haha ... shareholder buy back because need to support the price. otherwise their margin account will get force selling if the price drop somemore. they got no cjoice
the problem now is not about operator want to see shareholder get margin call. the problem is margin call is a vicious cycle. mean the more the price dropped the more margin call. then the more force selling. then will cause the price to drop more... then more margin call ... more force selling ...and the price drop somemore. its like a cycle. unless trend change and break the cycle
@ Trouble Huat, the operator push up intraday fake rebound to attract people to chase high and immediate sell down to take profit. Operator also do not want to stuck at holding stock at high price.
The impact is when more and more people holding stock at high price, weak holders will get margin call/force sell. The price then gets lower low overtime during a bad market situation. Now even worse, a great recession is coming.
When operator repeat the same tactic, there will be people also repeat the same mistake to chase high and get stuck, so it keep repeat the same cycle by itself, and situation get worse.
So in short, I suggest do not buy, as simple as that.
the more u buy, the more fund manager saying thank you to you. fund manager need to dispose their holdings, they only want CASH. CASH is KING during down time/crisis.
guys, during a super-downtrend, intra-day it will still fluctuate up & down, but if you ONLY look at daily lowest price (instead of intra-day rebound) and link it up as a trend, you will see the REAL trend :
Lowest Price per day :
Feb 26th = 1.34
Feb 27th = 1.28
Feb 29th = 1.19 Mar 2nd = 1.2 Mar 3rd = 1.22 Mar 4th = 1.2 Mar 5th = 1.22
Mar 6th = 1.19
Mar 9th = 1.08 Mar 10th = 1.01 Mar 11th = 1.12 ("rebound"??) Mar 12th = 1.05
Guy, recession now. Any rebound is key for escape. Because market still pending effect from the pandemic and yet here da rebound. So, for me best time to enter when vacine r introduce to market after mass prod. Good luck gauys.
beware, the coming 2 quarters result will be very very bad...... price might keep downtrend at least for few months..... no need to rush buy in now .....
yest ci dropped 25-30, price from 0.80 to 0.70. today ci up 84 points!!!. isnt it the price shld be abv rm0.80? seen that it is still weak. beware. given the pe29 now, if the coming results very very bad. then the pe will be alot more higher. talking abt growing, when mkt is in recession. where got grow?
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....
WilliamUsana
16 posts
Posted by WilliamUsana > 2020-03-19 10:41 | Report Abuse
@Maxprofit2020
Yep, hold zero Revenue stock until now.
Thanks!