EKA.... not coming YET.....!!! :):):)

agree... all bilis stay away. Let the syndicate do what he wants. We just stay safe and have a look at few other counters

a very difficult day for many.. few things for discussion:-
1) Technical rebound - discussed by few of our friends here but I do not believe it will happen. Usually a technical rebound happens in genuine counters which normally oversold due to profit taking or some bad news. In basic, the counters have a fundamental n most importantly its not a goreng counter
2) For EKA, a rebound will only happen when the syndicate wants it to rebound. Making it almost impossible for bilis like us to read the chart. Fibonacci or any other indicators will not show any possibilities.
3) Is the game over? - My take is that its not over yet. Reason being that with amount of volume being done, the syndicate will still holding quite a number of the shares. I am also starting to have a feel that, they might actually be accumulating more. My reasoning is due to my observation today that when the price where moving up to 0.16 to 0.165, if the syndicate wanted to clear, they could have hold on to the price n pancing more bilis into buying but they pushed it down a created a fear. u dont create fear if u want to clear ur shares..
Plus any drop below 0.12, I m pretty sure it will be below the average of the syndicate price..

Lets see what the syndicate do tom... Lets share knowledge

Good night guys

as said many times, stay way guys... dont support the price

hahahahaha. from the trend its going on, they will drop 0.145 in matter of minutes

tp above 0.30 does not make sense at the moment unless a very huge news coming.. of course i want it to fly, but need to be realistic a bit at the moment.
However, closing today in green is still possible but its very difficult to understand what the syndicate is doing. They continue to dump relentlessly...

@unclelim44, reliable source?

dont be tempted to buy... stay away.

price going to drop some more, careful guys

i hope nobody got hurt... its clear distribution.

the crucial thing for today is whether it can hold up the price.. Closing at 0.17 will do nicely. 0.18 is a very long shot but not impossible. If closes in green today, tom might push above 0.20 before dumping again. But still, a long trading day still to come.
To all, reaffirm ur take profit and cut loss price now and stick with it!!

u guys saw how they dumped at 0.165 as soon as it cleared?? typical sign

the distribution is usually happening... but they might need to push the price to a bit higher in order to clear all their holding.. so guys, those entered at 0.15 and 0.155, start taking profit as price goes up... for new guys, take care. Dont chase high. It has past the fibo 61.8%, next is 0.18

careful again guys... they might not be collecting.. they most probably distributing

guys... those willing to gamble. maybe can take at 0.15/0,155.. but with a cut loss of 0.14 max... if it closes red today, it wont look good next week either.. Good luck guys. have a game plan n follow the plan strictly. tc

well if a huge buyer comes in... the only thing that I can say is that the game might not be over yet...
But plz guys, do not follow my comments blindly.. As i said, no one can be 100% sure. The comments here r just sharing of wat i think.. n i can be terribly wrong.
So if my comments goes wrong, dont come later n hentam me ok?? me NOT guru!! hahahahaha

if cleared but a huge seller comes back again.... avoid!!!!

but as u correctly said richman, many will be waiting to cut loss if the prices were to move up... but will they? greed might come in.. hoping the price will reach above 0.20 and to make things worse, they too start to chase high.

So from the little knowledge that I have, my advice to all reading.... get ur mind fixed at a price, whether to take profit or to cut loss and dont change ur mind

I agree richman... but i m looking at the point whether will the syndicate push further down. Coz i believe that even they selldown yesterday, they might still have some shares left. So with all the t3/t4 selling pressure, if it can still hold strongly at 0.15, then I might gamble.. a calculated risk..
Of course not with contra strategy but at the same time, not a long term investment.
Buy and with a fixed cut loss price

big bulk? more than 1m shares?
did u Q at 0.165? Of course, u dont need to tell us coz its personal but will certainly help us in "trying to read" the buyer n seller vol..

