I believe theory of buyer n seller mention earlier is happening... Coming from same family. After all lbs company top guns are family members. Both of them will manipulate the stock till very low. So small fly investor like us sure got slap hard. Just sold of land but share price drop.
One lessen we must learned. No news means can buy n keep. When news came out is the time to sell.... Those still keep n top up are all stutid investors...
I understand many investor was burn due to manipulation of news... Now the price had touch rm0.90 as i said before... if u ask me whether this counter can buy or not..i will advice u go for other counter ... Coz this counter is been classied as bad governace counter... It mean this counter is using as a tool to cheat investor money..u dunno the operator will move up or down... And it always against your decision... And at the mean time political risk is nearer... U must chech whether this counter is political link or not... Just personal opinion..
no one want to press it down... lu gilakah...the thing is that the selling pressure is continuous day by day..., if someone buy and it rebounce a little then it cannot break another barrier...it fall more...and u can see the pattern is continuous and repeatedly since fall fr 1.13..., and no one want to pressure so the stock can fall...why? the stock itself is a pressure cooker (not the boston one)...jaga , jangan sambut
Probably the price will stabilize at 0.87-0.88(supported) then can go in the average down. Wait for the rebound. It is not a bad stock only they like to play this type of game.
derrickinvestor, listen here. Nothing you can do about it, let it drop and monitor when the price stabilize then buy & average. Hold and Wait. I don't know what price you bought.
What Fatcat is trying to tell you is on the 09/04 the price action already reached the peak ( best selling time & take profit) given that they play up from 0.925, an increase of 0.185 sen. Look at the chart before you buy next time.
I have sold my nextnat at 0.115 and make some money,waiting for the right time to go in again. Buy and sell at the right time ! I am not buying based on story !!!
They played the game before using the news of impending sale of the China property, the day the announced the M&A,the price went down.This pattern is repeated with a larger scale making use of the news to profit from the so call investors.What chleong said may be true.
Aunloke, this is an inevitable game in the stock market. Virtually 100%of the counter is repeating it with different pattern (no free lunch). As always the invisible hand will manipulate to their advantage. Skill is require to survive. Buy at the right time & Sell at the right time.
LBS is a good fundamental counter, so buy when they support it at the lowest and hold, sell when they play up again. There is no other way
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....
klugman
600 posts
Posted by klugman > 2013-04-21 23:31 | Report Abuse
big dividend payment in months ahead when money from land sale in China is repatriated back to Malaysia