I opted to sell at 43 c coz averages 10 c will be credited to the already 79 c stock , making my total to 80 c equivalent to the price I bought earlier at 80c . Fair and square....
i feel something wrong with this company.. selling their treasury shares at damn cheap prices. why do they sell treasury shares at such low prices ? desperate for money ? they should buyback instead of sell treasury shares. i cash out with losing money.. something is very wrong.
( Like to share my view at below for our Huat EGgsy Golden )
TA wise : E.g. has been well holding above it's Mid B.band @$0.680 for the 6 consecutive days, commencing from it's Ex-Rights of 18/9/17 , with satisfy vol. Done.
Price Action during Week 1 since Ex-r.i. : Noting that, price was lowered by only 0.015 from it's adjusted price 0.655 ; And closed with gain at 0.690 with 23,667 lots traded at the same day. It was noticed E.G. price has been holding very well with 0.695 closing for the week.
Summary : My Observation from most short term indicators has shown a ticking up pattern on most graph chart. This further suggest a Strong Bottoming Out of a long consolidated counter for almost 1.5 years since it's peak of $1.26 in Jan 2016. Tomorrow likely to attract investors to book their entry forward prior to EG start breaking away from It's Upper band at 0.740 of which will confirm a Strong upward to the 1st TP @ $0.790
Suffice to say, my Ultimately TP @ $1.12 seen to be 1 step closer. Forecast for 2nd week closing shall be at least 0.740 xp
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....
John Lu
5,187 posts
Posted by John Lu > 2017-09-21 22:11 | Report Abuse
Ven sifu...Eforce!