Read properly Photon. Warning issued by YiStock. This guy really deserves my utmost respect and credit for spotting the warning signs early.
I don't think Icon8888 should be antagonised in this incident. He still has a solid track record eventhough he missed out on the underlying reasons Comcorp recorded good earnings.
As usual those not caught in this famous pump and dump stock will start to give their view - See I have warned you before bra..bra..bra..
CPTEH is always the first one to jump out and his comment on from nothing to something which I found it very weird because there is always something to move up the price and cannot be nothing at all. If nothing how to attract people to buy.
There is no way we can 100% sure that this is another pump and dump stock. Even if it is eventually but at which point we consider it as pump and dump when the stock start to rise. For example If you bought below 60 cents and when the price reach > 90 cents, do you consider this as pump and dump? So only those bought > todays closing price is consider pump and dump?
Please do not judge a stock as pump and dump just because the share price dropped drastically. What if the company announced another good result later on and price recover like AirAsia in August 2016? Why no one say that AirAsia is a pump and dump stock in then?
In summary there are always risk in stock market so learning how to reduce the risk instead of thinking how to earn big is always the right thing to do. Take care of the downside and let the upside take care of itself.
Pump and dump can be seen from stocks with hardly any fundamentals without any growth story but price rising sharply. Volume will be high to create the illusion that big funds are accumulating. Then when they have enough...Kaput..
Up_Down, when only price dropped drastically in a a very short period of time is considered PUMP and DUMP. If slowly die not considered... This is what I learn from those started with this term. But again you point out the right thing, why not also consider your scenario as PUMP and DUMP....
mind if I add in my opinion on Up-Down case, look at the market cap of CIMB. to manipulate a counter which is a component of the KLCI, I think you will need hundreds of millions at least to orchestrate a movement. I dont think syndicates would waste such huge capital and time on such counters. normally ACE market counters are good targets for pump and dump due to their small capitalization and share base. and if you bloggers suddenly promoting the counters concurrently here, that is another signal.
Be cautious when a stock being pumped up with record volume. u will have at least one more chance to clear your position with a higher price at declining volume as the latter leads the former in reversal. Good to take the first one, just to safeguard your profit.
Property agent also same , when earn money , they quote it is because they recommend a good property to you. When losing , they answer that is no relevant to them, is ur decision to buy. Lol Lol Lol . Con chicks are everywhere lar in real world no matter is property market or stocks market
Lol. Many con con followers here , that's why I already told them don't anyhow recommend this that, or post this post that, it will affect some good stocks become lauzy stocks. Full of speculators especially stock market too cheap too easy to enter. An jing , Ayam , tikus can buy stock.
If they continue post this post that, then get prepare taking the consequences. Stocks market got many crazy ppl, low educated ppl, gangster, whoever lar... so want to be famous or con man or shifu then take it lor. Lol
If those bloggers can call buy before they buy or call sell before they sell. Then they are sHaring knowledges with you sincerely . If they call buy after they already bought, that is indirectly make use of you to earn money. No matter what nice words they use, there's intrinsic bad agenda with them.
That's why I never trust those con con bloggers. Want to invest , just study research ur self lar. Want to learn , sharing info then sharing among ur frens by whatapp group, at ur home coffee shop, don't come to public, talk this talk that talk kot. with con con around plus their stupid followers will affect a good company stock performance.
Whatever comments take it with a pinch of salt,digest it according to your wisdom and knowledge,then made your own decision.Never follow a sifu blindly if he falls you fall too.
I don't get influence but stupid followers and affect the stock performance .lol.... so the best advice is to leave stock market..... lol no way... is those blogger to leave
I don't get influence but stupid followers and affect the stock performance .lol.... so the best advice is to leave stock market..... lol no way... is those blogger to leave
hi I am very happy can see this blog suddenly , a lot of sifu here, the favourite is flykite, I like your comment flykite. actually I wish to ask all sifu about one counter is CAP because CAP really worth to discuss lol , after I study CAP, everyear got eran money, reports consider acceptable , nta and cash all good good , do any sifu here know why can drop until 0.03. many people claim CAP cash rich is tipu nta good is tipu, fnc reprts good also tipu tipu tipu. so is they rights , CAP is a tipu tipu ?
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....
photon
50 posts
Posted by photon > 2016-06-21 20:58 | Report Abuse
This article is one day too late
Published yesterday is hero
Published now is cannon behind horse