Blog: BRIGHT - do you trust the Net Cash in this company?

Be the first to like this.

4 comment(s). Last comment by DividendGuy67 2024-07-30 01:06

speakup

27,051 posts

Posted by speakup > 2024-07-28 22:14 | Report Abuse

Where is Ricky?
Where is Jho Low?

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-07-28 23:26 | Report Abuse

My guess is everyone's telling both to run. There's rarely one cockroach and they can't spill the beans.

speakup

27,051 posts

Posted by speakup > 2024-07-29 07:50 | Report Abuse

https://theedgemalaysia.com/node/714111

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-07-30 01:06 | Report Abuse

For full disclosure, today, I want to share that I did queue to buy BRIGHT for 20,000 shares at 0.215.
I planned to spend ~ 4k to buy, which is insignificant - whether I win or lose does not affect my portfolio.
I would have to add another zero behind to make it significant enough.
And guess what? The tiny volume.
Trading volume so thin, I am only filled partially like 18,000+!!! This doesn't move a needle.
Hence, there is another real practical reason why I don't trade this stock or other stocks with very thin volume.
Hence, just pass this trade.

As for my 18,000+ shares, let's see what happens to it in the medium term. It's supposed to be safe right? 😂

Post a Comment
Market Buzz