@hh223, I think the operators is still able to maintain the price around 20sen to make a profit of 10sen (100%) plus free warrants which might trade around 10sen (7 free warrants for 12 rights share).
They can still make lots of money from this exercise if they are able to convince more retailers, traders and newbies to come in, by churning out more news and announcements on MOUs, Collaboration Agreements, Asset Acquisitions, etc
A double whammy. Another shooting star has formed today after a monster one formed yesterday. First pitt stop 0.21, next stop at 0.15. Dump all n lari kuat2.
Godblessyou Pity those who chased high yesterday...
------------------------------------------------------------------------ I don't think many retailers trading in this PALSUKGB last few days. Probably, it is right acct to left acct transactions by the operators,
The moment I see above 0.30 keep flying, I already don't dare to touch as just too high risk to get in but obvious high gain or high loss awaiting anyone...
MSW is part of a syndicate..AT was subsidiary of Malaysian AE Model, went bust and owned banks RM500m. The people behind is related to few listed company bosses. MSW is the front man
This stock rise fast but drop also fast. So there is people gain big and loss big. Today closing is bad but we don't know what operator what to do tomorrow, maybe they want to push up again then push down to dump stock or maybe they already gained enough profit so tomorrow continue to sell the stock. Whoever bought this stock should know its like gambling, so no need to complain how operator con your money.
I bought at price 0.235 near closing and I bet tomorrow operator will push up before next drop. Have to monitor very closely cos very volatile and cut lose at 0.215..
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....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-07-14 11:50 | Report Abuse
@hh223, I think the operators is still able to maintain the price around 20sen to make a profit of 10sen (100%) plus free warrants which might trade around 10sen (7 free warrants for 12 rights share).
They can still make lots of money from this exercise if they are able to convince more retailers, traders and newbies to come in, by churning out more news and announcements on MOUs, Collaboration Agreements, Asset Acquisitions, etc