CHTL, the end is near?
by Zagros on January 6, 2010
For the last 2days CHTL keeps diving. I have lost close to $1,000 of my profit within these 2days. I went greedy, and against my own roll when it comes to trading tips. I always advice my friends on this board, to take the profit ASAP to recover then initial investment, yet myself I did failed to do so, following my own trading tips.I am still in green, because I bought my shares at very cheap price. Check out this post on Dec 29th.
12/22/2009 2,500 $1.09 $2,732.00 $1.460 $3,650.00 $918.00 profit
And this from January 4th
01/04/2010 2,500 $1.09 $2,732.00 $1.800 $4,500.00 $1,768.00 profit
So here is the lesson, or my trading tips, which often people like me, fail to follow. Since my initial investment was only $2,732.00 (2500X1.09 =$2.700)
I should have sold 1500 on Jan 4th for $1.80
1500X $1.80 = $2.700
To recover my invested money and Ride 1,000 free share. This is my trading tips or if like to call it advice to all my readers to do. PLAY HOUSE’S MONEY.
I am still in green, because I bought my shares at very cheap price, I will ride it for longer. This is a good stock I like it very much, and I think it excessively sold. What I don’t like about it is the crazy rollercoaster ride. I‘ve never seen such an extreme movement in 2 deferent direction all within one session. For instance, today after hour trading these 2 transactions took place.
Go ahead and figure this one out, give me you trading tips, this is behind my comprehension. Today at 16.08, somebody unload 500,000 shares @ $1.31. That’s it CHTL is doomed. But wait, 40 minutes later another guy comes in and buys 172.699 shares for $1.485. CHTL is going to d moon. Which one should I believe? Hmmm. Eenie, Meenie, Miney, Mo, Catch a Tiger by his toe; If he hollers let him go, Eenie, Meenie, Miney, Mo. Does that answer your question? Really with drastic move in direction nothing is going to help in figuring out the next move. Or if you know any chart or TA or DD or anything else that can help, please FedEx me, ASAP.
Who was right on the money? I guess the only way to find out is to wait for tomorrow. GL
Tagged as:
Chtl,
Comprehension,
Deferent,
Direction,
Diving,
Drastic Move,
Eenie Meenie Miney Mo,
Extreme Movement,
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Good Stock,
Initial Investment,
January 4,
Miney,
Money,
Moon,
Rollercoaster Ride,
Tiger