Morning all! Today SGB upper limit revised by only 25%, from yesterday 1.26 to today 1.58. However, within 20 mins after market open it already reach 1.43. I challenge it to touch 1.50-1.55 today! As for WA, yesterday's lesson taught us that it has a slower response because yesterday the WA only start moving at around 10.50am. So, be patient today. We may see it drops back below opening price but hold it tide until noon lunch time. We may see the fireworks come in at 11am.
Jstockman Agree with your analysis rMoi, but you don't forget who is doing the goreng? You and I and other public investors? Or the operator? Today they goreng the mother, tomorrow they goreng the WA, and if they decided NOT to goreng the PA. Will you still make money despite your analysis all correct?
"We are small fish, we follow the flow of typhoon." 25/04/2016 12:58 X Jstockman Another reason I prefer WA than PA is, there are 52mil WA shares compare to 522mil PA shares in the market. 10 times more volume but only half the price (0.115 compare to 0.295). So which one is easy to goreng? should be WA right?
Big shark is laughing because whoever easy to be shaken by the UMA news will sell back to the big shark. After big shark accumulate enough, give it another push, whoever sell at 0.29/0.30 will buy back at 0.35/0.36! Tada!
yes tamarindo, they are playing = big shark is operating the WA. They want to make small fish think that it is dropping, so that many more small fish will sell to them for their accumulation. After they accumulate enough, they will push and price will go up 5 to 10 cents within few minutes. Those who sold previously will want to buy back but have to buy at higher price! That's how they make money.
i got no intention of spreading negative news.. if it fly up, then i give my sincere congratz. but if it plunge down.. just don't regret your own decision by blaming others. if there is a gain, just take it and move to another counter..
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....
Wei Jie Yau
5,418 posts
Posted by Wei Jie Yau > 2016-04-26 09:20 | Report Abuse
I waiting warrants