This share will probably decline in the near future due to suspension of steel pipes to the US due to the coronavirus outbreak.Pantech could have resumed the shipment of products but the damage has already been done. If cold war breaks between Virus country and US,than the rise in oil price will benefit Pantech.
Just for fun calc... if you buy just buy now at .37 for 100,000 ( my fav entry point) , lets see after a days what happens. We will neglect commisiions etc for this purpose.
phew!! so many buyers at 37... like this how to make the peice go down... desprate buyers... maybe they are waiting for seller to give up and sell to buer... also good idea... on condition no buyers start buyiing at 375
he wanted to sell at a loss... must have needed the money badly... only paper loss if didnt sell.... all down will go up... all up will go down... just a matter of patience
buyers want 700000 and sellers only 450000 in the 3 bits range.... buyers market.. waitng for sellers to give up and sell... it is a waiting game indeed
and hopefully the qtr result is a litter betterthis qtr and get 1/2 sen... ok what under these circumstances... remember once it picks up, people start chasing and theprofit mrgi lowers and risk is more
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....
tollebunsmith
4,277 posts
Posted by tollebunsmith > 2020-05-22 17:17 | Report Abuse
i am sure they are the same sellers at 385 and 395 .4. so they make some money , rinse and repeat