Sanichi trapped a lot of people when it consolidate it stocks and then issue new warrants. The mother stock went up to 20.5 sen and dropped to a low of 8 sen. This stock really burnt a lot of people. So it is hard to push as a lot who are trapped are waiting to sell.
And 1 more thing is maybe less ppl are still keeping their shares in between 0.2-0.15 due to cutloss activity. But possible this share will be goreng since a lot of accumulating activities in between 0.09-0.10.. The question is when the will push.. Nobody knows.. Maybe tomorrow maybe next week maybe next month..
Maybe so guys..but look at the super high volume after some sideways trend and RSI going up means buying pressure getting higher...1 cent drop is not a trap...Director (Mr.Pang) buy back to reduce retail ownership and hence trading volume per bid would be sufficient to push back share price higher...if cannot see..dont enter lorh...and remember that dont put too much risk in one stock..that is the basics cause prices fluctuate and this is common.
So happy investing for the mid term and traders out there, you cannot enter anymore lower than this...buy low and sell higher...buy high and sell higher!!! Happy Fry-Daying yea..ECB announcements look good :)
Jenn , ' high hand ' always will say buy anytime , they say up trend : buy , later price drop a bit they say price adjustment : buy , price furher drop they say do price average : buy , price deep down they will say keep for long term : buy ! Haha ! Happy trading !
PUBLIC BANK DIV Rm700 only KLK also Rm 600. Very low DIV if compare With Carlsberg or GAB. Don't waste money in Sanichi, If will restructure 3:1 again Same as KNM...every time restructure, your money will become salt ......
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....
0008
1,603 posts
Posted by 0008 > 2016-09-08 20:22 | Report Abuse
Kim na neng , why delete ? No need to delete ,
u can share your view and opinion here .