there are many possibilities... n one cant be 100% sure. one of the possibilities is that the syndicate purposely parked more than 12m shares at 0.165 so that contra players will stay away and not gamble in buying at 0.155 and 0.16 for quick bucks while at the same time, the syndicate accumulate. Its a long shot but we never know
However close we r to our fund manager, by the time he tells us the "insider info" about any stocks, the syndicates would have collected their shares and waiting for distribution..
Btw guys, an ex-syndicate did inform that the syndicate usually do follow popular blogs/forums to know how's the sentiment of retailers(or bilis)... So if the syndicate is reading this..... I would like to say "Hi" :):):) Do show some mercy.. hehehehehe
big bulk? more than 1m shares? did u Q at 0.165? Of course, u dont need to tell us coz its personal but will certainly help us in "trying to read" the buyer n seller vol..
stockquote logically speaking after 2days of heavy fall and confidence crisis do you seriously think it will move up a lot.It will be meeting a lot of big resistance from those who may have bought big like RK.Even !/2 cts UP is going to take a lot of effort
you compare eka with minetec and you can see the difference.One has been played while the other just stated playing.Which then will encounter resistance?
I agree richman... but i m looking at the point whether will the syndicate push further down. Coz i believe that even they selldown yesterday, they might still have some shares left. So with all the t3/t4 selling pressure, if it can still hold strongly at 0.15, then I might gamble.. a calculated risk.. Of course not with contra strategy but at the same time, not a long term investment. Buy and with a fixed cut loss price
but as u correctly said richman, many will be waiting to cut loss if the prices were to move up... but will they? greed might come in.. hoping the price will reach above 0.20 and to make things worse, they too start to chase high.
So from the little knowledge that I have, my advice to all reading.... get ur mind fixed at a price, whether to take profit or to cut loss and dont change ur mind
well if a huge buyer comes in... the only thing that I can say is that the game might not be over yet... But plz guys, do not follow my comments blindly.. As i said, no one can be 100% sure. The comments here r just sharing of wat i think.. n i can be terribly wrong. So if my comments goes wrong, dont come later n hentam me ok?? me NOT guru!! hahahahaha
I think stockquote has a valid point... BTW. . I have taken up my shares... and will continue to accumulate around 0.15 0.155.... maybe u can see my name in top 30 largest shareholders next year... then I will walk into AGM and screw the board for not properly taking care of shareholders wealth
guys... those willing to gamble. maybe can take at 0.15/0,155.. but with a cut loss of 0.14 max... if it closes red today, it wont look good next week either.. Good luck guys. have a game plan n follow the plan strictly. tc
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....
stockquote
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Posted by stockquote > 2016-03-25 09:47 | Report Abuse
there are many possibilities... n one cant be 100% sure.
one of the possibilities is that the syndicate purposely parked more than 12m shares at 0.165 so that contra players will stay away and not gamble in buying at 0.155 and 0.16 for quick bucks while at the same time, the syndicate accumulate. Its a long shot but we never know