Based on my observation on the buy and sell Q volumes today, the fake Q buying volumes were there particularly below RM1.. interestingly the price never drop below RM1 and there were never ever big sell volume at this level...this is unusual play by sharks/operators... interesting to see what happen tomorrow.

@dalpinia.. probably Mr.Kuan also too much money now and keep buying for the past few days for a sum more than RM12million...Maybe we all can remind him about the fair PE and don't buy now and let it go below RM10 then only buy. Agree?

@drago you seems to mislead others when you said all Glove counters... Mr.Kuan bought total 880k shares between 3th, 4th and 7th Sept at more than RM14 price.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3086834

Bonus share on the way...

still think it is opportunity to buy at the current level...

looks like 2nd chance of the day to buy as it dips before heading to RM15....

Head and shoulder pattern already formed... that the end of it.. now time to form another pattern.. look beyond it...

Be positive guys.. it will rebound tomorrow above RM15. Cheers.

Below RM14 now...I am sure Uncle is buying a lot tomorrow.

who is she? she is young...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3084428

Revenue almost double from last quarter and yoy.. there is profit before tax which is vast improvement since 2017.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3082259

It seems the real investor gives up already at 0.205 for now. The sharks just throw at 0.205 non-stop. He may let the price to drop and collect again.

The trading pattern looks like upper limit today .. maybe I am dreaming.. haha

Probably @EscapeRoute is creation of the God to help us... ^-^

@nicholas99 this shark is crazy and maniac. maybe he trapped as well. i don't know.
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your comment is the best!!! haha..

Seldom see so much high volume of sell Q of 20-40M shares for different prices. Who are they?
Can't even sell at best asking price..

HSIF88 @SecretOne Huh??? The warrant are issued by IB (in this case CIMB) and they can issue as many as they want. What's wrong with that?

A called warrant is just an option. Does it matter how many being issue?
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I think yes. IB will just dispose off the warrant at lower premium and thus the price will not go up as high as previously. As mentioned by @LaoTzeAhSir, the premium was 16% previously but now around 11-12% only..

while i think xox will rebound at one stage soon based on TA, I already decided to cut loss yesterday cause i cannot sleep and eat well for the past 1 week. Really cannot take the stress and game from the sharks. Will start avoiding those stocks with fake high Q buy volume from now on.

https://www.theedgemarkets.com/article/neither-top-glove-nor-margma-has-been-consulted-about-windfall-tax

Can be Double Top or even Triple Top... still above neckline.

Thank you @Hotstuff for the opinion. Need more experienced traders like you to bring positivity in this forum.

Daniel and Chai really good in ‘goreng’ stock... when the XOX price is above 0.28, they bought some so that ikan bilis will join in with confidence.. then now the price dropped till 0.20 today, still no sight and announcement they are buying yesterday and today... probably they team up with big sharks to fry or stream ikan bilis like me.

@pineapple123 I hope next Monday it will rebound back again strongly. I think the cruel sharks have accumulated 100M-200M of shares today at below 0.24 to play next week.. hope they will push up the price again.

The cruel sharks must had noticed that they had scared many ikan bilis today. Also they might find out only the stubborn ikan bilis remained which keep it and not selling yesterday and today. Their strategy now probably is to push the price little bit up and attract and give some confidence to ikan bilis and come to play next week.

Sharks keep disposing at 0.235 by creating high volume of fake Q at 0.23 - 0.21.. if more ppl Q to buy at these prices, they will remove their Q and start disposing again.. hopefully, no ikan bilis is Q with them, then they just wait for next week.

Fake sell Q volume at 0.23 is horrible.

@sharing01 It seems to me the drop in sell Q is because the smaller sharks and ikan bilis desperately chasing the price down as we can see the high buy Q volume can suddenly be removed. The big sharks seldom create fake sell Q higher than the sell price.

@JokerT_big buy queue is not good. Fake Q by the cruel sharks, they will removed it when they starts disposing. It happened from 0.255 to current level 0.215.

I was one of the optimistic one in this forum... now I have been "goreng" by the cruel sharks. XOX is Top 1 on the most active stock due to sell off. I have no eye see now.

Whenever I see high Q buy volume, I panic cause the cruel sharks try to lure ikan bilis to buy. “*_*

The cruel sharks seem stop disposing for now. My guess this is collecting mode for sharks since yesterday and they will be back later or next week to stage a technical rebound.

Obviously, the cruel sharks are disposing their shares by creating fake high Q volume.

As expected, the real investors like Daniel and Chai are buying at lower price today. Total shares held by Daniel and Chai are 14.5% now, just about 2% less than major shareholder KGroup at 16.9%.

accumulation strategy on-going by real investors to get the shares at lower price which also to trap the shark too. Something brewing..

@newbie777_Based on my study on the trading trend for the past 2 days and today, it seems that the cruel sharks has almost cleared up their holdings. Unless the real investors start throwing, otherwise I think it will stay at this level 0.27- 0.29 or it may climbed back up 0.30 if the market sentiments become better.

there was fake high Q volume a moment ago. This was not observed for the past 2 days. The sharks anxiously want to dispose their shares. The real investors still not here yet. Hopefully they will rescue the small ikan bilis shareholders soon.

https://www.nst.com.my/business/2020/07/610738/li-ka-shings-associate-now-xoxs-substantial-shareholder

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Old news but just to share for those do not know who is Daniel Tam

https://www.nst.com.my/business/2020/07/610738/li-ka-shings-associate-now-xoxs-substantial-shareholder
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Old news but just to share for those do not know who is Daniel Tam

Combined shares currently hold by KGroup, Daniel and Chai are 30.1% as of announcement today. Very interesting...

Wave 5 continue tomorrow...

The accumulation strategy adopted seems to be a real investors holding for long. They are collecting from those sharks with prices not extremely high.

Yesterday high Q volume to buy at 0.3, today high Q volume to sell at 0.3.. something brewing..

Wave 5 to continue tomorrow...

Wave 3 continue tomorrow..

actually what @banglaman said it quite true in some sense.. he may be right... but then why want to belittle others and always want those newbies to die if not listen to him...time will tell who is right and wrong, be patient everyone.

Maybe they try to "trap" us above 0.30 today. (^(00)^)

@Wan Nee the 20 refers to year 2020.