[freeier]

*choke*cough*

errr, i voted 13000, but its suppose to slowly drip towards that target.. not suppose to be crashing down this way!

[freeier]

well, i remembered alot of people saying they want to lock up hsbc at 110 or below. this is the chance ? nobody buying ?

[KnowItAll]

One of our members has contacted me with the proposition to end all this nonsense and award the person who predicts the HSI value on the last day of February 2009 a cash prize.

[freeier]

huh ? i thought this is just a discussion page on how the market will go. since when has this any self gratification purpose ?

[PDLM]

I've got as much HSBC as I can justify, and since it's hardly moving when all around are plummeting it's becoming an ever bigger part of my portfolio. I got a nice little dividend from them the other day as well.

But I'd still strongly recommend it as a buy at at $110 to anyone who has spare cash.

[freeier]

kind of agree. for the long term investors.
but that said, i don't see any reason why it will not suffer some collateral damages when margin calls kick in. the best performing stocks are usually sell down as a laggard when people need to meet their losses.

i think scb wld be a good bank to look at as well... hmmm

[jaykay]

I'll be back in with HSBC today, shares are at 110.2 and slowly dropping so armed and ready. Interesting that my target buy prices on others which were considered extremely low a few weeks back have been exceeded today by some margin. So interesting times.

[KnowItAll]

i thought this is just a discussion page on how the market will go. since when has this any self gratification purpose

Was not aimed at you. The offer came from someone who enjoys watching the pundits in action on here.

[Crocodile]

Originally Posted by jaykay

I'll be back in with HSBC today, shares are at 110.2 and slowly dropping so armed and ready. Interesting that my target buy prices on others which were considered extremely low a few weeks back have been exceeded today by some margin. So interesting times.

No company is immune to the market pressures. I would not be buying any stock unless you can stomach seeing it go down further. I would not be surprised to see HSBC at $90 in the next month. Not saying it will happen, but it wouldn't surprise me.

You won't lose any money sitting back and see what happens over the coming weeks/months. Buying today could lose you 10% tomorrow. Don't try to pick the bottom, wait until the dust has settled.

... anyway, that is my 2cents worth

[tvrlover]

Looks like I was right so far 14,751.25