Ah_Meng
Ah_Meng
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avatarAh_Meng
17 minutes ago
$ProShares Ultra Silver(AGQ)$   i am getting my $79 soon, am I? If so, as mentioned last week, $100 would be my inverted head and shoulders pattern target... just sharing... can't add quick enough... slow and steady wins the race 
avatarAh_Meng
12:03
$ECHOIQ LTD(EIQ.AU)$ It's any time now... EIQ corrected together with the rest... but I am willing to wait. As I had shared a couple of times weeks ago, a FDA announcement is imminent. Even the correction was there, it was not as bad as the rest of the market. People holding it probably are all waiting... The question is who sold? I have no clue to be honest. Borrowers? Weak hands? Speculators? Definitely they are everywhere, especially EIQ share price has been on the year this year... obviously it felt good taking profits off the table rather than holding on to losses when the announcement didn't turn out as expected. Any time now, the risk of both upside and down are there... I have low enough base to be glad. For those who are not yet on the
avatarAh_Meng
11:53
$INFQ 20260821 10.0 CALL$ I can't be sure, so I am playing both sides. While I benefited from the recent rallies, I am cautious to be caught in a head fake-like breakout. The US indices bounced back rapidly these 2 days with the start-stop US-Iran war. I could never tell what would happen in the coming days, not to mention weeks... Furthermore, US Fed has "forcefully" kept the rate on hold... again. It's not a relief, however the rallies feel like one... obviously, great results and forecast with the like of $Palantir Technologies Inc.(PLTR)$  helps... the problem is that many more outstanding result announcements are deem not good enough with heightened expectations among t
avatarAh_Meng
08-04 17:09
It might be a bullish event but in two days, with the release of a lot more shares (more than existing free float), the flooding of market with more shares is itself a bearish event. Thus, I am neutral for tonight's result release. If the premium is low enough, I am still hoping to buy put option on it...  wait and see... I have never got the guess correct for these events, so don't trust my judgement [Tongue] [Facepalm] [Silence] [Chuckle] Then again, being first to vote and comment, will add that a lot more shares are waiting on the sidelines for release into the market. I would think as a middle term, this is negative for the company shares. The flooding of market with a lot more shares would outweigh positive events from the company. Keep eyes 👀 open and be aware what you are buyi
avatarAh_Meng
08-02
$ProShares Ultra Silver(AGQ)$  It is a risky trade, but I have started anyway... as I had shared a week or so, I have moved back into AGQ. I took some profits earlier when it was flying. I admit that I should probably move totally to cash on hindsight. But hindsight trading is always easy...  I didn't move to cash because I was not comfortable with USD, simply that. I had shared many times years ago that I see dedollarisation accelerating with the second coming of Trump, and I am still standing by it. USD and USD based debts are no longer safe... Gold and silver are now my preferred currencies. Although the risk of the raise in interest rates are real with the heightened inflation led by the rising oil price, the
avatarAh_Meng
07-27
$SOXS2 20260821 5.0 CALL$ Does this carry the mood? Just when we thought the risk on mode is coming back with the temporary US-Iranian ceasefire, with oil prices correcting nicely... one hour, just one hour into US trading hours, all the good vibes come running off... reality strikes with US Fed meeting this week.  The US Fed is no longer what it used to be. It appears that the bond market is in control rather than the interest setting Fed. The bond holders are telling the new Fed chair 🪑 that he is but indeed a piece of furniture if he doesn't follow them. Damn if he doesn't follow, condemn if he does! Either way, it appears as a lose-lose situation for him. This $Direxion Dail
avatarAh_Meng
07-26
$ProShares Ultra Silver(AGQ)$  I have been adding lately... yes, it might no longer be the easy fruit 🍋‍🟩 to pick but I still believe in inflation protection instruments such as gold and silver. Property and land are others... this is a long term play. The ongoing market correction, oil price hikes are stroking fears in the market. Inflation triggered possible interest rates increase is getting ever possible. The new US Federal Reserve Chairman is not helping the situation with no guidance. Frankly speaking, rather than setting the direction for rates, the new chair 🪑 feels more like, a chair 🪑! It appears that he is simply another vote among the 12 voting members. So, there's also nothing much he could say, since he
avatarAh_Meng
07-26
$SOXS2 20260821 5.0 CALL$ It's supposed to be better prior to its principal consolidation... if there's no shares consolidation, $5.1 now could easily be $6! As this call options follow its principal, it is probably difficult for a big payout at the end of the day. I can't play with this anymore after its principal consolidation. Need to hunt for my next game...
