Been consolidating / sideway trend for couple of months now...

It has broken EMA10, 20 and sitting on EMA30. 3 black crows is shown now and whether it ends the day as 3 black crows remain to be seen. I queued last week but did not hit my EP, am sidelined for now.

Am thinking of picking up some of this stock for mid-term...queued today but did not hit my EP....will queue again tomorrow

It really depends how one interprets it

Before the disposal, Theta is a low float stock with 2 biggest shareholder holding about 68% of the shareholding

After today's disposal LTH still holds 32.18 m which is about 30% (from 38%). ZA still holds 19.5 which is about 18% (from 30%). So about 20% has been released to the open market

Low float stock = Smaller number of shares available to trade in the market

It is going to take time for the open market to absorb the sudden increase in stock

No one has a crystal ball, just trade safely and within your risk appetite

yep whales have left but who is buying that many shares...

Bottom or not - just becareful
Heavy selling but someone is buying but at a pushed down price

I guess people like Hoot9Yee has no morals
Hence, please take loose advise / comments over this forum with a pinch of salt
We do not know each other, who knows what the intention is

Just play carefully, who knows where the bottomline is...
Take comments here with a pinch of salt...we have been hearing rebounding, buy now etc since RM1.50...

Not sure, but just monitor and good luck all...
Agree with @FollowKing - take profit / cut loss as deemed necessary...

@suprnoob - exactly

Plus although they disposed they still have substantial shareholding
Just my view that someone is buying...retailers can't absorb that many million? Not sure...I am just a noob investor but playing according to my own risk appetite...

Before the selling today, the public shareholding spread is low....with the selling (although I am not sure who bought - us maybe haha) it increases the public shareholding spread...

@Abba84 - google is our best friend.....refer to this link if you cant see the announcement in i3investor coz i can

https://www.klsescreener.com/v2/announcements/stock/9075

I am of the view retailers cannot absorb that kind of shares being sold....but i may be wrong....

Interesting...

Any insider info will not be mentioned here for obvious reasons

anything is possible....LU or LD....just play according to your risk appetite

yep, i am holding tight for now...

not sure - i am also wondering what is the news...

yes, still waiting...

really LU

i am still waiting....holding tight....

am waiting :)

oh my...i wonder what is the story behind this....

i am still holding on to my small small amount of shares ....
let's see what is the news ....

any news? suddenly spiked...

wow - i got 795 sen just in time before someone wiped out the rest and up it goes now....

sharp drop today...most likely due to RCPS

oh my i have not visited this counter for a long time and it is 2.5 sen now? i feel for those who are trapped and hope there is light at the end of the tunnel after consolidation

freefall drop today...but someone picking up the shares...

Enjoy your dividend payout!

agree, so far its well supported at 0.27 !

Although volume is low, I think accumulation is in progress. Free float shares is low at 31%, hence, rather quiet counter.