My bad experience with this group of operators is: they are not serious in business, sign various MOU in tandem of market sentiments. Then push up the price. After that dump the price and declare MOU aborted. So many incidents and keep repeating the old mother stories. Just be careful and alert.
Investing.com -- U.S. stocks ended in the red on Monday, killing a rally after a report Apple would slow hiring.
The markets had been higher earlier as big banks kicked off another busy week of earnings and expectations eased about a big interest rate increase by the Fed.
At 4:05 PM ET, the Dow Jones Industrial Average was down 216, or about 0.7%, while the S&P 500 was down 0.8% and the NASDAQ Composite fell 0.8%.
Goldman Sachs Group Inc (NYSE:GS) beat expectations, its stock was up 2.5% after bond trading helped overcome weakness in M&A advisory. Bank of America Corp (NYSE:BAC) ended flat after its report also showed a slump in investment banking activity. Both had been up higher in earlier trading.
if the big shots are serious in metronic business,........they won`t play up the warrant to 25sent,.......they will buy more mother shares , keep it for future ,......the intention they play up warrant is to dispose mother shares,........they themselves are not confident in metronic future,......they may do share consolidation again like in XOX
latter you will see that mtronic using it rm160mil. cash in hand to buy XOX at 12sen per share,.......all money gone,........what to do ,......too bad!
dato` ong choo meng , dato` chiau beng teik don`t use this types of dirty tactics to make money in stock market,.....they struggle to keep their business growing,.........unlike the fintech crooks, they don`t bother about company business,......their business is only cheating, fooling investors money ,.........
if metronic too lazy to run business,......what they can do now are spend rm100 mil. to buy grab & alibaba shares,.......within a year, metronic will register min. rm100mil. profit,.........easy good job,......
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....
Apple2353
2,007 posts
Posted by Apple2353 > 2022-07-18 12:04 | Report Abuse
volume also vanished liao...