DanielYapTY

Supermax foreign and fund shareholders should not worry - Daniel Yap

DanielYap
Publish date: Mon, 17 Aug 2020, 05:07 PM

A few senseless commenters have commented that Supermax will fall below RM10. This is triggered me to write this piece of shit.

As shown by the price chart today, the price continue to plunge below R17. In 5 trading days it has plunged 31%. This unprecedented crash shocked many fund managers and foreign investors, but not retailers.

As a result, many retailers continue to use a very powerful skill known as "average down" to double down their investment. This has shocked many fund managers and foreign investors as they were so shocked to be able to sell at a better price. 

As a result, a fund manager ranged me to seek my opinion. We were shocked by the unprecedented support and decided to use this opportunity to continue to unload our shares at better prices.

I utilized my skills on buying JAKS at RM0.50 and selling at RM1.20 in this situation and it has greatly benefited me.

I am sure this article will alleviate foreign investors and fund shareholders on their concern to not be able to sell at better price.

 

Discussions
1 person likes this. Showing 4 of 4 comments

samheong78

A few international fund manager just called me. They are thinking to support the price at RM14

2020-08-17 22:57

Goldberg

Breaking News-

Here is an interesting article on SUPERMAX

https://klse.i3investor.com/blogs/feliciawong/2020-08-17-story-h151238...

2020-08-17 22:59

TopEarn1

Look at who is the net seller before posting this useless blog. Retailer is the biggest net seller, so thus the gloves drop due to retailer.

2020-08-17 23:02

PN17Soon

Load of bull...

2020-08-18 01:08

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