Becareful of all the "good announcement". Even letter of award can be rescinded by MCC. The same company that anzo wants to collaborate to do the job. Mind u that is letter of award not letter of intent.
Like previously said, when u start believing sharks will push it down, he will push it up, but when u start to believing he can push up to 18 cents based on historical price... he can play a trick on you buy pushing it to 15.5 cents and create a volume frenzy.... when u follow he can just drop it mercilessly to 12 cents.
Good luck and be careful. Trade this only if u are in front of the screen.
looks like it take more than a miracle to up 0.180.... today happen again.. quietly lower support to 0.120/0.115 already... very soon reach 0.100 lo. Matter of time in hours? break 0.120... shark wants ur shares at discounted rate
I like reading comment from happy888 so thank you happy888 !!
1) Are you an investor or a trader? 2) You want to look at anzo as a long term investment or short term trade? 3) Sometimes they think like an investor and start to trade. Sometimes think like trader but start to invest. - Appreciate if can you please elaborate on this please?
if you still confident, don't only promote this stock, tell us you average price you hold, your trade strategy on this counter, let newbie to learn. Don't guide newbies to Hollan. thanks
md1961... i am happy888. Trading strategy very different than investing. My mother is a classic investor. She bought PANAMY when it is RM10. Kept is all the way until RM40 dont want to sell it. When drop from 40 to 30 she also dun want to sell. She has been keeping it for 10 years. That is classic warren buffett style investing. Find a good stock and keep it forever until something really bad happen to the company.
I am direct opposite of my mum. I found out i am a trader. Never keep stock for more than 4 days (use to keep losing stock like anzo for 8 weeks). Cut lose no matter how painful. When win a few bids will back out and reenter at a lower price. Case in point. My philosophy, cut a stock if 1) it moves down 4 to 5 bids 2) if it does not earn money (means same price after T3)
If you want to trade, be prepare to cut loss and dun average down. Especially like anzo. If you are an investor.... whatever drama unfolding today, u will just close the monitor and go do your stuff and come back again 1 month later to decide to buy or to sell.
Trader depends on trend and volume with less FA of course. Investor do not need to depend on trend. AS long as good FA will surely earn money.
Hence like Hstha, he talk about FA. what anzo should be. But is he investing or trading. If investing he will put his money in here and leave. Dun care what happen to anzo. go to sleep or not, dun care. Come back next month or next year to reassess.
Truthfully speaking, i have never met an investor who says anzo is good la for investing.
steady la @admant, I know its gonna go down to 0.10 (or lower) So i check every (hourly I suppose) just to make sure it goes down and only decide if I wanna buy more shares at that low price.
win888win, catching rebound is very tricky. more so for anzo. Unless it shows me it can break double resistant of 0.18, then only i will masuk. Because by pushing it to 18 cents, the operator need to use a lot of money, no point for him to push it down. Even if i am buying at 18 cents, i will sell at 21 cents. Just 5 to 6 bids enough.
@adamant, true, but see how it goes, I not sure why they wanna press until so low if they not pushing up (maybe not now) but maybe 12-24 months times only up?
Get anchovies money. up a bit, a lot will go and catch it thinking rebound. Just need to up 2 cents and then dump back to the traders they will earn quite a lot. Wait for it down. Collect tickets and push up and dump back. So to make sure they dun dump, need to see true breakout of 0.18 double resistant. By then they would have to absorb a lot of anchovies dumping back on them, no point to dump it back.
Adamant(happy888) is a straight forward guy that directly get to the point,i know him quite some time already in this forum.He just talk about facts and don't play mind game....really nice.
I think the stock price will rebound at 0.12, but I will not spend time here often. I don't think meaningful arguments have been going on. I will not waste time here. Many people here just speak ill of the company and mislead people. E
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 > 2017-07-04 23:44 | Report Abuse
Never mind. Traders can hold the stock just for a week or so. Its not like marriage.