Just look at 8k+ q-ing to buy at 0.550, 5k & 9k q-ing to sell at 0.590 & 0.595. These fellow should know that it is impossible to achieve it. It is just a tactic to control the price.
Next time when you see the large volume that q to buy at lowest price or to sell at certain price early morning, that means this counter won't hike too much. So, you can either take profit or wait it hike to next level. It depends on situation. For this counter, it is worth to wait as the news came out last week. Soon, it will raise to another level, otherwise no people would like to trade on this counter again.
Give up too early Vincent. If you look at the chart, the major shoot up of the price is on Monday. Most people also bought on either Monday or Tuesday, especially those played contra one. That's why big player purposely quiet a bit to shake off the contra players. That's why these 2 days got major sell down. I reckon it will bounce back tomorrow to at least 60sen
This is something like....this fellow from HongKong is playing mahjong with us with his cards opened. 110 option call when the price was 32 sen then. Hard to get a free lunch.
The lowest price dropped today is 0.49 and a lot of people bought around the range of 0.49-0.505. Many of them queue at 0.52 cos they afraid the price will anytime drop again. So they r only thinking to flip a bit then run
Good lucks guys playing in this counter, no good for investing, empty shell company, market price above fair value only big bosses goreng to make money
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....
dniap
447 posts
Posted by dniap > 2014-03-26 12:20 | Report Abuse
if everyone persist temptation, price will go high.