Within 5 days the counter went on overdrive from .22 to .365 so what's the news? Volume was phenomenal but really what is the cause of it ? Some say Prima1 gonna paint Malaysia, some say got some solid contract, some say some hotshot corporate figure joining the company , so what ? Are they referring to Bill Gates or Warren Buffet ? Big JV , contract MOU I think we have heard all before. Look at the Agenda of the coming AGM anything significant or unusual . Nope ! Look at company operation? Still losing money. Do you not agree that Ace counter are driven by perception and rumors ? Today is Friday it closes at .31 , you can console yourself that the contra players are cashing out la, but at .31? Where are the jockeys ? I would imagine that the support would be at .35 and come Monday , a fierce assault to push it to .40. I am not Mr. Negative , but if come Monday it falls below .30, I am sure all of you out there knows what to do or some body is going to be hurt real bad. This is exciting to see market reaction, so with this I hope Monday will be a good day for all of you.
Well the Business Star uses terror terms to give Sersol a void rating , but he did not explain the fall to .31 on Friday. At least there are optimist rating , but after giving it a good review , it comes with a caveat, stating the review does not encourage you to buy this stock. Talk ayam jantan la.
Considering the current situation, i doubt sleeping beauty will go places. Anyway, good luck to you all. I hv sold my shares. Seriously, i hv my doubts this counter will break in2 the big time.
Sersol may experience a further rebound after recovering back above the MYR0.31 level, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.365, followed by MYR0.39. The stock may fall and drift sideways if it cannot hold above the MYR0.31 mark. In this case, further support is anticipated at MYR0.27, where traders can exit upon a breach
Sersol may experience a further rebound after recovering back above the MYR0.31 level, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.365, followed by MYR0.39. The stock may fall and drift sideways if it cannot hold above the MYR0.31 mark. In this case, further support is anticipated at MYR0.27, where traders can exit upon a breach...FROM OSK DATED 29-4-2015
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....
dc7803
189 posts
Posted by dc7803 > 2015-04-24 17:36 | Report Abuse
The last time it settled was abt 22sens. Lol!