some trader thought to sell now while waiting for PN17 . and they thought they still have time to buy back when the price drop but PN17 is gonna get approval very very soon. the trader may risk paying higher price to buy back at higher price. so this trading method is very risky i hold because i know it is matter of time to reach RM2.
It's to flush out those that bought early this week upon coming news with hope to make $$. No funds to pay? Force to sell now. You'll see this volunteer going up pretty soon.
just added 30,000 at 1.64, whether u like it or not , it will hit RM2 by the uplifting. time to accumulate. the directors are pushing very hard to get it out . so , it will be very very very soon
Please see announcements today. Director sold off warrants and mother shares. Will them regret ah?:) Or [此地無銀三百兩?]
Luckily yesterday the quarterly result was out and solid beautiful. It calms the investor's emotion. Or else, today's morning price slide from 1.69 to 1.64 within half an hour would have created a panic selling.
With the latest PE less than 6, it is still a good counter to hold.
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....
FullTime
1,074 posts
Posted by FullTime > 2014-04-24 21:32 | Report Abuse
So Tml jump start at 1.70 close at 1.83 . Pn17 lifting with 2.30 .