Instaco losing is past history. Now the company turning into giant construction company and could beat any of the current peers. Valuation is up the ante and you will see it thru 2016.
If study the trend of newly listed counters, their prices will actively move up above the prices on the listing day after several days in trading. KTC perhaps will move up above 0.40 when such time comes. Those who can hold, perhaps this is the time to accumulate between 0.31 to 0.33 for not miss the boat, which this counter to hold on strongly....
Coz it is a fake support. Trap people to buy above 0.30. Once distribution is over, they will press it down. Down all the way to 0.20, perhaps. Then consolidate, after that only move up slowly. It is still a 100% profit for those IPO holders. Trade with care
Many cina pek counter like tat lo....scnwolf is 1 of example...next round surely press down 0.29..0.26..0.23...0.20...0.19..0.15..then take few year when go mainboard then up again... Big players non-stop selling till 0.15.
Overwhelming of IPO application, collect more when it fall before too late! History show that low price IPO stock will just rebound high without giving signal!
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....
fyda74
226 posts
Posted by fyda74 > 2015-11-26 12:18 | Report Abuse
alphajack, insider news? :P