MARKET HEADLINE: SHORT SELLING BY OCTOBER

Global Estate Resorts, Inc.
#21
i think this is ready to challenge P3...

GO MACQ!!!
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#22
(07-21-2011, 07:44 AM)rider168 Wrote: mga boss good morning Smile nagbenta na rin si McCoy Confused

[Image: geri07212011b.png]

pero tanungin natin si pareng Elliott (low tide waver lang po ako)
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is this an opportunity to buy or add to your existing position?

hi guys,

newbie alert here Smile

Rider168, i find your charts to be very informative.. may i ask where you get them or what software you use for it? Just curious.

I'm a newbie at stock trading/investing, and i want to learn more about the workings and psychology of these "erratic" stocks like LIHC, PX, etc. Not sure if GERI falls under the same group.

I looked at the data from your chart. Again, im no expert (I cant even understand what that chart means). I just got the data from MACQ's Buy and Sells and tried to make sense of it using layman's logic..

First off, Im a bit confused on the Data "AS OF DECEMBER 22, 2010", since the numbers keep changing. Does it mean NET BUYS SINCE Dec? (Net of buys and sells since December till the date of your postings?) But if I compute the added buys and sells youve been posting, there is still a discrepancy (unless of course there are other days that Macq made transactions which you happen not to have posted the chart)

In any case, I just simply want to understand the psychology of these transactions. As one poster said, Does Macq know something we dont?

Looking at the last 2 transactions,

MACQ BUYS 7,000,000 shares @ 2.858 ave on Jul 20.
next day, Jul 21, they SOLD 2,000,000 at a LOSS @ 2.5.

1) Is this some kind of intentional manipulation of price?
2) of course, they still have overall gains since they had about 80-90 Million shares bought lower than that.
3) maybe im just looking too much into it, perhaps someone needed money at that day to buy other positions.

Still overall, MACQ has around 80 million shares left, bought at ave of 2.423 (if based on "as of December 2010" charts.

1) What do you think they'll do next? Buy MORE or start selling slowly? with a current price of 2.84 thats around 40 cents profit per share. At 80M shares thats already P 32,000,000 pesos profit since they acquired shares on Dec 22, 2010.

2) Of course, they cant just dunp all shares at once since the price will drop like a rock. So what is the usual strategy for this?

3) Is this all some strategy? Is this what you guys call "Jockeying"?
If it is, who could be behind it? I hear names like CHUCKY and JAP all the time (and already researched who they are). Is there anyone else infamous for doing this?

4) If not a strategy, then maybe its possible they do know something? like an upcoming merger, project or something? whats in the grapevine? Smile

5) Last and most difficult question to answer, and i understand the risks of heeding any answers to this question but ill ask it anyway...

Do you think this stock is still a Buy at this price point?

Thanks for listening to this ramblings... i might just be putting too much into some numbers in a table... Smile


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#23
hi boss kyleryner, pls see my reply below:

(07-24-2011, 12:15 PM)kyleryner Wrote: hi guys,

newbie alert here Smile

Rider168, i find your charts to be very informative.. may i ask where you get them or what software you use for it? Just curious.

The software i'm using for the top buyers/sellers is proprietary and still under development and no plan yet to distribute it publicly... (less headache so that I can focus more in trading) Smile. For the charts, i'm using amibroker with customized database plugin.

I'm a newbie at stock trading/investing, and i want to learn more about the workings and psychology of these "erratic" stocks like LIHC, PX, etc. Not sure if GERI falls under the same group.

I looked at the data from your chart. Again, im no expert (I cant even understand what that chart means). I just got the data from MACQ's Buy and Sells and tried to make sense of it using layman's logic..

First off, Im a bit confused on the Data "AS OF DECEMBER 22, 2010", since the numbers keep changing. Does it mean NET BUYS SINCE Dec? (Net of buys and sells since December till the date of your postings?) But if I compute the added buys and sells youve been posting, there is still a discrepancy (unless of course there are other days that Macq made transactions which you happen not to have posted the chart)

I know its confusing for the label "As of December 22,2010" it should be as of "December 22, 2010 to date". The lower part of the stat is the cumulative of buyers and sellers. Hopefully the next release will fix this labeling confusionBig Grin

In any case, I just simply want to understand the psychology of these transactions. As one poster said, Does Macq know something we dont?

Looking at the last 2 transactions,

MACQ BUYS 7,000,000 shares @ 2.858 ave on Jul 20.
next day, Jul 21, they SOLD 2,000,000 at a LOSS @ 2.5.

1) Is this some kind of intentional manipulation of price?
2) of course, they still have overall gains since they had about 80-90 Million shares bought lower than that.
3) maybe im just looking too much into it, perhaps someone needed money at that day to buy other positions.

Well, It could be different clients of MACQ. Actually the purpose of stats is to get the idea of who's buying or selling based on the volume and the average price and it may or may not classify whether the big boys or institutions are accumulating based on a per day buying and selling transactions.

Still overall, MACQ has around 80 million shares left, bought at ave of 2.423 (if based on "as of December 2010" charts.

1) What do you think they'll do next? Buy MORE or start selling slowly? with a current price of 2.84 thats around 40 cents profit per share. At 80M shares thats already P 32,000,000 pesos profit since they acquired shares on Dec 22, 2010.

2) Of course, they cant just dunp all shares at once since the price will drop like a rock. So what is the usual strategy for this?

3) Is this all some strategy? Is this what you guys call "Jockeying"?
If it is, who could be behind it? I hear names like CHUCKY and JAP all the time (and already researched who they are). Is there anyone else infamous for doing this?

sorry no comment for 1), 2), & 3) Smile

4) If not a strategy, then maybe its possible they do know something? like an upcoming merger, project or something? whats in the grapevine? Smile

That is exactly the idea of the top buyers/sellers stats...why they are buying or selling?

5) Last and most difficult question to answer, and i understand the risks of heeding any answers to this question but ill ask it anyway...

Do you think this stock is still a Buy at this price point?

YES. For me technically it is bullish and as per the top buyers stats. I don't think MACQ's client/s is an individual investor or trader, and this may be the result of their research team to accumulate at this price level. Again this is only me...your timeframe to hold or invest could be different from mine

Thanks for listening to this ramblings... i might just be putting too much into some numbers in a table... Smile

np boss Smile

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#24

@ Rider168

Thanks for your response...

I was just marveling at this simple chart you made where one can try to psychoanalyze a particular broker's buying patterns..

Of course bottomline one can still only guess what their actual plan is, but at least this helps to add some insight...

Bought some GERI today and keeping fingers crossed..

Its really hard to say if it will continue going down tomorrow or climb back up.. what do you think? Smile

+1 Rep Smile
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#25
thanks kyleryner Smile good strategy...buying on weakness

[Image: geri07222011a.png]

[Image: geri07222011b.png]

Angping's net buying: 17,937,000 @2.3867
[Image: geri07222011c.png]

look who's buying and selling...Big Grin
[Image: geri07222011d.png]

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#26
Tongue
[Image: geri07262011b.png]
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#27
bitter ako dito, di niya ko pinasakay non sa 2.07 e... Dodgy
~In all your ways, acknowledge God.

Initializing Bazura Mode...
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#28
csuisse welcome to the group! si macq di na tumutulong a...
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#29
one day it lets my port down, today GERI saved my port! haha
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#30
Simula na ng bagong kabanata. WATCH THIS!
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