avatarAh_Meng
07-19
$Silvercorp Metals Inc(SVM)$ Sharing for coins... just added more options... the fighting is still ongoing in Iran... I don't know how stock market will continue to move... but I know a significant change is coming after tomorrow... World Cup ends after the Argentina 🇦🇷- Spain 🇪🇸 finals!!! [Tongue]  [Silence]  [Chuckle]  [Evil]  I will get back my sleep 🛌 and back observing the market... [Cool]  I guess it's not being a good June or even July so far... as mentioned earlier, $SpaceX(SPCX)$  listing might be the trigger for the big boys to throw... it's the accumulation of excesses after all... but I am sure gold, silver and other precious metals will come back when inflati
avatarAh_Meng
07-17
Keep up the good work… keep observing, keep writing…
avatarAh_Meng
07-17
Pretty strong and logical article from a newbie! Good on you! [Strong]
avatarAh_Meng
07-16
$Elixir Energy Ltd(EXR.AU)$ Just revisited this oil and gas company. The share price corrected 18% yesterday after the company made an announcement of its testing result. If I had not known better, I would have thought the test results must be bad to trigger this drop. I had digged out the announcement and noted that unexpected gas surge during the test resulted in instability in the test. As a result, the company planned to use different tubing string to contain this unexpected surge in gas flow. To do that, they need to shut in the well to prepare for the new test, resulting in a week's delay. Market hates uncertainty, resulting in the big correction yesterday, continuing into today. The correction appears strange, at least for me. Unexpected
avatarAh_Meng
07-16
They made all these money simply by being cheerleaders for big listers like $SpaceX(SPCX)$. The retailers hold the risk while they laugh all the way no matter what happens
@L.Lim:It seems a little scary that the banks keep making new highs, is there really so much good business to be done? Or is this pricing in the expectations that US Feds will be upping the interest rates? And that it will be good for the banks?
avatarAh_Meng
07-13
I don’t think there’s much shares out there for any proper shorts to take place. The free float is less than 6%! Unless of course Elon Musk is lending to the shorts or he’s shorting himself?! [Facepalm][Tongue] Seriously, I just don’t understand if a stock price is down, people just assume it’s due to shorts? There’s barely enough to borrow, why bother to short it? The only shorts out there is simply the puts options, which is normal trading activity. Where there’s calls, there’s puts… for efficient market flows. That’s the aim of Nasdaq to include $SpaceX(SPCX)$ in its index! It is a coordinated money generating exercise for the banks and Nasdaq for this limited float manipulative stock. I have nothing against the company or Elon Musk. It’s a gre
@LaptopLiz:$SpaceX(SPCX)$  It's a shame that some short sellers seem too focused on their dislike of Elon Musk—likely influenced by negative media coverage—to properly consider the long-term outlook.
