There is still some hope that organising broker might support the share just above the exercise price before the expired date. Anything bw $1.35 to $1.45. Unless the latest result is good, the share price will fall like rock.
Gcb warrant gone, done and close case. The people will push up back mother to attract the people who stuck at lower price convert and get the fund and who buy at high price really sad
You Must know warrant is going expired soon, when warrant price suddenly speed up which such big volume and everyday green green, if u bought at 0.07 and we will expect it go out to 0.10, when u bought in 0.15 you will expect it go 0.20, when u bought 0.20 u expect it go 0.30. If u bought in 100,000units at 0.20 with cost Rm20,000 and exercise per units 1.34, need top up Rm134,000, ur mind already noe u are not afford to convert and your mind just let u noe play contra and get limit to buy warrant at 0.20 to try luck, maybe can go up to 0.30..your mind said only, not one promised u. Don't blame other, actually you just tamak, people won your money because they smart. U are not stupid, you only greedy. This world who smart who win, we can blame who because this is rule of game.
In this forum we evaluate and discern information. Then we take a decision to trade or not to trade. No one asked us to. So we take responsibility and accountability for our trades. Had we been disciplined we would have profit from the trade. When Alpha Trader and Alpha Jack wrote some would have profit if they enter and know how to exit. Blaming only makes us fools to follow all the comments. And if you buy on comments from this forum - it's best you keep your money in the bank. Or better still form your own trades. And exit this forum. Because there will always be correct and incorrect information. Nobody knows what's ahead except God. Who would have predicted the meltdown the last two weeks and the rebound today ... ? Were you also conned ? And are you able to know what happens next Tuesday ?
If you go to the GCB WA blog obviously the Directors exited between 6 cents to 20 cents. They probably had it at 1 cent then. Surprisingly they played until the last days before the warrant is suspended next week. A learning lesson. All had time to exit this week. Last Firday all-time high 22 cents. This week it was still high at 18.5 cents.
Anyway watch the mother share and see it's movement. Some of you should be smarter now. Did they push the prices to exit warrant ? Will they now push the mother share to entice conversion of warrants to get funding ? My opinion quite likely, it's their source of funding in this tight banking scenario. But if not, you better run because objective achieved. Judging from the price movement today - likely, they executed second phase to push mother share. They are also greedy. Your call not mine. But please remember to exit when you reach your target price. Good luck.
I do not claim to be a professional. Just my observations. If you believe that palm oil prices will head North, a very solid counter Jaya Tiasa is worth looking. Read other blogs before you put your money in. Interestingly it's warrant Jaya Tiasa CD has just started to behave like GCB warrant but in the early stages of development - and can present potential opportunities. It's conversion is 1.80 and current price 5 cents having yo-yo like GCB warrant chart. Expires March 31 - so you know. Only for the high risk takers. If you had lost in GCB warrant - consider this as a recovery as it's in the early stage of development. For 5 cents, worthwhile. And my 2 cents worth. Buy if you want but don't condemn please. Bless and you shall be blessed. Let this forum be filled with sharing of views. It's always easy to criticize.
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....
agrimineral
474 posts
Posted by agrimineral > 2016-01-21 10:43 | Report Abuse
Take it as tuition fees, I got my afew years back. Just don't be greedy.