No worry for those who buy high, just keep. Sooner or later price have to adjust according to earnings n fundamentals, just cannot remain too long at this price.
Alot of people here talks about Shorties but only some understand RSS (maybe 1%) Current RSS are done by GLC and bankers with License. Most likely they bought at much higher price ( 7--8 ) so they unload these high price shares to the market. They will Buy back exactly the same amount of shares ( cover back ) when price reached at ( 2.5 --3 ).... Technically the nos. of shares in Free float market remain the same ( start of rss and ends of rss) but these GLC had actually average down the holdings....
However when free for All RSS ( general ikan bilis are allowed to Short ) Scenario changed
GFThe price now is at the lowest level since its last year peak, if shorties start to cover back some short position at this low level, how shorties make loss? They make huge profit, only the trapped glovers here making loss bcoz many have bought at high price and continued top up along the price dropping, now trapped as price now long term stagnant downwards can't go up high already. 13/08/2021 10:43 AM
im77, to say supporters are happy if covid spreads would be the same as saying doctors hoping for more to get sick,and pharmas happy if new variant emerge and psychiatrist happy to see more mentally unstable people like you. NO?
The question is why must Bankers chase up the price when they already recovered their shares? Let Earnings and announcement lift the market price. You think pump and dump no need money and risk.....90% ikan Bilis are very, very smart
habisglove, you're another cheapskate who was told to post RM3 for 50 sen. And you want to claim you're so clever to predict??? My god! Go fly kites lah or go jump in the lake!!
Sm21 oldm at least inform his action whether b4 or after it is up to us to feel contented level need not be told. I focus on 7113 7081 0093 seems quite some positive news
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....
investmalaysia77
128 posts
Posted by investmalaysia77 > 2021-08-13 10:47 |
Post removed.Why?