Same gangs still talking?? I already said or hint on monday that NO more oil n gas from now, yet you guys buy further ??? When goreng time principles also run you think good or bad ???
If UMWOG is worth 1.00 , do you think the sharks will push up the share price all the way up without any correction ??? So the retail buyers can just buy and keep without suffering then sell back to the sharks at high price ???? The sharks buy back at high price and later sell back to retail buyers at low price ??? A little bit funny ???
Think again Directors have been taking profit since last week, but y only announce today Haha Coz they want to create panic and buy back stocks they sold earlier So why sell them cheaply when they want to buy? Just hold on and buy if it drops further Buy at near record low prices and only sell when its above RM1!
Ppl like to argue if big boy dump out 20 ml shares n do you think the buyers is stupid ?? Actually it happen everyday in many counters esp in pennies. Actually 20 m of umwog is not much lah, the most is rm9 million, 20 stupid margin holders can makan loh. In pennies say dbe 50 million shares also like kacang putih to another stupid single margin holder loh. SO THE ANSWER IS YES THE BUYERS IS REAL DUMB N STUPID !!! Our bursa infact got few thousand stupids buyers leh !!!
1) The syndicates waited until the last few seconds of the trading day to eat up 10 million shares. They did it this last minute as they assumed that many has closed their trading portals and would not notice this. Isn't it obvious that they are controlling the sell down and in the end eating up all the 10 million shares while still leaving some 9 million q? Look at the analysis below. 1167 buy trans, 53 million. Do you think retailers can buy up to 53 million collectively? Furthermore it is evidenced that the last 10 million was eaten up at the same 4:59:36pm second.
2) At the same time while controlling the selldown, they are still maintaining it exactly at a famous Fibonacci retracement ratio of 38.2% ? Do some research yourself and you will get to know that stocks that are uptrending like this, which is breaking out of a rounding bottom, will mostly retrace until 38.2% before rebounding. Therefore today is possible a selling climax. Looking at the bigger picture, we are now still at a rounding bottom breakout, which is at a parabolic upwards phase, therefore any price corrections will likely be very minor such as 38.2%. They are likely to control the selloff not to break below 0.41 or 0.40 so as to maintain the uptrend move of the overall graph.
3) For the very simple logic of, UMWOG hit a high of RM0.48 while brent was still USD67.xx. With yesterday's brent of USD68.xx and, at the time of writing now, at USD69.xx; don't you think that the fair value of UMWOG should exceed RM0.48? Heck, we reckon that at the momentum of Brent oil nowdon't be surprised if you wake up tomorrow morning seeing that it has already break USD70. Therefore the fair value of UMWOG, according to the highest price 2 days ago, ought to be at least RM0.50.
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....
Ken Ken
46 posts
Posted by Ken Ken > 2018-01-10 21:50 | Report Abuse
Really will fly??