Got trapped in this stock when it was still called SKH in Mar '18 @ 10.38c(20.76c adjusted for consolidation). Last week busy attending meetings, then looked @ the mkt after the close on Thursday & noticed this VC surged 34% on heavy volume.
Very super high risk to trade with this VC mother share,this can be a discount trap and the mother price may PLUNGE once conversion comes in with VC-PA and VC-WB VC moves is very similar to that of DYNACIATE GROUP BHD( formerly Tatt Giap Group Bhd) when the right issue were implemented earlier this year
When the exercise of warrants and conversions of preference shares takes place ,the increased supply of mother shares will most definitely in a fall in the share price BE ALERT TO TRADE WITH THIS COUNTER!
This is a matter of time when this VC mother share price is going to plunge None of retailer investor know, only operators know how to pump and dump for this stock
those convince people on buying VC are truly black heart. hope many here did listen to some of our advice not to touch this falling knife. this is not correction. it is falling sharply back to where it started.
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....
Vortex1
64 posts
Posted by Vortex1 > 2019-05-23 12:15 | Report Abuse
VC now got 3 boss. Who buy more who win VC?