Thursday, April 22, 2010

Stopped out for SMIC

Yes...at last, kena "stopped out" for my remaining holding for SMIC. The losses for these few days....last friday till today is nearly HKD100K not counting the commission. That is about 19K here.
WTF....really!!! and now looking at the ADR trading in the US, it is dropping further by another 5+%....meaning I will lose another load if I am still holding onto the stock.
So....I should be happy about the whole situation.

3 comments:

wINtoTo N aLSo 4D...yEAh! said...

this is the price I paid for putting all my eggs into 1 basket lor.
yes...I too made very fast money when it went up during the end of March time. just 5 days...and I won over 30K for my funding.

wINtoTo N aLSo 4D...yEAh! said...

found a good comment by Wynn boss in a interview with cnbc when he said that he is putting all his eggs into one basket for his investment in Macau....he said that just must watch the damn basket lor.

wINtoTo N aLSo 4D...yEAh! said...

MAN....it shot up today to 93 cts from 84 cts in yesterday's close.

Me....kena "PUNKED" shit!

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.