it dropped from 0.40c til 0.10c.. is an extremely speculated goreng counter which u must set stop-loss jst in case,,, i doubt it will rise tomorrow but pls pray hard..
IRMGroup will drop back to around RM0.11-0.12 and later go-up again. Despite still at RM0.14 after dropped 0.03, it was still a bargain for me after getting a handsome volume today. Next week will be the biggie. Just watch out for the big investor. Target price next week RM0.24-0.26
So far the most manipulated stocks in the market, the syndicate has been pushing the stocks since 20th february 2013, then pause and continued to early march 2013. This is the 3rd round in early April 2013. Today's volume is all time high for the last 2 years but closed in negative territory. Most probably the last round before closing shop. While the volume is 2 years plus all time high, the price upwards momentum is just not there.
Subject PRACTICE NOTE 1 / GUIDANCE NOTE 5 NEW DEFAULT IRM Group Berhad ("IRMGB" or "The Company") wishes to announce that the Company's subsidiary Industrial Resin (Malaysia) Sdn. Bhd. ("IRMSB"), a major subsidiary of the Company has defaulted in its' repayment of the following trade facilities to Hong Leong Bank Berhad (“HLBB”) and Al-Rajhi Banking & Investment Corporation (Malaysia) Berhad (“Al-Rajhi”) (collectively known as “the Banks”):-
looking at this current market many players got trapped with the pn17 or pending 4 pn 17 or winding up pennystocks...so becareful...newcomers especially playing with this kind of stocks ..get advice from experienced players that can be trusted...gud luck
don't be stupid buying at 0.08...are out of your mind...it's me who bought most at 7 cents then its me who sold a lot at 7.5 cents so it will go down...unfortunately it went to 9 cents ...and its me who 1st make it up buy buying 100 unit at 7.5 cents then also bought 3000 at 7.5 ...stupid of me it then went to 9 cents...still got little profit
no cyclical...just like ingen...put your order at 9 cents...after a week u'll sell at 9.5 cents ..this has happened continuosly for months...unless they shift the base to 8.5cents... while irmgp...6.5 may be a new base and new low... just put your order GTC... so u will q days before
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....
peter123
2,125 posts
Posted by peter123 > 2013-04-04 17:13 | Report Abuse
sell before too late