Throwing at 0.190 but a few lots only. Must be IDSS working to create investors to panic and sell. Me queueing to buy. Come come throw more. Waiting for my turn.
BEWARE ... Wowww.... nice.... bought then flush by selling all.. Others CL.. Then price drop. Then bought all together with other retailers... Then SELL all... Other retailers CL. Then bought at even lower ... Flushing could be continue again ... untill the counter price low enough the shark will sleep only to wake up later months where it will collect profit should there be any other whales coming... else.. the counter will be dead..
Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
Temporary solution which will not work in long run. Maybe lee himself is pushing it down to collect cheap. He has done it before, I will not be suprised if he is doing it again.
sardin81 Just remove all your sell queue.. let them buy back high 06/03/2020 4:14 PM
Selling 1 unit at 185..will trigger a lot of contra cut lost.. Next monday idss sell morning 185 and buy back afternoon 16cts..until knm price will same price like Yongtai.. 0.06cts
close to 70% of the trade volume today is IDSS buy & sell. they successfully push down the price to 0.185 (lowest) and closed at 0.19 (those still hold at 0.4x, 0.3x, 0.2x should be panic by now).
with more & more retailers day to day being trapped in to chase high (when the price seems like rebound in early morning) & being forced sell (when the price drop to lower low at closing), the price drop even faster back to 0.07 target, it means 100% of those who hold stocks will be either cut-loss or on paper lose, easily more than -100%, worst case -few hundreds %.
I wont post here anymore for now... if I post, I will surely promote KNM and alot of weak holders may jump in and will cause more damage if IDSS attack again. Better let KNM be cleared of all of them. I will try to work out something outside...just wait for announcement.
you lagi work for something else? i heard this from you since last year until now still price drop.
Don't blame downtrend on retail investors with "weak" holding power la....do u think the collective thousands of lots they sell or buy will change anything? The sharks call the shots and set the price target and momentum. The so called "weak" holders who sold at 0.40, 0.30, even 0.20 can buy at 0.185/0.19 now....their funds would have been trapped and sitting on unrealised or realised losses....now they can buy more quantity at lower price...they may secretly be thanking the sharks.
Lets come back when price bottom. I believe recession is near the corner. 10years cycle is here. Been waiting long neck and finally arrive. Mark those good share in your watch list and earn good money from this rebound.
the recession is already here i hope recovery start point is with 2-3 months more than that i will have to sell some at a lost, all my counters are red dip at an average 40%. what to do when you play sometimes you fall not because of you most of the time, some time its the weather.
What lah sardin81, you are jumping into your own conclusion by saying I am using both accounts to give myself a compliment. If you can trace the user here, why don't you trace who the general lee is using nickname for this account. Or General Lee could be you......by asking people here to sustain the price so that he can easily wash hand using other proxy accounts.
I have been a supporter for KNM but unfortunately my research told me KNM has yet to perform against the price it was. I decided to sell because I saw something was wrong.
Again, I reminded people here but most of them were dreaming KNM could hit RM 3 and I found out that it was totally nonsense which was strongly recommended by sardin81.
It is better to wait for the next AGM only you decide to buy. I have not seen any updates since AGM was conducted last year. Many promises are still pending on hold.
These are times when u wish u have not taken any position with any stocks....have lots of cash ready to sapu good stocks at basement prices...Many will also be tempted to sell to cut loss and stay on the sidelines till the dust settles...
If anyone here is playing contra or cannot afford to hold more than 3 to 6 months...best don't buy in yet now...buy closer to 0.10 (0.08 to 0.12).....safer cos less downside risk...at most u lose a few sens only....but massive upside potential...means massive gains....this is NOT a buy call but just in case u are thinking of buying now...when downtrend is still underway.
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....
scrown
344 posts
Posted by scrown > 2020-03-06 15:50 | Report Abuse
Now the IDSS traders sell down on small lots basis to induce investors to throw out