I am sure if this counter move up fast again to 0.36-0.38 that many holders will sell it quickly in anticipation it will drop again to the current price level! with the intention to buy back cheaper !
Usually a potential stock which has the expotential growth rate will shake weak holders at very initial stages out of the game, good example stocks like jhm, notion!
Why u all so worry ? I bought when it was 0.31 and it drop to 0.23, I still kept it and average down. Now back to 0.34 and I still holding it and keep topping up. You all takut apa??!!
Believe it or not, if this company has sucsuccessfully shown better turnaround results in coming quaters of their new businesses , then it's possible it will become a star performer!!
Golden opportunity to accumulate this counter as the players have pushed ups & downs to collect more to prepare for next up trend moment! Collect when it consolidate downward! (:--
I am convinced that i have purchased the right stock with exponential growth opportunity and ups & downs to shake out the weak holders was another evidence that the players wanted to remove some noices in this counter. What is needed now is the catalyst either good improving coming Q results or Bursar 's approval for the purchase Fintech company with cash & shares (value at 0.31cts) totaled RM12M.
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....
TongKee Yam
305 posts
Posted by TongKee Yam > 2017-05-12 19:03 | Report Abuse
You see, the movements confusing.