This stock keeps rising at an unbelievable rate. I wonder what are the factors that cause the rising other than some speculators are cooking this stock, or that the current price is too low like some other I3 commenters said.
It's a futile attempt to push the share price down to $5.60 with just 100shares. It is so minscule, it is liken to slow a an elephant by putting a small bag on its back. It's quite clear whoever who did that wants to buy a low price.
I wouldn't worry about it. Prices are not just up because of speculation. They are up because of earnings. As i said in my earlier post, the best way to protect yrself against a falling ringgit is to buy companies whose assets are outside of Malaysia and whose earnings are in USD.
Now $6. After staying below that for entire CNY, it has resumed its uptrend. I think a target of >$8 shld not be a problem as the USD continues its appreciation.
RM8???? Beware!!! US Westport strike had caused thousand containers delayed over months and is affecting LTHB's sales as some buyers may cancelled orders as the strike is expected to prolong to end of 2015.
I have said before Latitud is the ultimate winner in furniture stocks! And i also said that export driven stocks will go through sell off as ringgit strengthen!
Those who listen to me should have made huge money in Latitud, I was promoting Latitud way back with OTB! Latitud was only 2.00 then! And I was right when I said to sell Latitud as ringgit strengthen! My intention is purely driven by ego and free guidance to newbies! With hope that you will make money and make donation to unfortunates!
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....
paperplane
1,403 posts
Posted by paperplane > 2015-02-26 12:30 | Report Abuse
too high I think, sell and switch to Pohuat better, or other stocks