Hmm..let me share something for you all as i am really dont wish anyone of us suffering under a huge losses.
A few thing you need to know about GOCEAN recently. 1) The news of JV with KOSSAN & AT -The management has denied on the above. 2) The 10% of private placement on 28 Jul. -The private placement has failed on 4 Aug due to unqualified conditions.
Ok, i know you all must be having lots of question marks and asking what is Private Placement. You may google it or you may refer to Careplus (they just did a private placement recently on Jun by using DBT-Direct Biz transactions)
In Short, if a company wants to propose a Private Placement they usually would need to have a nice volume & Price in an average of 5 days volume in order for them to get a better price to negotiate a higher funds.
Then you will be asking, THE NEWS SAID THE PRIVATE PLACEMENT FAILED ON 3 AUG, THEN WHY THE STOCK PRICE FLY ON 6 AUGUST?
Hmm, so do you think the company re-submit again on the private placement arrangement on 4/5 August? Then the volume spike on the 6 August became legit, as the company need to push the price up for "5 days".
Hope i can clear some of your doubts but anyways my entry price is very low and this is just my opinion and sharing.
Study hard do more research before you buy a stock ya!
@Menort, noticed you have been commenting for the past week that all the stock which have been up trending will go down and request all to sell faster..
You want people dump so you can pump? Haha
Its all speculation.. you just have to follow the trend to know when to in and out..no such analysis or chart make sense for all this stocks at this moment.. its crazy.
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....
Squirtle
804 posts
Posted by Squirtle > 2020-08-07 16:02 | Report Abuse
Hope is no regrets