When the news was announced, many quickly bought and CAP gapped up because of the good news...then suddenly some people quickly profit take and it make a u-turn. But the bonus issue is actually something good for the company to enlarge their share capital.
Some smart people sold when they got the bonus announcement. But CAP is already at the lowest 30.5 sen support level. Why still selling? Some people started buying after hearing the news. So there is 2 school of thought. Buy on good news or Sell on good news. You decide.
Obviously some1 pushing down d price at last min..since last week same pattern. Maybe to create panic sell so they can get more at low price or something not right with the company. we bilis dont know. But free bonus 9 for every 10 is attractive. But again if smthg wrong why credit suise acquired a lot?
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....
aziz47
456 posts
Posted by aziz47 > 2015-07-01 06:48 | Report Abuse
today look good. Monitor CAP, Bintai wa and ifcamsc. Good luck.