2 factors I can see... the operator successfully created fear but they are actually buying big time. Second is t3 and t4 people who just keep dumping due to force selling. One is fear, second is force selling. These MxxFxxxers are collecting big time at the bottom...
Be careful guys... i m having a bad feeling that its APFT all over again. Who knows, maybe the same syndicate. Dont worry @carot, I got badly burnt in APFT previously, thats why I tried to calm people down here and not get trapped.. of course I hope that EKA rebound back to 0.20 but in reality, it might never happen. Might even break its all time low..
All these thoughts are very valid. At the same time, I think about the other side... these MxxFxxxkers are buying and accumulating. When ppl sell due to t3/t4 and due to fear, somebody must be buying right? Swallowing in big quantities. What is this fellow going to do with it?
Of coz to make money.... how to make money leh? Have to bring it back to higher price.... it's only a matter of time... KBB is not going to go bankrupt. It still has a business to run... just trying to think from the other side only....
It might not work that way... I think the person buying and selling is the same group. They r not accumulating but actually distributing. For example, today we saw that there was a huge buying at 0.17 till 0.18. It can be that the left hand selling and right hand buying but at the same time bilis like us would have thought that its actually a rebound so we join in buying. So by us buying, the total share holding by the syndicate will be lesser hence distributing their shares.. It goes all the way down to the closing at 0.15.. Now the only hope for those who are trapped is pray that the game is not over, and the syndicate push 1 more time to around 0.20 before clearing everything..
Someone mentioned apft... I think apft no more core business after the flying school has no enrolment.... this one still has a business.. no doubt it's making losses... but there is a business... so... not so bad la if take up also... I think I will just take up and forget about this counter until all the ups and downs are gone... then plan exit strategy... walao... really heart attack and really telan all the ikan bilis money
Pls refer to the volume of past two week. This three days volume are ways higher that previous two week average. There might be changing share from left to right. Refer to today volume someone are actually accumulate for the round. This ur last chance to run dude
Here, we r gambling with syndicate, not investing and we all know that! If syndicate so nice to us, how they make money? I'm waiting for it to go even lower to minimize loss.
If they change left to right... still they r holding it at .23 .17 .18.... they still need to push back up to make money.... I'd rather they are still holding... and now accumulating ... at least they have to push up to realise their profits
Often time a stock price is NOT directly reflective of how a real life biz is doing. Eka is a loss making noodle co. And it actually went 0.265 just a few days ago. Why worth that much then, and today 0.15?! Any change in news or profit? No mah!
How well a stock does depends on how geng public think it is. And if a syndicate is willing to play it. A ctr can be 1 sen but operation wise, everyone in staff & mgmt still gets paid every month. It can keep buying raw materials. Just that otang suppliers. Accumulate debt. Public money mah.No issue.
What we r doing is actually gambling on on line bursa casino. QR is rubbish. Just a front to push up/ down a stock. Usually stock playing is the work of a syndicate, not owner. That's why owner usually answer no aware what's happening to bursa's UMA.
Posted by spectre007 > Mar 24, 2016 05:16 PM | Report Abuse
Of coz to make money.... how to make money leh? Have to bring it back to higher price.... it's only a matter of time... KBB is not going to go bankrupt. It still has a business to run... just trying to think from the other side only....
i too hope there is another push.. I think it just an impression that someone is buying.. to recall back on how i got burnt in APFT. At first I saw daily a huge volume(>10m) parked and the buyer slowly collects them all.. I thought that its a good chance for me coz i can follow the person to collect.. But after few days I noted that the price will go down 0.01 and the same pattern of huge seller parking and buyer slowly accumulating... Thats where i made mistake... i followed the "accumulation" By the time i realized that the buyer n seller are the same group, I was already badly burnt..
I think it this way, EKA started from 0.11 and the accumulation continues till 0.20..meaning the syndicate will have an average of say 0.15-0.16
Lets say that the syndicate had 10m shares collected and now waiting for distribution. 1 most common way they do is that they push the price up and sell down. When they sell 10m shares at 0.18, they themselves will buy back 8m shares making an impression that "somebody" accumulating while bilis like us will end up holding the 2m shares. Then the same when it goes to 0.175 and so on.. Because their average is much lower, they can have the leisure to keep on trying the same pattern.. Thats why I kept on asking not to support...
But looking at the positive side, there is a small differences between APFT and EKA. APFT had a quite long accumulation period but EKA not so long which is why makes me wonder if the game is really over or there might be another round.
Just sharing my little opinion.. I hope we keep this platform clean. Not like APFT, too many idiots talking nonsense making a proper discussion impossible
Of all counters, I don't get why they choose this one to goreng. Some more extreme El Niño effect in the Northern states may affect paddy planting. This co needs rice to produce noodle right? Anyway... Let's hope the game is still on. And members here didn't lose much.
Stock quote. ..thanks for the sharing... very informative indeed. Let's hope there's another round or even many more rounds to come. But because my t3 is tomorrow, I have planned to take everything up instead of selling it to whoever is collecting at 0.15 or even 0.145
If indeed it's turning around, take this way - invest and wait for a real good quarter, instead of gamble on tomorrow outcome. Like that very stressful one, since up/down is out of our control. Bilis vs shark, sure shark will win hands down.
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....
FX Lee
5,194 posts
Posted by FX Lee > 2016-03-24 16:55 | Report Abuse
u cut i eat