nasib???? Where is my luck ????