Mermaid Maritime Plc

[crabcrab]

http://infopub.sgx.com/FileOpen/Mermaid_...eID=265990

[crabcrab]

Interesting article...

http://cimbresearchsgx.blogspot.sg/2013/...storm.html

[crabcrab]

Mermaid ($0.41) - Potentially breaking out any time soon. Subsea business robust...

[crabcrab]

Mermaid ($0.415) - It is worth waiting. Finally, a very crucial week for the impending moment for Mermaid. A make it or break it chart pattern has formed which will excite many institutional and retail traders to re-enter this company if the breakout beyond $0.425 really materialised. Supporting by the buy call from CIMB, FY2013 full year results, buoyant macro environment of the subsea industry, excellent price performance of related subsea listed company such as Ezra and Kreuz, billions of secured contracts on hand, new and strong backout of Thoreson and newly formed management backed by large shareholders + strong cash holdings due to rights issue. Once cleared, a new 3 year high is possible...(Caveat emptor, crabcrab vested).

See attachment

[crabcrab]

Mermaid ($0.435) - first level breakout today, hopefully we will see the 2nd level breakout by this week at $0.445 for a sustainable long term uptrend.. Caveat emptor

[money]

Mermaid ($0.435) - first level breakout today, hopefully we will see the 2nd level breakout by this week at $0.445 for a sustainable long term uptrend.. Caveat emptor

Sounds so interesting and plausible but i am uncertain if first level breakout, resistance level, etc play a serious role in an investor's returns.

[crabcrab]

Just some sharing in this forum, frankly I do not know the answers too... ?

[crabcrab]

Mermaid ($0.45) - A beautiful breakout....

[crabcrab]

Mermaid ($0.475) - Still gaining momentum. In the days to come, key psychological resistance of $0.50 may be broken, supporting with excellent macro environment and strong financial backing... (Caveat Emptor).

[crabcrab]

Mermaid ($0.495) - Since the start of the posting of Mermaid Maritime in this thread which is then $0.32, mermaid had climbed a whopping of +52% at the closing of the market of 2013. Congrats to those who have vested..