This really make me curious to check about short selling,but this short squeeze won't happen here, this stock not in the RSS approved securities list. Only the stocks that in RSS approved securities list can do that.
The stok price is likely to rebound between 0.12 and 0.14
tecp0wer wrote:
XOX's rights issue entitlement date was 18 Jan 2016. (Subsription price : 0.20) The least value between 18 January 2016 and 21 October 2016 was 0.13.
The least Anzo stock price during the last 5 years is 0.12.
One thing I noticed that some people here misled traders about rights issue. The stock has priced in rights issue several times excessively They continued threatening trades with rights issue over a month.
On July 2013 Anzo gained funding through rights issue. The subscription price was RM 0.25. The entitlement date was 30 July 2013. The stock price was RM 0.23 on 3 September 2013.
Now the stock price is RM 0.14 with recent many good announcements and the last good QR. The subscription price was RM 0.20. The stock is too oversold. The stock price should at least RM 0.20.
Don't make it too complicated,the stocks often affected by dilution and price decreased of rights issue,try to look at ORION,the price can dropped from 0.400 till 0.170 within a month,that forum not much discussion and just only call for buy and then add some more afterthat cut loss and then buy some more and lastly ask about what happen.
There is no need to argue. In a quiet market, share price tends to overshoot on the downside by the deliberate (pressing down) action of the operator, esp over the recent listing of the rights issue shares. Over a longer term, share price would move higher if the fundamentals really improve.
In fact, at this price(below rights issue share price), only weak holders and panic sellers are cutting loss. Whether it is a wise move, only time will tell.
good morning. buy if u day trade with high risk tolerance.. KIV if you are like me, swing. Like i suspected last week, support line drop every week. From 0.145 to 0.140 to 0.135 and now 0.130.. seem like the operator dun wan to tank. resistant at 0.145 but at anytime soon more retailer will fill in 0.140, kiasu escaping.. all the best.
A moment ago, suddenly "someone" cancel aboout 20k lots at 0.135 then suddenly 0.130 top up alot. any meaning a? sit on fence better oo.. let watch.. if wan enter, buy at red... anyway it just too dangerous even for day trader.
anzo is entering sleeping mode now,likely supported at 13cts,but but upside is capped at 15cts.tecpower at 4.50pm u eat 100 share at 14cts ok....hahaha
not sure how many of u were here when anzo fell from 0.6 that day. i was about to go in around 0.45 but there's one ppl here keep shouting don't buy. I am really thankful to him now.
If you're trading solely based on comments on i3 investor here, you're gonna lose your money. Trading is a job, not a game. Do your research and analysis. Go to classes.
Dolly_Chai2 Apollo Ang.. I have not seen a single constructive comment made by you, which is supported by real fact... On the contrary, folk like Skliew has shown us real fact...
Which point/info that was shared by Skliew was wrong? If you act like a mature adult, you should point to us which part of it was wrong instead of simply talking nonsense like that...
i really wonder what your intention/personal agenda is... 03/07/2017 15:54
guys since a month now you are all involved n pointing figure to each other, please stop these nonsens and share with us something usefull to think about..i support Betta68 with his claim to sue ANZo operators, ANZO and Bursa Malaysia by not issuing UMA... will fill a claim too..
I dunno who is the troll? I predicted today close at 14cts,tecpower eat 100 unit at 4.50pm.....don't be jealous cos u can't even predict the price yet dare to tell people to buy
misled? I told u to sell anzo at 25cts, u keep telling people to buy? who's misleading who? u said anzo 30cts, I said 15cts,who is rite who is wrong? we don't like liars here
aiya, I do not complain Apollo lah, I wish he can recommend good counter for Anzo holder to consider. I don't have problem with anyone lah. Even have different view point. if really want to consider anzo, wait for reversal trend. average down is a worst idea.
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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....
VenFx
14,784 posts
Posted by VenFx > 2017-07-02 15:04 | Report Abuse
Bad karma is the only ending for u , tecpower .... Biggest liar in i3 now .