Dont know what actually, but let see thursday morning trading if jump start not many contra player will chase it though its trap. This is what they plan and keep price going up so normally people start entering. Later we can figure it out. Good luck guys
Yes. Just want to inform people I know from other stocks. Promote doesn't mean you have to buy. Just that you must monitor. Sometimes my friends helped me too. They told me some counters are going up. So I monitor and if really good I buy and get some profit. Now I just return a favor. Don't have to buy but you can monitor. SKPetro-c25 dropped from 11 sen to 5 sen. Now they striked some contracts. I think can rebound to make back some money lost here in M3tech. I just want to help. No hard feelings ok?
Current Mother Share now is at 0.07 cent. But why XOX and Papago -HK acquired the share for m3 at 0,1 cent recently, which more higher that current price. Something I dun understand ????
Monday is T+3. Aug 30th volume was 90 million! The next 2 days only 9 million and 4 million. Meaning there is a total of 90 - 11 = 79 million waiting to get out. Its either Monday or Tuesday for forced selling. I hope I am wrong but be cautious. M3Tech is purely a goreng stock.
I think the warrant(rather than the mother share) is more prone to contra due trades. As with most goreng counters, high vols are "churned" during goreng times. Smart contra players would have exited on 1st 2 days of goreng. Not too huge "real" contra trades would be executed on due dates unless vol is deliberately "camouflaged" by operator to mislead pp.
Sorry, in this forum we will know who is contra player and long term or genuine one. Watch out on their comments. All false one because they dont have any holding power or hidden something. Can read the comment but do not trust them.
Jmse1013, much will depend on how much contra selling is left and how the operator wants to play it on Monday. I cannot really advise much. If the price is too low, you might want to consider picking it up. For contra trades, my advice is always to sell within first 2 days of purchase as the operator has the tendency to push it down on contra due dates.
My advice cum sharing just hold what u have if unexpected happen or can buy more if u think its low enough to do average. Sure will gain one day sooner or later guys. Good luck this week k
September is not a good month for stocks. School holidays are back. Expect some selling because most investors prefer to sell when they go for long holidays. Who wants to monitor the stock during school holidays with children and wife ?
Warrant can hold for few years don't cut loss if it goes down , average down and wait for goreng only . U will never lose money with such long period of maturity. Time is the matter . Have been in and out for more den 10 times d .
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....
goodluck999
1,210 posts
Posted by goodluck999 > 2016-08-31 00:00 | Report Abuse
0.11 NTA is based on previous outstanding share , now is 590m ..so u calculate urself ..