it's a nice trap from Bursa, DSONIC felt down heavily after the announcement of Bursa. Bursa earned a lot from this counter. Support price not less than RM0.03. =P
BURSA did this on purpose by approving short selling... bursa did used a strong weapon in bringing down datasonic price down very fast..this is damaging the stock..it is not a correction or healthy correction
on march 26 the datasonic closing price cross rhb target price of 4.08..why bursa waited till 4.80, then only played this dirty drama?? their intention was bad,,to hit speculators badly..bursa work hand to hand with the TA ANALYST... both has a hand in damaging datasonic stock
some big ones missed the boat..they the big fish knows a hot contract news will be coming out on 18//04//14,, the big ones can be anybody...but the stock is already overpriced at that time..so what they did pump up some negative news in mas media to bring down the price very very fast, because the announcement date of contract is approaching.. they were very cunning, showing to masses to public that a healthy correction is being carried out on datasonic... actually this did not turn out to be a healthy correction, because healthy correction means price should go back to a little less then 4.08[rhb target price].. the price went down badly to 2.60 level, this we cannot define it as a healthy correction,, a total of 600 million capital wipeout from datasonic stock..this are define as DAMAGES to datasonic.. i hope datasonic and bursa does not have a hand in this super drama. datasonic should be fair to shareholders, the retail holders who are still holding the stocks.. if possible datasonic should take some legal action against the TA ANALYST, who created the blunder in mas media--sun daily on 4th of april 2014, because he does not have the right to do that.. sure this TA ANALYST is also working hand to hand with some parties...anyway all this is just speculation,but only can be reveal if a thorough investigation is carried out.. to me i define this as full DAMAGES to datasonic... bursa was zip quiet when the price plunge to 2.60 levels, they were enjoying it.. yes i aggree the price was overpriced at that time, and bursa police took out a caution note.. if bursa intention were clean, then this matter should end up with a healthy correction only..if it damages the stock, then somebody should be responsible for it.. i only can think 2 parties here, bursa police n TA ANALYST... when bursa police method did not work out, they start using mas media.. this is totally a CRIME
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!
MQ Trader 696 views | 4 d ago
0:17
New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
johnny cash
6,400 posts
Posted by johnny cash > 2014-04-16 00:04 | Report Abuse
FEAR is taking this counter far south...it s overdone