That's the correct strategy....better to sell other counters and buy Bright now....do it slowly as the leech will be pressing down the price to convert the SIS at lower price.
This counter is for mid to long term and you will need a little more patience. Ricky is making money thru unscupulous means by diluting other minorities.
Its quite true and should to apply the sell in may and go away strategy here as of now.It is best to come back end of July to see what has bright turn out to be based on their latest quarter report.Whether Wong is so powerful who can turn bright down to upside, only figures well tell..
Fortune you can't compare Amedia and bright based on SIS as their performance is different..Amedia is in a shit business as digital out of home requires hell lot of capital, which Wong has got none...thats why all the placement and SIS has come about...
Wong is genius? Come on..bright chart analysis looks like shit as of now and getting worse n worse everyday..Just use 3mil of stock and this counter will go down to a level that no one has seen before..sigh!Don't just look at the price comparison cos even 0.625 is a low price which in the past has seen stability, it doesn't mean it will not go down further....end
Fortune if you are buying at current levels on bright i bet you are a punter as well...well as for me i am giving at 0.50s...if it really drops to that level, well might as well buy the warrants...happy trade...
Fortune leech is sleeping with the bulls now..Bears are running lose in the mkt.Give leech a 2nd chance maybe later..go for short holiday n come back in 2 weeks..
I have given a whole mth for a change..did it happen?Even greater paper loss..yah right...you just come back to get quick bucks and ask for support now...truly i hope it comw true for you...
If you are the hen at least u still have eggs besides chicken...bright is a hen and Wong is rooster so ideally bright doesn't need Wong to lay eggs or hatch chickens right? Ppl in the industry knows there is no magic to bright so sales should be good and bad which highly depends on the management...
If the SIS is out next year...then i believe you it may be 80 sen. If it follows Amedia...the SIS will be very soon and it's unlikely the 5 day wap will be able to reach such lofty level.
This ah wong funny loh, amedia dun do, go do packaging. Now amedia no more in action in anywhere i see. If he focus well in amedia maybe now amedia one of the mainstream media liao. He just want to goreng stock only
I think the price for the SIS would be around 65 sen. The price has stabilised at this level for about a week now. Less 10% discount, the leech will get it for less than 60 sen. I won't be surprise if he will come out with more private placement in future to further dilute existing minorities.
Ha ha Steven..sometimes these sudden push up is to make ppl more confuse. We will have a better picture once they determine the SIS and private placement price. We'll see whether they priced it for their cronies advantage or for the minorities.
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....
manutdchampion
425 posts
Posted by manutdchampion > 2014-06-09 13:35 | Report Abuse
should cut lost already paper loss 15.23?