Yes buying otw down is very dangerous, we all kena before. Only in very rare cases those kena lock for eternity finally get super profit. Imagine how long YTL shareholders suffered from early days, then till today wow
Another point to say it isnt really NIISE related, recall that when Edge first reported the 3 of them were in the run, DNEX and Theta are quite close to current price. It has just went back to this. After Heitech out, both DNEX and Theta ran a bit higher. Then followed by days of DNEX climbing beautifully while Theta died. Alas, no easy money just yet, DNEX's short-term uptrend broke
The only thing to move DNEX price all this especially above 0.40 is the private placement, this is definitely the case else who will buy the PP, now the PP is over, then this is the case, then next is NISSE, the only good news so far, if NISSE also not materialize, I don't see anything that will move the price, next QTRs expectation, i don't see any favorable estimation so far?
Disagree ken2004...by right even if DNEX gets NIISE, any surge like 20-30% we should sell, if we don't believe in the other "stories". NIISE a bit small for DNEX, hugeeee for Theta
Can't write off Silterra just yet. U saw how much they have continued to invest in Silterra. Cold hard cash man
A guessing, maybe those PP buyers start throwing lol......and those taking profits now since the buying momentum like already going the opposite direction.....
If this is the end of the uptrend, then they are only throwing whats left. They have already thrown the bulk of it on 12/6 looking at the sky high volume
About Silterra story, till now I still confuse why is this not making money, yes, they have court case but how is this making them gone case when they earn hundred over millions++ for DNEX during the excited period, it is already 1.5 years++ already....so in my mind, if you win the case, then? Your qtr earning portion from Silterra will be skyrocket? if you don win the case, then the qtr earning from Silterra will not be in DNEX?
We still can't rule out just yet that this is a bear trap preceding a huge rise in the coming weeks
DNEX moves like shit most of the time until recently. When it was like shit don't forget it was hovering at 40c for a very very long time. Then it broke down to around 32c. In hindsight it was clear that 10% or so drop that day was to push it down for the subsequent accumulation, placement and then the recent push.
So now where are we?
Fundamentally and technically, it looks like 40c is very3 strong. A lot of the "stories" have dragged on far too long and this is about time.
However...if all of the stories go wrong - 1) govt shutdown silterra cos cgp win the cases lol 2) foxconn abort deal cos dnex drag cos zafrul hates dnex 3) oil turn out to be a hox, then surely even 32c shouldn't hold
About silterra story, if the share price tells the story - the market has actually decided that win/lose, Silterra is still worth a ton. That is until silterra starts to bleed, and the sell-off began. So marekt actually dont care that much about cgp case. BUT if there's a positive resolve, of coz there would be a knee-jerk rebound (and vice versa).
I am confused too - because as the arbitration drags on these 2 years, I think they have poured in another 600M cash into silterra. Where did they money come from, and how did they divide their portion of investments pending resolution?
Back to NIISE looking at Theta. If they really know, why are they sooooo patient. Still no limit up. If NIISE is at least $1B, Theta should go triple limit up. Sky is the limit - it's not only the contract value but the strength of the cable etc signifiying the lady CEO's vision is real.
Now it's still going slow-mo.
So is this pump and dump before announcement, or is this real...the coming weeks will tell hopefully. Damn curious. As to end Jun award...I am not holding my breath. This govt, even luxury tax can't implement ahhhhhhh delay is thier game
Actually, if we study Theta...we can't fathom how Theta could get NIISE over DNEX.
It is easier to believe that Govt cancel plans, or that Edge reported wrong both DNEX and Theta out...than to believe that Theta is the best candidate among all to do this project
Theta is almost like DNEX's junior in every way. CEO was DNEX's staff for 2 decades...major shareholder is DNEX's shareholder...in everyway, DNEX is more credible to public eyes, and politically that's what matters...
I say, maybe NIISE internalised like what they doing to MYEG 😂
Hahahaha oh Jepun Miki mouse betul betul tak boleh pakai punya, alamak u sendiri pergi Holland sudah lah,lagi panggil new birds masuk sekali macam habislah, Wakaka
anson938 you scare me with your constant reminder of cup and handle formation even tho that's clearly not your intention. Can share your insight? I can only see bottom of cup on top the way you put it, that's an inverted cup 🤣
Bro, 630k I have and don't mind clearing it at 45. I can do it now click click. But what if after clearing it they queue another 10m shares at every bid then push it down back to 43 😂 so it's not 630k. 6.3M maybe can move it a bit, but if operators marah push it down 6.3m also disappear easily
kuningNo1
45 sen big road block🐘🐘🐘. Need rn630k+ to clear it.
kuningNo1 I am very flexible 1...if at 50 it looks like it's going up, maybe I buy more. If at 42 it looks like its going down, I will have no loyalty and cabut 😂😂😂
Okla to be honest touch my heart, I probably couldn't do it. If it sell down to 42, even though it may be objectively a good idea to sell first, I will probably fail to pull the trigger. Cut loss always so hard haihz
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....
UncleFollower
1,752 posts
Posted by UncleFollower > 2024-06-27 16:12 | Report Abuse
Yes buying otw down is very dangerous, we all kena before. Only in very rare cases those kena lock for eternity finally get super profit. Imagine how long YTL shareholders suffered from early days, then till today wow