Secura - Peter Lim and Co Selling?

I had been covering Secura since the day it went IPO last week. I also had been warning not to touch this counter because it's Peter Lim's stock with many uncertainties. And true enough, the stock performed accordingly to what I predicted, the prices depressed with declining price. Read all my Secura post below to see how I did my forward prescient prediction.

http://stockmarketmindgames.blogspot.sg/search/label/secura

As of now, the price is trading at 0.198 from the high of 0.255 since IPO. It was scary to see how no buyers were supporting the stock. I am not sure if Peter Lim and Co cashed out but from the chart wise, I know the stock has not yet turned.

Ronald K - Market Psychologist - A Stock Market Opportunist

Secura - Depressing Stock Price

Secura hit a low of 0.21 as per my bearish post last week. The stock is currently in an oversold region where I would not look for any buying opportunities now until the penny season.

http://stockmarketmindgames.blogspot.sg/2016/01/secura-consistently-sellers.html

http://stockmarketmindgames.blogspot.sg/2016/01/secura-sold-down-with-big-sellers.html

To beat the stock, one must know the intentions behind the operator and I will reveal how they play this counter in my workshop tomorrow.



Ronald K - Market Psychologist - A Stock Market Opportunist

Secura - Sold Down with Big Sellers

In the end, as predicted Secura had a number of huge sellers selling down the stock as posted 12.14pm in the noon. from morning 0.24 to closing 0.22, the sellers were punishing the buyers and asking them not to buy now because the timing is not right.

http://stockmarketmindgames.blogspot.sg/2016/01/secura-consistently-sellers.html

On another note, STI was overtly bullish today, closing a day high of 66 points with many underlying stocks running. It's getting exciting now to watch out for some good blue chips.



Ronald K - Market Psychologist - A Stock Market Opportunist

Secura - Consistently Sellers

Consistent sellers in Secura and it's still not the right time to go long. It seemed as though there was no obvious buyers and the amount of sellers floating was still strong. To long this counter, the stock needs to have a reduced amount of sellers before it can perform it's fireworks again. Watching it since it's Peter Lim's small baby.



Ronald K - Market Psychologist - A Stock Market Opportunist

Secura - Pre IPO Investors Cashing Out

It seemed as though the buoyant activity in Secura just died out. In just 11 minutes, the buying died off with some pre ipo investors cashing out probably. It could be because it's Peter Lim's IPO and hence when market opened, there was an influx of investors buying which only realized the frenzy activity pan off. Studying the minute chart, the sellers were strong and hence it's a no show for me at the moment. Moving to the other counters.



Ronald K - Market Psychologist - A Stock Market Opportunist

Secura - Peter Lim's New IPO Debut

Peter Lim's new IPO Secura debut today. I am watching closely for some fine details in the buy/sell Q and how the operators are going to play this stock. Watching it now. It seemed as though the warrants has some sellers cashing out and the mother share just moved 1 pip. The buying tapered so fast. The sellers just kept pilling up.



Ronald K - Market Psychologist - A Stock Market Opportunist