Australian (ASX) Stock Market Forum

Outstanding Dead Cat Bounce Alerts!

Re: OUTSTANDING DEAD CAT BOUNCE alerts

Got in on CNP at 0.90 today and sold at 1.32... very happy!

Anyone else have dead cats to report? This could become a dangerous addiction... :D
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

Got in on CNP at 0.90 today and sold at 1.32... very happy!

Anyone else have dead cats to report? This could become a dangerous addiction... :D

You could very quickly lose your addiction trading in a stock like that, when they go into a trading halt :D

If you have the capital and the appetite for a lot of risk, could make some good money off these.
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

Just got into MFS at $1.22. Surely a dead cat bounce coming up here - many people would have got margin calls on this, looks oversold to me - 10% fully franked dividends - c'mon!
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

Oops, might not be working so well - back to $1.05.

You would have thought I would learn after Bradken!
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

$%*$&$*&#$)*&

I'm out at 0.97. $500 loss in 2 hours... really starting to hate the market right now :banghead:
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

just went under 1.000
I was gonna buy below that... but its diving now
(If one can dive from a sky dive.)
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

Maybe thats where the phrase "Dead Cat" comes from? cause this cat has been killed a couple of times already, and it just keeps re-dying.... wonder at what price it will lose its 9th life? 0.82 as we speak
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

wait for the friday dip... last 1 minutes...
then Im gonna just throw $1000 at it... just for fun... see what happens.
It'll be my $1000 loose play for this year...
0.77 now
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

Sounds like a plan... just hit 0.74... really feel for this who bought in at $6+
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

JC, just checking you realise what a dead cat bounce is..

You seem to be assuming just because the stock is doing badly it will 'bounce'.
That's not a dead cat bounce, a dead cat bounce is when there is a big crash and just as a dead cat would do if you threw it off a tall building it would hit the bottom, bounce, but would still be dead.

You did well to make 50% on CNP's bounce, but as the analogy suggests.. it's dead now. Making any trades after that equivalent to putting it all on black imo, possibly even more risky.

If you already understand what a dead cat bounce is don't mind me :) just making sure nobody invests in a dead cat long after it fell off the building, splat all over the pavement and got scooped up and thrown in the trash, assuming it will soon 'bounce'
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

Thanks Struz, yes i do realise that if a company plummets that there is a good chance it will stay there... I just get a bit caught up in the moment is all ;)
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

I reckon there's a chance the XAO may dead cat from around here. Or, the cat might be unconscious and then wake up and start to wobble sideways for a year or so...
 

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Re: OUTSTANDING DEAD CAT BOUNCE alerts

I reckon there's a chance the XAO may dead cat from around here. Or, the cat might be unconscious and then wake up and start to wobble sideways for a year or so...

I reckon there is a good chance too, just make sure you get out on the high.
Remember at the end of next week we have a 3 day break are you game to hold if this bounces to hold.
Two nights of the DOW will pass and you wake up Tuesday and it really is a dead cat.
 

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Re: OUTSTANDING DEAD CAT BOUNCE alerts

I reckon there is a good chance too, just make sure you get out on the high.
Remember at the end of next week we have a 3 day break are you game to hold if this bounces to hold.
Two nights of the DOW will pass and you wake up Tuesday and it really is a dead cat.
Interesting, I forgot about Australia Day. Must do something special here in Quito with some fellow Aussies. Maybe a BBQ and beer somewhere and sing Watzing Matilda..... Cheers. :)

I appreciate what you say about the gap and days the DOW might tumble, but what if it's the other way around? ;)
 
Re: OUTSTANDING DEAD CAT BOUNCE alerts

I reckon there's a chance the XAO may dead cat from around here. Or, the cat might be unconscious and then wake up and start to wobble sideways for a year or so...
kennas,

Hopefully this isn't our dead cat... :p:
 

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Re: OUTSTANDING DEAD CAT BOUNCE alerts

I appreciate what you say about the gap and days the DOW might tumble, but what if it's the other way around? ;)

Out on Thursday no matter what.
Not game to hold over the weekend.(especially a long one)
There will be plenty of other opportunities regardless.

I could be a out before Thursday and that depends on the direction of the XAO as I definitely did not short it.
 
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