Btw guys, an ex-syndicate did inform that the syndicate usually do follow popular blogs/forums to know how's the sentiment of retailers(or bilis)...
So if the syndicate is reading this..... I would like to say "Hi" :):):)
Do show some mercy.. hehehehehe

However close we r to our fund manager, by the time he tells us the "insider info" about any stocks, the syndicates would have collected their shares and waiting for distribution..

there are many possibilities... n one cant be 100% sure.
one of the possibilities is that the syndicate purposely parked more than 12m shares at 0.165 so that contra players will stay away and not gamble in buying at 0.155 and 0.16 for quick bucks while at the same time, the syndicate accumulate. Its a long shot but we never know

looks extremely weak.. over 10m shares parked at 0.165

If tom a strong buy at 0.15, then I think we can take the gamble.. Have a good rest and we shall be ready for tom. Have a nice evening guys

i too hope there is another push..
I think it just an impression that someone is buying.. to recall back on how i got burnt in APFT.
At first I saw daily a huge volume(>10m) parked and the buyer slowly collects them all.. I thought that its a good chance for me coz i can follow the person to collect.. But after few days I noted that the price will go down 0.01 and the same pattern of huge seller parking and buyer slowly accumulating... Thats where i made mistake... i followed the "accumulation"
By the time i realized that the buyer n seller are the same group, I was already badly burnt..

I think it this way,
EKA started from 0.11 and the accumulation continues till 0.20..meaning the syndicate will have an average of say 0.15-0.16

Lets say that the syndicate had 10m shares collected and now waiting for distribution. 1 most common way they do is that they push the price up and sell down. When they sell 10m shares at 0.18, they themselves will buy back 8m shares making an impression that "somebody" accumulating while bilis like us will end up holding the 2m shares. Then the same when it goes to 0.175 and so on..
Because their average is much lower, they can have the leisure to keep on trying the same pattern.. Thats why I kept on asking not to support...

But looking at the positive side, there is a small differences between APFT and EKA. APFT had a quite long accumulation period but EKA not so long which is why makes me wonder if the game is really over or there might be another round.

Just sharing my little opinion.. I hope we keep this platform clean. Not like APFT, too many idiots talking nonsense making a proper discussion impossible

It might not work that way... I think the person buying and selling is the same group. They r not accumulating but actually distributing. For example, today we saw that there was a huge buying at 0.17 till 0.18. It can be that the left hand selling and right hand buying but at the same time bilis like us would have thought that its actually a rebound so we join in buying. So by us buying, the total share holding by the syndicate will be lesser hence distributing their shares.. It goes all the way down to the closing at 0.15..
Now the only hope for those who are trapped is pray that the game is not over, and the syndicate push 1 more time to around 0.20 before clearing everything..

Be careful guys... i m having a bad feeling that its APFT all over again. Who knows, maybe the same syndicate. Dont worry @carot, I got badly burnt in APFT previously, thats why I tried to calm people down here and not get trapped.. of course I hope that EKA rebound back to 0.20 but in reality, it might never happen. Might even break its all time low..

i sold again at 0.15... lost some brokerage

mistake... i took at 0.15. but will cut loss at 0.13

do not enter....

i really begin to think that the game is over...

dont support the Q guys... they will just dump

we know how much it hurts when bilis like us is taken for a ride...

if it closes red with a tail... its APFT all over again. Tom will have a sharp drop

pancing is still going on...

unless if pushed back to green today, please do not enter...

again... dont support at 0.155. they might just dump again

I hope those reading these comments and discussion here benefited and didnt get trapped.. Share info guys...

still waiting for my 0.15

finished pancing at 0.165, now will start at 0.16

after 4pm, if the pattern continues, most likely game is over guys..

for those who dont think it can drop to an extreme of less than 0.10, please go and look at APFT chart....

dont support at 0.165... syndicate will just dump it again

continue to pancing bilis at 0.165... stay away

0.15 looks a worth gamble.. i have placed my Q. 0.13 cut loss

there wont be any support... depends if the syndicate want to continue to goreng or not...

however, for the positive note, the push has started a bit early... usually the syndicate will only selldown later in the day but they seem to have started early afternoon session. So basically there is a chance for a short rebound before closing. Keep a close eye on the movement. Lets see if bilis can curi some pocket money today..

http://klse.i3investor.com/blogs/purebull/24780.jsp please read this

please stay away.... dont get trapped