My Johor Sifu used to tell me this first mover secret
He said if a company suddenly announce good news like fresh job awards, bonus issues with free warrants or a special dividend act fast to grab cheap shares before Big boys are buying
He said being private individual investors we can act freely and decide very fast. Within seconds with the click of a mouse we rush to lock in shares at low prices before they are rerated by Funds or Analyst
In a Big Fund no one can decide arbitrarily by oneself
The board of directors must first convene a formal meeting to discuss a particular good stock to invest or a bad stock to discard
And to do so they need a quorum...that means that if there are 5 directors making decisions they cannot have one or 2 present with 3 or 4 absent or else the meeting will be called off
So by the time they finally get their act together a good share would have gone up by at least 10% to 20%
So these Big Funds can never get bargains
Moreover, when these Funds take position they tend to move the market
Like Calvin buy call for Naim at 50 sen. Long after Naim had reached Rm1.10 only Big funds enter
And with their Huge Capital when they bought --- Naim went limit up!!
Sorchai retailers who joined at the top are the real fools
They should buy in fear and not buy during euphoria
For yesterday Redtone already announced a healthcare job of Rm130 millions which will translate to a 3.35 sen profit
Calvin happily bought more Redtone today
Later, much later Analyst will read the implications and rerate upward Redtone. Followed by Big Funds buying.
That is the time to be careful not to get carried away
For now if Redtone still unloved or sold down by itchy hands taking small small profit?
redtone guarantee up again today. sultan & vt in goreng mood now already got paper profit 1500. every 1sen up, speakup paper profit +1500. easier than rob bank. hehehe
This place really caught my attention. I normally attracted to good looking people..now funny people make me want to laugh. Normally after announcement share goes up. If it didn't something is not right. You boys just learn how to trade? If it happens today it is only sentiments.. Don't like guy who trick me.. Got cheated before :(
Berjaya share are big whereas Redtone share not much floating and stake holder buy at very high price.So possibility much better Redtone and easy to moved up.
Long term investor no need to worry cause there were once upon a time many counters make it very high. Skpress,Merge,Ifcamsc etc.So we leraned from experienced.
Daily technical highlights – (DAYANG,REDTONE) Author: kiasutrader | Publish date: Fri, 4 Oct 2019, 9:32 AM
REDTONE
Yesterday, REDTONE gained 1.0 sen (+2.06%) to close at RM0.495. Chart-wise, the share has been trading upward since January 2019 supported by increasing trading volume. Coupled with bullish MACD indicator, we believe the share could move higher to further test the significant high at RM0.540. Should the buying interest persist, the key resistance levels to look out for are RM0.540 (R1) and RM0.600 (R2).
rosdi stock market is abour buying and selling. You intepret wrongly possibility will loose money. You intepret right sometime still loose money. Best is investing only
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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....
calvintaneng
56,242 posts
Posted by calvintaneng > 2019-10-03 15:33 | Report Abuse
My Johor Sifu used to tell me this first mover secret
He said if a company suddenly announce good news like fresh job awards, bonus issues with free warrants or a special dividend act fast to grab cheap shares before Big boys are buying
He said being private individual investors we can act freely and decide very fast. Within seconds with the click of a mouse we rush to lock in shares at low prices before they are rerated by Funds or Analyst
In a Big Fund no one can decide arbitrarily by oneself
The board of directors must first convene a formal meeting to discuss a particular good stock to invest or a bad stock to discard
And to do so they need a quorum...that means that if there are 5 directors making decisions they cannot have one or 2 present with 3 or 4 absent or else the meeting will be called off
So by the time they finally get their act together a good share would have gone up by at least 10% to 20%
So these Big Funds can never get bargains
Moreover, when these Funds take position they tend to move the market
Like Calvin buy call for Naim at 50 sen. Long after Naim had reached Rm1.10 only Big funds enter
And with their Huge Capital when they bought --- Naim went limit up!!
Sorchai retailers who joined at the top are the real fools
They should buy in fear and not buy during euphoria
For yesterday Redtone already announced a healthcare job of Rm130 millions which will translate to a 3.35 sen profit
Calvin happily bought more Redtone today
Later, much later Analyst will read the implications and rerate upward Redtone. Followed by Big Funds buying.
That is the time to be careful not to get carried away
For now if Redtone still unloved or sold down by itchy hands taking small small profit?
Go Sapu from all weak holders and itchy sellers