yes, it's on the upward trend now.. but based on my observations in many gorenged counters (in general), around 9 am price is normally purchased pretty high, after that it dips a little bit..

yes, look at the buy Q at 8.58 am: 16 sen; wow!

yes frank, true, greed is no good (unlike what Michael Douglas aka Gordon Gekko's statement in the 1st Wall Street movie: "Greed is Good", "if u want a friend, get a dog"...) after all, i m reaching 1/2 a century in terms of age, already make enough for me and family. so it's true.

sunny, go for it. i like your enthusiasm. talk2pkc, u may want to enter again when the price dips..

good morning frank, yes i wish i had 2.9m shares, instead only 290K, however, already very thankful, paper gain of more than 10K already, will hold until the price hits the roof.

jantzen, please refer to akehlishi's earlier comment about this counter in the thread (i believe he's been pretty accurate, refer to his comment on GPRO). Pls also refer to Siow Wei Sen's comment (he's our unsung hero for this counter). i can tell u, this counter will not rise for just about few sen only, bcos it's on the verged of being gorenged. put is this way, it's being 'chased' (acquired) by so many people/punters now especially the last few days and a lot of +ve comments made in many forums. if u refer to bursa's announcement, 1 Tet Por Yee (i assumed director/major shareholder) acquired 26 million ++ shares on 9 aug 2012; Fast Global Investment Ltd (a foreign investment company) acquired 58 million ++ shares on 23 july 2012. all these developments r not mere 'coincidental' jantzen. something is really 'brewing'. besides, as i stated in my earlier post, this is a pretty good company with good fundamentals. it is also tying up with a big indonesian comany, PT Inovisi in terms of some outsourcing project and other related projects (ie, telecommunication services). as a matter of fact, PT Inovisi acquired 10% of NEXTNATION shares. so jantzen, based on all these, it's really worth to trade/invest in NEXTNATION now.

yes purebull, in this forum, we have traders, speculators, investors, etc. that's what make this forum very interesting and informative..

yes, correct. i do practice this in certain instances, and when we buy in big volume, this 1/2 sen strategy can generate lots of money...

yes namoyaki, we r all brothers in this forum. it's all about sharing info and avoiding pitfalls, different in opinion is very normal in any situation. "agree to disagree" or "disagree to agree" - i m not sure whether these r right phrases, anyway, the point is, sharing is caring..

yes for daily traders perhaps.. but i beg to differ (i m also a trader/speculator); for NEXTNATION, i intend to keep until it hits the roof.. (normally for other speculative counters, i tend to sell only after a few sen gains)..

yes siow wei sen, kudos to u. we need more quality people like u in this forum.. great bro.

98K shares walloped in 3 minutes at 15 sen from 4.28 pm to 4.31 pm; now at 15.5 sen.. fasten your seat belt..

53K shares walloped in 1 minute at 14.5 sen at 4.23 pm..

relax sunny.. NEXTNATION is a good company with good fundamentals. what i m saying is, this is a good counter. the price won't plummet. it's better for the price to slowly go up rather than a meteoric rise in its price..

yes sunny, i m in this too.. i've told u earlier, i m a speculator/trader, not an investor.

For those who r interested to make a few hundred bucks in stock trading, this is 1 of the speculative counters that i'd like to recommend. it wont be a goreng counter, but like i said, u can make some money by holding it for a short period (u may not want to play contra on this). 25.5 sen is a pretty safe price to enter. volume is not big, but price always fluctuates between 25.5 sen to 27/28/29 sen for the last few weeks. as at 12.30 today, the price was 25.5 sen.

congratulations to those who have purchased NEXTNATION.. more to come.. hang on to your seatbelt, oops i mean shares...

sunny, its ok, there will always be tomorrow, the day after tomorrow and so on.. cheers..

but kesian all the small fish lor datuk.. we should 'protect' them from being eaten alive by these big sharks..

sunny, i have 2 platforms now, jupiter online and M+ online.. both r very good. i used to use hong leong e-broking system..

but it's very difficult to con these big sharks datuk. it is not impossible, but it can be done..

yes, understand the meaning now datuk.. he.. he..

cheng cheng chia chia?? (sorry, no speaking huaren)...

agree.. a lot of their own hidden agenda in the 90s...

