The article is very old. The managing director and everything about the company have changed since then. Don't hold a grudge against them for a long time. It will not affect your life positively.
anyway this stock is an election theme play stock, 2 times already before election will push up,pump and dump style and let retailers hold until the next GE.
No new negative info, right? The same people have been writing negative comments on Anzo constantly. That's all. No fundamentals have changed. Investors sentiment has worsed since yesterday? Haha. All negative aspects of the company have been priced in.
Newbie...few negative comments in the forum won't move this counter price easily,this stock transaction can trade few millions share within a few seconds ,do you think your comments can affect this one.
Tecpower = gooman... writing style is the same. Last time i ask myself the same question at the price of 42c, 36c, 30c, 25c... why operator wants to press down the price? The answer is simple.... create attention and fake rebound to trap more newbies. Currently anzo is like a cow and they are squeezing it dry. Who controls it? A very powerful and heartless operator.
for a high risk counter, becos you take higher risk, price should not trade above it's nta. PE should be far less then 10, prepare to cut anytime when price break your limit. at the end, your decision and at your own risk.
All bad aspects of the company and rights issue have been priced in. That's why the current value is close to the lowest during the last 5 years. The stock price cannot drop more than 50% due to only rights issue, and rights issue cannot be priced in several times.
dont be disappointed....you r falling into the operator trap...just assume you pay tuition fees to learn,and some co will do a corperate exercise by consolidate 10 lots into 1...very scary!
tecpower, actually i support ur words. this anzo has almost reach rock bottom at 14.5 (support level). however, i think this stock wont rebound for at least another 2 month.
Actually I want to say 1 thing. When all of you start to project your thinking that 15 cents is the lowest, the operator will know and trick you all by testing your patience later. He will throw down to 12 cents and see how you all react. And then slowly rebound back to 16 cents before bringing it back down to 14 cents. This is the standard operating procedure. Find someone in the forum to tell you all that current price is the lowest. Trust me when it reach 8 cents, someone will come out to say this is the lowest price in the last 8 years. Then operator wil play the final trick of 6 cents and go to sleep.
@apollo ang, i definitely agree wif u tht this is a pump and dump stock. n tht currently it has no future at all. but wif all these RI and warrant C. there should be wave coming. jus not this coming few month. mayb end of the year or nx yr. i see thr is an opportunity at 14.5 but i wont buy though. cos right issue at 20c and current price 15c. definitely alot ppl throwing at therefore it will go down. jus dont touch it at the moment.
those who bought the OR not lose that much also. at 15cts and assuming the free warrants at 0.08. 0.15+0.04cts=0.19 only lost 1.5cts not even 10% compare to others penny stocks down during that period
Apollo. Only if you assume the warrant price can tahan. What if warrant cannot tahan and get thrown down to 1 or 2 cents, and mother drop to 14 cents? Convert the warrant or throw it away or keep it? This question also hard to answer.
sorry I was wrong for a moment thinking the conversion is 10cts. even then it wouldn't be 1 or 2 cts. I think 3-4cts. I think the price for tomoro will be support at 14.5 and 15cts.it reach almost bottom but only think is don't expect it to rebound a lot. I think it will take sometime
Okay so adamant, the operator plays with your psychological level.
You think 15-he throw 12. You think 12 he throw 10. You think 10 he throw 6. You think 6 he throw where ? 0? So anzo is worth 0 and all their assets is just junk?
The operator will throw but he himself has self interest. If his average cost is 12-15-he won't throw till 0 cause it will impact his profits. Imagine the operator go and report to syndicate. Mr. Syndicate-your average cost is 12 and I manage to throw up to 20 cents all the way down to 6 cents. It's idiotic-might as well just throw down to 12 cents breakeven then hold. Once retailers come in-then only start throwing again.
Buns... i am adamant. Calculation is not that simple. They slowly let go their hand share and the pull off the support line suddenly and they pick back up at lower value. They will then push up the value a few cents and let go their shares at hand before withdraw their support again. Operator can burn a bit no prob. But retailers once reach a certain level will cut loss.
those who stuck at high price hard to sell. so the operators buy and make 1 or 2 cts each time, 10 times they make 20cts already while those stuck still cannot get out
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....
tecpower
3,536 posts
Posted by tecpower > 2017-06-21 23:01 | Report Abuse
Some people tell you to invest in only good stocks. But the view is quite narrow-minded as all types of companies need to gain enough funding.