zhm 540 is normal for the share volume churning among the players. you cant have one player alone to play a counter. that's why they call syndicate. Unless shareholders keep on disposing then it may be distribution. also DJ seem ok and not in next correction phase. Looks ok to me. If not enough should load more for Hari raya pocket money
reply to zhm 540 this is reported under transaction 8.5 12m to buyer 42m from seller 9.0 0 22m from buyer Q 9m 17m 9.5m 15m volume smaller compered with last week. still promising
As long as the price stays below 15s, it is good for Dato as he can accumulate more while the others will lose money by PA conversion. I am not surprised if Dato already held more than 30% as those on buying spree last week are not yet disclosed.
reply tp Zhm540: VC is penny stock and yet to generate any consistent profit growth at the moment. Basically is still for speculation only. TP is your own expectation and entry price.If it acquire some good business which may help the company to turn around . I have some old ones under SKH Consortium which subsequently consolidated and issue Warrants and PA. I have sold all the entitlement at that time as sentiment was not good. Didn't manage to sell when it hit 33 cents. Recently bought some near 10 , below 10 and also 5 cents. I hope to ride on it as uptrend still intact.range bound 0.01 with higher volume than previous day.
operators bought big volume last week, so expect they will play VC down probably back to 5s...already they put a big block at 8.5s and try to lure retailers to buy at 8s before they start dumping...
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....
rizal_de
503 posts
Posted by rizal_de > 2020-04-20 09:11 | Report Abuse
why keep dropping?