This is a roller coaster counter that one mistake entering at the wrong time, you stuck forever unless you keep buying more and more to average to catch that short moment of rebounding to throw out, the same experience before all this consolidation, from 0.075 drop all the way to 0.025 previously, then consolidation from 0.20 till 0.50++, then bonus issue, 0.10 to range between 0.13 to 0.075, you just never know thinking which is the lowest price possible......
Cartel of loss making lapsap penny stocks has improved their goreng strategy. They don't have to goreng a stock to very high price to make money.
They prefer to keep the stock price low. Low price will need lower fund to maintain and lower fund to goreng. They are here for gamblers, punters, short term traders or dreamers who think of getting rich by 500 or 1000%
They don't need to maintain high price to attract or impress real investors.
Goreng from 5sen to 10sen has same profit margin as goreng from 10sen to 20sen which would require twice the money needed.
Just now is panic sell caused by rumours spread by Gtrade, is Gtrade work for Ppmaster who is a professional manipulator of shares to make his words come true at 6.5C?
It has charged up when I wrote it, but was charged down by rumours 15 mins later. Now it change to wait and see how many people are being scared to panic sell down again.
Ya, richman, we must come out to point out rumours, a lot of retailers being scared to sell until 7.5C and then the shark push up to 12C making 50% in just a few days. They are coming for the 2nd time.
Ppmaster, don't dream la, nobody will sell at 1/2C with a warrant that still has 3 years unless Mom drop to 1C. There is no such history for such incidence before.
You can go ahead and buy 1.5C n press down selling at 1/2C, to prove yourself right. I will be so glad to get it from you, thank you in advance.
Ppmaster is waiting to buy WA at 1C, that explain why he kept giving advise which I didn't ask for. I am Queuing to add 1C also, whoever want to sell you are welcome.
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....
richman
10,110 posts
Posted by richman > 2021-09-21 11:25 | Report Abuse
more buyers less sellers is normally distribution