Xienry, that only to comfort yourself la. If that is big news, the price would go up. Our market already controlled by syndicate and too many retailers. If the shark want to push, the retailer join the ride. At the end of day, the price go up 1-2 sen and the retailer start to dump. Just follow the ride. Got profit, sell. If no profit, cutloss or sell at buy price. Live like a rider. Rempit the wave. The stock will not take care of you. You have to be clever to ride it
Could even go down to 0.28, even lower. Price of mothershare is now almost half the conversion price of the warrant. Why are people still punting on the warrants beat logic. Mother share has to be over 0.60 to make any sense of a warrant worth even 0.10.
You guys still here? Dato already disposed his share. And guess what, he will get more share from ESS and dump it again later. They way I see it, it will drop to 10sen and warrant will be 0.005sen worth. Chart still on the downtrend and also, eagle are coming here, dont have to see the graph if u all saw eagle comment. It is a strong indicator for downtrend. If there any increase in price that only death cat. Monthly graph saw strong downtrnd pattern
Dato sold the shares a week ago and Systech still holds above 30 cents. What does this indicate? Some "fund" must have taken the shares from him and saw promise in Systech's cybersecurity business
@MarioBros Very true what you said. It has been on a downtrend. I fear it may go as low as 0.25, just like it previously did in past years. That is its habit - rather its major collectors' habit. Only then, it stand any chance of a revival. But this time, it is different - the free warrants. With such a high conversion price tag, how did the mother share get trashed so much? So, if one applies logical observation - where will this lead to? For original buyers beneficiaries of warrants and have sold, well and good. Those holding will be in lots of sleepless nights.
Let’s not jump to conclusions too fast. Yes, the stock has been on a downtrend recently, but the market can change anytime, and past patterns don’t always mean the same thing will happen again. Dato’ selling his shares might look worrying, but insiders sell for many reasons that don’t always have to do with the stock’s performance. The warrants might be under pressure, but high conversion prices usually show long-term confidence.
So, we shouldn’t just focus on the price drop or past trends. Sometimes, these dips create opportunities while others are too busy worrying about the fall. Personal sharing only
So, many of here keep on dreaming the price will up. Yes, absolutely price will up only after the price drop to 20sen 1st. It might take 2 3 years to go up. It a warning if many people say price will up in forum, it will reflect the opposite. Graph show downtrend again. The macd not even cross the 0 bar and it drop again. This time, the drop will be even lower than before. It will touch 0.275 soon, then drop again. If it break 25sen most likely it will go to last 2years support price of 15sen. Shareholder keep on selling. Chart are on downtrend pattern on day, week and monthly chart already.
You might be right, nobody know when can the price can go up or down.. sometimes technical might be wrong also.. So far there is 2 big news anounced, as a shareholder always hoping some good news to push up the price
RGBeric, the price drop again. Dont ask people to accumulate. Still on downtrend. Tomorrow profit taking session, the price will drop below 30sen. Prepare for next week, will touch 275sen
Highchloride, wait. Dont enter yet. The graph still strong downtrend. Selling spree everyday. Most probably will drop to 25sen or worst 21 sen. No project what so ever, qr red. Think they will push to the ground. I expect below 20sen like previously before they push the price up.
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....
MarioBros
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Posted by MarioBros > 2 months ago | Report Abuse
Xienry, that only to comfort yourself la. If that is big news, the price would go up. Our market already controlled by syndicate and too many retailers. If the shark want to push, the retailer join the ride. At the end of day, the price go up 1-2 sen and the retailer start to dump. Just follow the ride. Got profit, sell. If no profit, cutloss or sell at buy price. Live like a rider. Rempit the wave. The stock will not take care of you. You have to be clever to ride it