Posts filed under ‘Phisix's Closet (PSEi)’
Earlier in my SMP FB Page post…
For the veterans u know the drill: We got a new baby. New investors cautious play po. cautious = tba (no date yet)
8:51 SCC (374.20) Subject of the Disclosure
Declaratin of Stock Dividends.
Background/Description of the Disclosure
We advise that at today’s meeting of the Board of Directors of Semirara Mining Corporation (the “Corporation” or “SCC”), the Board approved, subject to stockholders’ approval, the declaration of stock dividends amounting to ₱712,500,000, divided into 712,500,000 shares at the par value of ₱1.00 per share, or two (2) common shares for every one common share held, from the unrestricted retained earnings of the Corporation as of December 31, 2013, and to be issued from the increase in the authorized capital stock of the Corporation. No fractional shares shall be issued and the value of any fractional shares shall be paid to the stockholders in cash at the closing price of the Corporation’s shares as of the record date. The delegation to the President of the power to determine the record date and payment date for the stock dividends.
SEMIRARA MINING CORPORATION (“SCC”)
STOCK – 200%
RECORD DATE – TO BE ANNOUNCED
SCC Daily. Parabolic Daily and Weekly is about to enter. Thus a spike today may trigger a parabolic high risk. meaning it is in a status of extreme volatility. A metal as it can go higher in a zest and next thing you know, their genre of music shifted to pop.
SCC’s declaration of 200% stock dividend (to be announced) could trigger an impulsive buying. But as we have experienced, a tba announcement is good only for a short time of madness. Later it well mellow down only to be the subject of greater impulsive buying once dates are known. Play it well.
Despite heavy selling from their brokerage house, mbt have managed well and have tested to break both price consolidation (possible handle) and its rsi wall.
Using the 20% rule coupled with bullish divergence.
From the high, 11.46 x 0.80 = 9.17 (+- a few fluct), a bounce is possible.
use rsi level 45 (in red line) as target for bounce (if indeed it will)
Parabolic activity. RSI Weekly nears 70. Gap at $2.70s but PHR will be a threat.
Parabolic High Risk if RSI Daily > RSI Weekly in parabolic status.
previously on our Feb 18 post we hinted a W formation. http://spyfrat.wordpress.com/2014/02/18/reference-chart-cpg-11/
We now add an initial target for CPG at 1.65 – 1.68. we also added some after the facts but nevertheless a nice reference for spotting divergences and its faces. the horizontal line in pink (yes i lab pink)
NOTE: I dont need your crap so spare me the bash. If you cant take what i post, just ignore. simple as that. Do u think an ordinary small investor but awesomely cutetie pie dude like me can influence the market and spread fear? Cmon, go grow some hair. nuf said.
Previous charts and updates can be found here but sharing of thoughts can be found at stockmarketpilipinas.com fb page.