Most stocks are dropping because of full MCO speculations. If you can hold, just hold and patiently sail through the storm. After the market recovers later, the reward should be good. If you can't, just sell. Simple as that. I've been holding Mestron since 0.185 and I will continue hold until warrants are issued.
kctrades, i enter at 0.30, however i got confident towards the management of this company and the future business revenue n profit. and most important, this company is also 5G related right? Correct me if i am wrong
Further to that tomorrow is public holiday so many will clear the holdings. lets see how the sentiment for this counter is on Thursday. I believe it may move higher
sentiments and market direction kinda volatile and money flow is directed to only certain counters. Plus this being the month of May never the less its ending...i foresee early June will bring this counter into perspective.
Yup many newbies would have cutloss and lose money today morning, well unfortunate for them, well for seasoned investors and traders looking at what happened on 18th Mac 2020 they would know what most likely would happen today and would have been prepared with bullets. In trading its not always about FA and TA only, experience plays a very crucial and important part on how to react to Catalyst in order to perform the proper analysis. So remember newbies FA+TA+CA..then only solid!!
Latest announcement... waiting for shareholders approval of bonus issue on 18th June.... likely all will vote in favor... free warrants getting nearer...upside movement of share price soon.... please push it above 0.60.
Yup AGM confirmed on 18th June and bonus issue of 1 warrant for every 2 shares is confirmed. Now only remains the Ex Date for warrant issuance which we will probably know after the AGM.
Kennieyue. The EGM tomorrow bro.. Wait for the EGM first..the purposed of it is to discuss about their proposed bonus issue 1 warrant for every 2 share holder..many will que to buy to get the warrant..
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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....
kctrades
18 posts
Posted by kctrades > 2021-05-21 10:37 | Report Abuse
Most stocks are dropping because of full MCO speculations. If you can hold, just hold and patiently sail through the storm. After the market recovers later, the reward should be good. If you can't, just sell. Simple as that. I've been holding Mestron since 0.185 and I will continue hold until warrants are issued.