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Ah_Meng

    • Ah_MengAh_Meng
      ·09-14 20:29
      $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  it's never enough... at least not yet... I am topping up slowly, perhaps a little too slow to my liking. However, I am also keenly aware that buying into a leveraged short bet, only sufficient buffer would do the job. Something just can't be rushed. This is not the first time I have advocated getting insurance for this time period. There are a couple of things going on, all interconnected. The commonality? Trump-led US mess. Many people sing his praises... for various reasons. I do too, although a little out of tune, for the chaos he created for the world. No, there is no anger in my voice, just incredulously dumbfounded... War with Iran, tariffs for "friends of
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    • Ah_MengAh_Meng
      ·09-13 22:56
      This is likely to be one of my last post for EIQ for some time to come. Biotech investment is always risky. We never know till the very end how our investment would turn out. It is a risk we have to accept before we start. Nevertheless, it has always been a fulfilling experience. There’s always so much to learn along the way. With the looming patent cliffs for bio pharmaceuticals, many big pharmaceutical manufacturers are racing against time searching for the next big hits. These are companies with money 💴 to spend, so I will stay on in this space in search of the next winners. This doesn’t mean I have given up on EIQ. It just means that I have parked this aside as I don’t expect much activity for the next 6-12 months. In investing, especially with US market facing possible meltdown in t
      @Ah_Meng：
      $ECHOIQ LTD(EIQ.AU)$ It has been 5-6 days since the announcement by EIQ that FDA didn’t approve its application. EchoSolv HF is off for now. 501(k) is supposed to be an easier and faster way to bring EchoSolv HF into the market. However, FDA has apparently cut that path off with the way the objection was raised. Obviously EIQ can still put EchoSolv HF to the market by using a different path (De Novo) for FDA approval. It’s not a preferred way since it would require a lot more time and effort. At least another 12-18 months would probably be required. Given this new unexpected uncertainty, the big crash in its stock price was expected. This is a genuinely difficult situation, and the honest answer is that there is no "safe" price in the traditiona
      $ECHOIQ LTD(EIQ.AU)$ It has been 5-6 days since the announcement by EIQ that FDA didn’t approve its application. EchoSolv HF is off for now. 501(k) is supposed to be an easier and faster way to bring EchoSolv HF into the market. However, FDA has apparently cut that path off with the way the objection was raised. Obviously EIQ can still put EchoSolv HF to the market by using a different path (De Novo) for FDA approval. It’s not a preferred way since it would require a lot more time and effort. At least another 12-18 months would probably be required. Given this new unexpected uncertainty, the big crash in its stock price was expected. This is a genuinely difficult situation, and the honest answer is that there is no "safe" price in the traditiona
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    • Ah_MengAh_Meng
      ·09-13 22:00
      $Silvercorp Metals Inc(SVM)$ It has not been a good week for precious metals group related investments. It has been a strange one though. One that I had struggled to hold above water with my current positioning of neutrality. I guess I have weighed too heavily towards precious metals and critical metals. $Silvercorp Metals Inc(SVM)$ is still going strong despite the week's mayhem. With the active war between US and Iran, oil prices have been rising, raising the prospect of global inflationary pressure. EU has just raised its interest rate. Japan, Australia and probably US are all expected to raise their interest rates to combat inflation. Strangely, technology companies' share
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    • Ah_MengAh_Meng
      ·09-13 21:30
      $ECHOIQ LTD(EIQ.AU)$ It has been 5-6 days since the announcement by EIQ that FDA didn’t approve its application. EchoSolv HF is off for now. 501(k) is supposed to be an easier and faster way to bring EchoSolv HF into the market. However, FDA has apparently cut that path off with the way the objection was raised. Obviously EIQ can still put EchoSolv HF to the market by using a different path (De Novo) for FDA approval. It’s not a preferred way since it would require a lot more time and effort. At least another 12-18 months would probably be required. Given this new unexpected uncertainty, the big crash in its stock price was expected. This is a genuinely difficult situation, and the honest answer is that there is no "safe" price in the traditiona
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    • Ah_MengAh_Meng
      ·09-08
      Replying to @Shernice軒嬣 2000:Errr… who repost 🦞?! [Smug][Glance][Surprised][Doubt][Gosh][OMG]//@Shernice軒嬣 2000: @InverseCramer why your  lobster post is every where?
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    • Ah_MengAh_Meng
      ·09-08
      Replying to @Shernice軒嬣 2000:I thought so too? Finally a food that is thought-provoking? 🤔 [Tongue]//@Shernice軒嬣 2000: @InverseCramer why your  lobster post is every where?
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    • Ah_MengAh_Meng
      ·09-07
      Deluded...

