查看完整版本: 十大不良窩輪發行商點評

十大不良窩輪發行商點評

[color=Blue][b][size=4]眾所周知, 投資窩輪是一項極為高風險的玩意, 表面上發行商有責任為著自己所發行的產品價格作出適當的調整及對沖, 從而賺取合理的溢價。 但實際上有部份發行商在賺取溢價的同時, 會經常使用一些令人懊惱的手法去賺取更高的利潤, 例如慣性拉闊買賣差價(要投資者以高溢價買入低溢價沽出), 在正股股價明顯受壓的時候索性抽走買盤令投資者根本無法沽貨, 疏於"維持秩序"令窩輪價格經常處於不合理水平, 喜於增發窩輪令其價格因街貨量大增的緣故而出現不貼價的現象, 以及在窩輪正式行使前的幾個交易日嚴重干擾正股的收市平均價格等等, 恕難一一盡錄。

有見及此, 敬請各位網友在積極投票選出"十大不良窩輪發行商"之的同時, 踴躍發表自己在買賣窩輪時所遇到的不愉快經歷, 好讓各位網友在到期日, 溢價, 槓桿, 引伸波幅及街貨量之間選擇窩輪的時候, 多一項客觀因素可供參考。[/size][/b][/color]

i really lack of experience in this regard, also wish to know .... :D:D:D

荷銀都唔係太差啫

[quote]原帖由 [i]cyberken[/i] 於 2007-8-9 21:49 發表
荷銀都唔係太差啫 [/quote]
ALL are bad in one way or another. They all make a lot of money at the expense of the small players.:o:P:butwiggle::afraid:

[quote]Originally posted by [i]cyberken[/i] at 2007-8-9 21:49
荷銀都唔係太差啫 [/quote]


I bought ICBC call warrant(3451) at $0.80 with high volume.  After bought it, share drop by 10% same day I bought.  Next day, almost no volume at all, almost all inside traded.  Then I tried to sell at 0.70, and bid at 0.60, next day, only one bid at 0.50, no ask.  Then I also ask at o.50 to match, then they pulled out the bid, and drop to 0.40, I sold it at 0.40 finally.  
I lost 50% in 3 days.  Then a week after, I checked this warrant again, already dropped to $0.04, no volume till expiry.

[quote]原帖由 [i]3a4b5c6c[/i] 於 2007-8-9 22:01 發表
I bought ICBC call warrant(3451) at $0.80 with high volume.  After bought it, share drop by 10% same day I bought.  Next day, almost no volume at all, almost all inside traded.  Then I tried  ... [/quote]
That's how most people lose money and only the issuers WIN!:'(:jaw::hamsup::P:dizzy:

[quote]原帖由 [i]3a4b5c6c[/i] 於 2007-8-9 22:01 發表



I bought ICBC call warrant(3451) at $0.80 with high volume.  After bought it, share drop by 10% same day I bought.  Next day, almost no volume at all, almost all inside traded.  Then I tried  ... [/quote]

If you check the HKEX website, u can call the liquidity provider for that paricular warrant.  The issurer needs to post ask/bid trades in order to provide liquidity.

[quote]Originally posted by [i]leoxi[/i] at 2007-8-9 23:05


If you check the HKEX website, u can call the liquidity provider for that paricular warrant.  The issurer needs to post ask/bid trades in order to provide liquidity. [/quote]


After that lesson, I learnt smart, and not fall to this kind of trap anymore:)
Every new stuff need to pay school fee to learn, right:reading:

[quote]Originally posted by [i]peninsula[/i] at 2007-8-9 22:04

That's how most people lose money and only the issuers WIN!:'(:jaw::hamsup::P:dizzy: [/quote]


Yes, absolutely, issuers made most money from small investors:'(

HSBC is also very bad in this area.  Bid/ask of 9021 (call of A50) can show.

[quote]Originally posted by [i]Sharp902[/i] at 2007-8-9 23:41
HSBC is also very bad in this area.  Bid/ask of 9021 (call of A50) can show. [/quote]


Yes, HSBC is a very bad one in warrant
I bought 7866 before earning report at 0.11 and sold at 0.13 in the morning after earning report a day before.  Then dropped to 0.034 today even #5 hit to 145 this morning.  If I hold 7866 till today, then I can use it as wallpaper now

actually all of them are.

[quote]原帖由 [i]3a4b5c6c[/i] 於 2007-8-10 00:05 發表



Yes, HSBC is a very bad one in warrant
I bought 7866 before earning report at 0.11 and sold at 0.13 in the morning after earning report a day before.  Then dropped to 0.034 today even #5 hit ... [/quote]

I bought that 7866 too, @ 0.109, after the announancement, I am only able to sell at 0.116...........

Just realize that the writer of 7866 is actually Macquarie

[quote]Originally posted by [i]Sharp902[/i] at 2007-8-10 09:58


I bought that 7866 too, @ 0.109, after the announancement, I am only able to sell at 0.116........... [/quote]


Not bad at all, at least we got time to get off the train, still made some profits instead of losing :lol

Thank you!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[quote]Originally posted by [i]iwche[/i] at 2007-8-10 09:06
actually all of them are. [/quote]


100% agreed with you, all of them are suckers:fire:

I am new to this field. However, I never try call/put warrant. It is because I already knew the call/put writer can issue more in order to affect the price and it is originally not a fair game.

However, I wonder, in school, I learnt call/put is a good thing for hedge. If the buyer of call/put is really using it for hedge and exercise the contract finally, it is not a big deal. When fall, I can still exercise the put, buy the stock in market at low price, sell them to writer at higher price and earn. When rise, I can exercise the call, buy the lower price stock from writer, sell them at the market at higher price and earn.

If play it in this way, then, it becomes fair. right? Is that there is still trap in the process?

[[i] 本帖最後由 hhl 於 2007-8-12 03:26 編輯 [/i]]

現在買只會買瑞銀的:verygood:

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Thx for sharing!!!
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麥格理:victory:

都係差野:o :soldier: :(

麥格理......

最差一定係海通

海通 for sure