SCW - Dato' Soh Chee Wen, a corporate/businessman who was famous and oftenly associated with some speculative stocks in KLSE in the 90s; was allegedly very close to Tun Daim then...

yea, its true... INGENS & WA still steal the limelight for the time being. it has '9 lives', just like a cat... those with weak heart cant really go in..

yes sunny, my ave price is 8.5 sen, bought quite some time back. but i will hold until it goes higher than 10 sen. if the price movement is too slow, i will sell at cost and switch to NEXTNATION. as u may be aware already, i am a speculator and a trader for the last one decade, not an investor..

he..he.. 'relax' sunny cheng.. it will move naturally..

UTOPIA is moving now, 8 sen, very big volume big 'walloped' now..

be careful forumers; it may be at the tail-end of its' gorenged life-cycle already. i wont go in now if i were u

IMO, 12 sen - 12.5 sen is a pretty much 'safe price' to enter, bcos the price is on the uptrend now. but if u want, u can try to queue at 11.5 sen, but i don't think u will be able to get it, unless i m wrong

i would go for mother share instead of warrants since the price differential is not much, i.e. 12.5 sen and 9.5 sen respectively; also, if u look at the volume last friday, mother share's volume was very much higher than the warrants. but it's your call.. i would say, if u have $, u can buy both..

purebull, it is true being gung ho is a good strategy with a tiger instinct. since getting involved with KLSE more than a decade ago, i've been pretty much dabling in speculative shares. from my point of view, the only thing one has to be consistent when dabling in speculative shares is to monitor daily the price movement using the on-line system. bcos we never know if one fine day, any crazy fellow in this world will decide to drop a massive bomb somewhere, resulting in market turmoil for a few days. i still remember 9/11. it went down like crazy the morning after the incident (9/11 occured at about 8 - 9.30 am US time; night time in Malaysia).

sorry franksoweto, it should be read as 290000 not 2900000. error is regreted. early in the morning, still in the daze.. he he.. my apology; as i mentioned, i shall top up more next week.

yes, everyone will be happy with NEXTNATION when it flies, i already have 2900000 shares which i kept since a few months ago. i will reload next week some more shares. to franksoweto, purebull and other forumers, selamat hari raya and drive safely.

purebull, very true indeed. in my case i bite the bullet and 'go for it'. but i always have plan 'B' in case price drops tremendously. besides margin account, i also rely on my cash reserve, cc, loans, etc for my contra account. it works a few rounds already - UTOPIA, TIGER, MLAB, MBF-WA, etc. i always buy in big lots. but got 'burnt' also in some counters, ie. DUTALAND-WA bought around 8 sen, went all the way to 0 when it expired in Apr 2012. Got burnt by PATIMAS also. rule of thumb, never catch a 'falling knive' counter when the price comes crashing - it will 'kill' u.

the higher the risk, the bigger the gain will be

i beg to differ. it used to go up to 11/11.5 sen a few months back (around Feb); hopefully it will go up again in the future; subject to some good news to be announced by the company

samsu, sorry.. what i meant to say was: SYF & DPS normally will be 'goreng' together. u could see SYF when up about 5-6 sen on Wed and yesterday, DPS started moving also. watch out for DPS today and next week also potentially.

my remisier is promoting this counter. she said some good news will be coming up in the next few weeks

its 'sister' counter - DPS starts moving also

NEXTNATION 'engine' is warming up 10 min ago (4.18 pm) .. volume is picking up.

the last 'goreng' was 25/26/27 April 2012; the price went to 10.5/11 sen..

Anwar, FLONIC starts moving already..

CP Teh, kudos to u. I enjoy reading your blog. i read it daily. keep up the good work. God bless u my bro..

7.5 sen can be considered the 'right' price to go in, but i may be wrong (this price is a 52-wk low price; it has been hovering around 8 sen for the last couple of weeks). I've been monitoring this counter for the past few months. however, do take note that this is a very highly speculative counter. it can shoot up fast and it can go down very fast too. given a choice, u may want to chase other penny counters, especially those counters that were very active on friday (10 aug).

how about next week? any possibility for pre-raya rally for penny stocks?

u may be right. the price has been hovering around 7 sen for a long time

businesses and trade-related activities in this country is so "inter-twinned". hard to comment on all these.. a case in point, PNB owns Maybank (non shariah compliance). a lot of ASB depositors use the $ received from annual dividends to perform religious abligations..

fully support KC Loh's comments. kudos to u

technical rebound?

play warrants when the expiry period is still long way to go. otherwise u'll get burnt. i got kena with DUTALAND-WA, bought 8.5 sen, went all the way to 0.05 sen in April 2012 when it expired. loss tons of money