      Trump: I Made Hundreds of Billions Through Stocks and Other Investments — for America, Not for Myself

      I do this for our Country, not myself. I’ve made Hundreds of Billions of Dollars on Stocks, and many other type Holdings, for the U.S.A., not myself, and all I do is get criticized by the Radical Left Dumocrats. Very unfair, but what can you do! President DONALD J. TRUMP
      Trump: I Made Hundreds of Billions Through Stocks and Other Investments — for America, Not for Myself
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    • Ah_MengAh_Meng
      ·09-05
      $ECHOIQ LTD(EIQ.AU)$ This is another company that really test our patience. From the charts, it is becoming apparent that patience amongst the investing/speculatively crowd is wearing out. Those in the know or who has followed my previous posts would know that the company has been waiting for a FDA approval. Many deals have been signed pending this approval, so the FDA approval becomes increasingly weighted. The failure to get approval could spelt a large correction in the company shares price. Originally, the approval was gradually priced-in. However, with the recent reversal of price, approval triggered upside potential has also become a lot more mouthwatering, if there's a better word. From chart perspective, EIQ is showing lots of weak
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    • Ah_MengAh_Meng
      ·09-05
      $AML3D LTD(AL3.AU)$ It has been a while I last shared this company. No... I have not sold a single share... And yes, I have been holding on all the way down... Furthermore, I have been actively adding to my position. Sometimes, we do need drawdown control. However, it is still dependent on individual stocks and individual's objective and outlook for the company of interest. AML3D is a company that I had absolute fate on early in its run. I have been raising my position slowly, resulting in a much higher capital base. For the first time since my initial investment, the price had actually gone below my cost! I have added once or twice since. It's not irrational decision, nor is it for the purpose of averaging down. The corporate front was pretty
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    • Ah_MengAh_Meng
      ·08-31
      So rather than buying US Treasuries, and those same JPN investors have begun aggressively selling off US debt to bring their cash home. This is the main reason why US had joined Japan government in JPY intervention to support JPY. The cheaper JPY vs USD, the less sense for Japanese to buy new US Treasury. It also makes a lot of sense to sell USD based Treasury as they will end up with a lot more JPY. So, US Treasury is scared! Dead scare... The house of cards might just come tumbling down... It is strange times... while long term Treasury is now considered risky, US equity is still attractive to a certain extent... until it doesn't... remember that the bond market is so much larger compared to equity market. If bond sneezed 🤧, equity crashes...

      If Every Country Is in Debt, Who Does the World Owe the Money To?

      @Shernice軒嬣 2000：
      Let me ask you a question. If every country in the world is in debt — the US, Japan, Europe, and even Singapore — who exactly is this money owed to?Have you ever thought that this question might actually have no clean answer?Because if every country is a debtor, logic says someone must be the creditor. But when you dig into the data, ask around, and flip through the reports, you discover something very strange: almost no country dares to openly admit that it is holding the world’s money. Every country is crying poor. Every country is borrowing. Yet the money that is being lent out still has to land somewhere on someone’s books.Last year the Institute of International Finance put out a figure: total global debt hit US$348 trillion. What does that number mean? If you take all 8.1 billion peo
      If Every Country Is in Debt, Who Does the World Owe the Money To?
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