Shares & Derivatives
China Environment
By Mr. IPO  •  March 5, 2014
I think i have no "luck" with S-Chip and i should avoid them.... haha the first time i recorded the S-Chip in this blog was China Fishery.

I shared with you my position in China Environment earlier, and the next thing i know, it broke the "cut-loss" support which i have in mind of 49c and i cut my position at 48.5 cents today.



I don't like the look of the chart so probably, insiders are selling out. Time will tell if my decision is right or wrong but if you have followed me long enough, you will know that i don't like to hold on to a losing position. The first loss is probably the best loss for me.

Happy SRSing and i will need to think for a long time before getting any S-shit. :-(


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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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