Unusual Market Activity Unusual Market Activity ILC-08062016-00001 Bursa Malaysia Securities Berhad has on 8 June 2016 issued an UMA query on the high volume of the Company?s shares recently. In this respect, investors are advised to take note of the Company?s reply to the above UMA query which will be posted at Bursa Malaysia?s website under the company announcements, http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision. The contents of the UMA query is as follows:- We draw your attention to the high volume of the Company?s shares
Pump and dump working again...and again...do we learn?? Don't touch. Burn you alive. Those who touched today at 26.5 sen already burnt beyond recognition. What about those who touched yesterday at 32 sen?? Already pokai... left underwear. Luckily yesterday I cut loss at 25 sen. As a smart investor I try to buy on bargain but it was catching a falling knife instead of a buy on weakness.
Please have a stop loss plan. Do not buy without a plan or your money will be drained by M3Tech. Look at EKA ...it will drop few sen a day...until below 10 sen. Don't believe? Try and buy and hold for a few days and see what you left. Those cut already don't re-enter this stock already. There are many others better stocks to play. This stock to me is another EKA or Wantan mee.
Don't touch already. Don't be lured by good bargain. Can drop even further. Maybe you are thinking of riding on a dead cat bounce...but is it worth a gamble?
Yesterday I was lured in when it fell from a high of 32.5 sen dropping to 26.5 sen. Bought some happily... thinking it will rebound back to 30 sen...but it just fell thru 25 sen breaking my stop loss. Cut loss yesterday for a 1.5 sen loss. Today I still see people buying hoping for a rebound just like me yesterday. So just a warning not to be too greedy with this kind of stock. This is a pure goreng stock.
Nice to have powerrangers around. Sorry I must admit some of the stocks I entered kena cut loss. There is no free lunch. Learn to cut loss is a must. We must swallow our ego and admit defeat.
@Powerrangerhuat Not nice to say like that. I only buy something that is worth buying myself and share info why I buy. Later if it is down, I also cut loss and warn them not to buy. Everyone here is the same. We are here to help each other. To say that I lure ikan bilis to the sharks is not true. Everyone should have a stop loss plan and execute their own investment plan. To blame others for your losses is not gentleman. Just like tidak tahu menari katakan lantai jongkang jongkit.
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....
richman
10,110 posts
Posted by richman > 2016-06-08 11:20 | Report Abuse
if you look at the volume done it will only be about 5% of the total shares .this is what maybe XOX sold or still selling