avatarAh_Meng
07-12
This is again a stock not suitable for everyone. It is not a typical safe bet healthcare blue chip as mentioned to serve as protection against recession triggered meltdown. However it adds a little flavour to the taste… a kind of “have your cake and eat it” type - a growth within the healthcare sector… another possibility for a 10-bagger or even 100-bagger! A slice of cake, anyone? [Tongue][Yummy]
@Ah_Meng:$ECHOIQ LTD(EIQ.AU)$ As per the text... At least this is my little hope... Not going to add to what I have already mentioned in the past two weeks on this company. The common theme in today's sharing is simply one message: insurance. This company might not look like it. It is not a gold or precious metals biz, it is also not a bond like investment. Property or farmland then? Nah... Not even a crypto related biz. However in times of correction, it is companies like this that would likely continue to hold up well. Maybe prosper... There might be initial correction when traders throw anything profitable to cover their losses. But, strong companies would hold on their own. Yes, this is not even a blue chip. I won't misled, but with the progression
avatarAh_Meng
07-12
$ECHOIQ LTD(EIQ.AU)$ As per the text... At least this is my little hope... Not going to add to what I have already mentioned in the past two weeks on this company. The common theme in today's sharing is simply one message: insurance. This company might not look like it. It is not a gold or precious metals biz, it is also not a bond like investment. Property or farmland then? Nah... Not even a crypto related biz. However in times of correction, it is companies like this that would likely continue to hold up well. Maybe prosper... There might be initial correction when traders throw anything profitable to cover their losses. But, strong companies would hold on their own. Yes, this is not even a blue chip. I won't misled, but with the progression
avatarAh_Meng
07-12
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Not for the faint hearted. For me, it's one of the necessary steps to take in the times of uncertainty.  Many say this correction is just what it is, a correction. Perhaps so... But I can't be sure. That's the reason for this little insurance. I am slowly increasing this insurance, just gradually because if I do it too rapidly, when the bull resumes itself, the loss would also amplified. It's all about finding the right balance. So, I will always wait for this ETF to correct to a certain level before I add again. The current bull market has been around for a long stretch. The US indices have broken ATH time and again. The magnificent 7 led rally has given way to AI rally, extending in
avatarAh_Meng
07-12
There's only 6% in public trading anyway... it's a manipulative stock to begin with... whoever who listed or agreed for this structure for listing was already in the cahoots for squeeze-like manipulation play. Retail traders who joined the "party" are the ones who would take all the risk for this little game. Nasdaq knows it, so do all the big banks that encourage these trades, just because it's good and easy profits for them. Obviously Elon is happy... he is after all the mastermind in all these little games. I must admit that he's good. He knows how to play his cards... he learnt the tricks during his Tesla's journey. I won't short this. I don't think the learned will. Not because it is a good or strong company, just because there's not enough shares out there for anyone to effectively p
@SherlockFanatic:$SpaceX(SPCX)$  Looks like a pretty intense short squeeze could be coming. The bears might not be able to handle the pressure.
avatarAh_Meng
07-05
From my experience, productivity will indeed increase but whether in future it would skyrocket is still unknown. Certain repetitive administrative tasks would be taken care of in the background. It also appears that AI has some level of creativity, which would be useful to improve certain non-routine discretionary tasks (but with human oversight). Beyond that, AI is still limited to human inputs. I won’t trust AI (yet) to perform tasks that are subjective. In conclusion, yes, AI will improve productivity, however it still depends on how much a company needs to pay and if that cost will really be translated to savings. What I expect to see? A lot of companies cutting jobs related administrative and HR, slowly moving into IT. This is already happening. With future robotics and further auto
@koolgal:🌟🌟🌟 AI is creating a new economic paradox.  AI makes knowledge cheaper but infrastructure more expensive. Your next computer will cost more.  Your company's AI bill will cost more.  Your cloud compute will cost more. But your productivity will skyrocket.  Your digital output will multiply. AI is both inflationary and deflationary, depending on which side you are considering. @Tiger_comments @TigerStars @Tiger_SG
avatarAh_Meng
07-04
$Silvercorp Metals Inc(SVM)$ Had wanted to share $ECHOIQ LTD(EIQ.AU)$  again, as it appears to be the gift 🎁 that keeps giving in this volatile time. However, the recovery of silver price along with Dow Jones seems to be catch of Thursday. Silver, as we already know, had a horrible June. Sell in May and go away seems to be the most appropriate action in a World Cup year! I did sell some before silver's last peak, but had kept the main bulk.  Silvercorp, the miner i had shared previously in a separate article, had corrected a lot more than the drop in silver price in the past few days. As shared previously, Silvercorp has much outperforming $ProSha

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