1. Nothing has changed in business n profitability since it was lingering a year at 0.17. Anything 0.40 n above is a clear cut financial bubble.
2. Operator playing speculative money game passing around this big bubble. As long as reception is good from punters, then operator can continue beating the drum. Tango in n out to the beats.
3. If the tango goes too far, rest assured that bursa will shoot a bazuka this time. First warning issued. 2nd warning issued. The 3rd one wont be any warning. You wake up to the bazuka one day n it will hit double limit down in an instant with zero chance to cut loss.
4. All hot bubbles eventually burst n return to its fundamental values. In this case, its 0.17.
5. If you enjoy active trading aka punting aka gambling, you should know that statistically, as per actual research, failure rates are 95 - 97%. Not only in bursa, but across markets all over the globe. You make n lose, make n lose n the losses would far outweigh the gain as time goes on.
The operator earned tons of money from naive retailers already ... The PP is just a trick, I wonder who is willing to pay 1.30+ for it ... Eventually the price will go back to below 0.20 ...
@Jeju88 Tomorrow limit down would be 1.31. It's happening again. PY1818, I believe so
Sentiment BAD now.
According to chart, Last time dataprep limit down from 2.50 to 1.80 then next morning limit down to 1.25 in first 20 minutes. At limit down price there are no buyers only sellers suddenly buyers come back and bought all limit down shares then price go up to 2.15.
Can happen again, you never know. If limit down i buy a bit and see what happens . If price go up, i will add bit by bit. Don't want to be greedy. If greedy and go all in at limit down price, may get stuck at limit down price.
Later if price go upto 1.90 i sell. That is my plan. Always not be greedy.
At least buletin give verdict UPTRENDING from 0.90 to 2.00 on wednesday. If anyone take profit while can, sure can make profit from 0.90 to 2.00 at wednesday.
Overall, I myself make more money despite losing rm 1,900 today on dataprep.
That is why i always say PAPER PROFIT IS NOT REAL PROFITS. Take some profit first and leave some share for further upside.
Dataprp is fun and interesting. Fun and interesting for watching and cheering from the sidelines. If you participate, make sure you have a heart of steel.
You can see volume keep coming in 5 minute chart... those who are selling either scalper or weak retailer who can't stand holding...just hold until next week guys...
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....
DreamEmperor
3,340 posts
Posted by DreamEmperor > 2021-04-23 00:06 | Report Abuse
gamblers will always be gamblers