@scjm.. Sorry dear friend.. If you followed my posting, I mentioned earlier that I don't know about technical analysis... Only technical person can projects the price with their technical knowhow..
But @Kanger lately, from 15 sen top, down to 5 sen and for a while transacted around it. Today, it's pushing up... Still don't know what happened next...
Yes, we are extremely scared as if we dont know what we are doing. We know the risk when we bought in. Come on Mr. MZM, its a penny stock, we bought it because it is highly manipulatable, high risk high return.
As I said before, this suspected manipulated upward momentum created at BPuri also could u-turn to the downward one.
What happened @Kanger several weeks ago... Those substantial shareholders (Kuah Choon Ching and Sii Tung Nai) disposed all their shares while Kanger share price is higher in tandem of the last upward momentum @Kanger counter. I suspect whether those two coincidently took the oppurtunity to quit at higher price or should there any involvement from insiders in the process of pump and dump by operators before they dump their shares off @ Kanger counter...
Similarly @BPuri...
I would like to warn, if there is any same process of pumping the price @BPuri will be followed by the disposal of shares by insiders. At better and profitable price, they will sell the shares with a good profit. As I said before, BPuri is dying and it has a high risk to do consolidation or PN17 ..... It will be a long years for the insiders to see the turning operation of the company in this state of fundamental. Instead of probably listed @PN17, the better solution for BPuri to propose is to do CONSOLIDATION.
Do you feel that major shareholders (which want to quit) will wait for the second option (consolidation) or to sell their stake in this upward trend (with a lot of profit) ?????? The U_TURN in the upward momentum will occur follows by a pump and dump activities, the downward momentum will arise......
WHAT WILL HAPPEN TO THE SMALL INVESTORS WHO CAUGHT ON THE TOP OR IN THE MIDDLE OF THE CONDO ??
Just to remind newbies about a past technical analysis by tklim @Kanger a month ago... To be fair, his analysis also must include the possibility that BPuri also can u-turn and go SOUTH. Kanger u-turned from its uptrend to downtrend just within A Day!!!!
It also can be happened @BPuri because I don't think this upward trend is a NATURAL UPWARD TREND but its ONLY a MANIPULATIVE UPTREND in a FUNDAMENTALLY WEAK company....
Do you think that, NEXT the operator WON'T SHORT BPuri???? What is so special about BPuri??? ---------- Posted by tklim > 16 hours ago | Report Abuse
For me, I would like to buy Kanger (I think it's probably in a reversal phase from downturn to upward again) instead of BPuri (I think it's already at the peak price and probably its ready for a pump and dump phase). TAYOR
Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... Bagi peluang operator jual dalam keadaan volume yang besar. Bilis yang masuk perangkap sahaja yang KEOOK. He He He. TAYOR
@sang jero.. Actually the technical jargon like you should know about the meaning and able to interpret this "overbought' information. It gives a negative results, therefore you buat-buat tak tahu.....
""What is Overbought? Overbought is a term used when a security is believed to be trading at a level above its intrinsic or fair value. Overbought generally describes recent or short-term movement in the price of the security, and reflects an expectation that the market will correct the price in the near future. This belief is often the result of technical analysis of the security’s price history, but fundamentals may also be employed. A stock that is overbought may be a good candidate for sale.""
------------- """"This belief is often the result of technical analysis of the security’s price history, but fundamentals may also be employed.""""
Note: BPuri is a fundamentally weak company, therefore the negative effect of OVERBOUGHT position could be very severe..
@sang jero... Agree... Because the promoter will buy the shares at low price, and starts promoting. They will be saved, even there is a pump and dump occurs..
But, for NEWBIES, BEWARE... Jangan masuk jaring operator... Nanti KEOOK... Perhaps its not occur..
pump and dump to be valid the key words are that the price movements have to be FAST and DEEP...bina puri is special as it put puri on the table for us to enjoy
@scjm.. Sama saja kawan.... apa yang berlaku dekat Kanger sebulan lepas..
Posted by MZM2511 > 16 hours ago | Report Abuse Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... Bagi peluang operator jual dalam keadaan volume yang besar. Bilis yang masuk perangkap sahaja yang KEOOK. He He He. TAYOR
Posted by MZM2511 > 22 hours ago | Report Abuse But @Kanger lately, from 15 sen top, down to 5 sen and for a while transacted around it. Today, it's pushing up... Still don't know what happened next...
@scjm... Itu sekadar technicals sahaja dari awak.... Technicals sebenarnya sepatutnya dipengaruhi oleh pergerakan fundamental. Jika tidak teknikal baik hanyalah teknikal kerana manipulasi oleh pihak tertentu. I look for good news @Kanger. Fundamental aspects...
WHAT A PITY -------- Its already a history. But because I believe on Kanger fundamental, I just sold half of my holding whwn it started to downtrend... Also reloaded some @5 and 5.5 sen...
you could share your thoughts but not necessary to continuously repeating the same stuff over and over ------------ NEWBIES saya harap dapat kenali dengan lebih benar tentang BPuri. Ia bukan untuk awak.. Awak dah tetap dengan kepercayaan kepada teknikal awak.... maka teruskan untuk terus berjaya.. GOOD LUCK. Just ignore my repeating comment.. Ia hanya lalat berterbangan di halaman rumah.
trader/san/lim/jett/mee.....nothing moves in a straight line...so be very alert for a pullback...if buyQ at 9 drops very rapidly to 1 mil...support at 7.5/8*/8.5..on the other hand a doji was formed 2 days ago and price purportedly expected to fall but it did not thus far so the bear could not push price down with a stop loss at 10.5/11..so watch the price to respond accordingly
Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... Bagi peluang operator jual dalam keadaan volume yang besar. Bilis yang masuk perangkap sahaja yang KEOOK. He He He. TAYOR
@Kanger lately, from 15 sen top, down to 5 sen and for a while transacted around it. Yesterday, started pushed up.... Today nuetral ... Still don't know what will happen next...
Pump and dump (P&D) is a form of SECURITIES FRAUD that involves artificially inflating the price of an owned stock through false and misleading positive statements (pump), in order to sell the cheaply purchased stock at a higher price (dump). Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small-cap cryptocurrencies[1] and very small corporations/companies, i.e. "microcaps".[2]
The SC and Bursa Malaysia have recently identified a blog ‘Bonescythe Stock Watch’ which was found to have published various articles that contain statements and forecasts that were misleading and deceptive, an offence under Section 178 of the Capital Markets and Services Act 2007 (CMSA). Following SC’s intervention action, the blog has been removed.
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....
scjm
2,591 posts
Posted by scjm > 2023-12-18 10:30 | Report Abuse
berdasar kpd fakta bukan emosi dan teka