All the profit you gain from this counter will return back with your capital together to the trader. Now realise is too late, cant escape from the trap.
From the price 0.12 drop to 0.065, many people buy at every price level to average their buying price thats why the price drop like no bottom. Who are doing that will lose deeply
Actualy the problem is not the price drop, the problem is the price drop to the lowest price but wont rebound. All your capital freeze in the counter become dead money.
Not to worry, volume trading downtrend for 3 straight days including today has crossed over 56%. That means next week could be U-TURN. I still hold my shares.
Pang and his cronies have succeed thei plan and would buyback. Hence, increase their acquisition.
Ppmaster why are you so kind to inform us all this ? any benefit to you or you are also part of the syndicate to driver fear so more sell next week and then when operator stomach full...in 2 weeks...up again....ha ha just a thought ...no offence....
Jaddish1970, haha , yup why i tell you all the price moving in advanve, i jus dun like this trader style so i just give some advise here, but i know many of you wont listen, many of you jus will continue follow your own experiance and way to invest. Everyone also they they are smart and is the best. Only me think im a fool
if it is being the same trader running this company shares, please check the sister company shares trading. all showing similar pattern. Earlier today, no recovering sign and had to cut loss around 25% but better than now or next week if to sell at buyers at 6c, 35% loss.. capital might be freeze for a year but no one can say what is the next low, it can be 6c or 5c or as low as early this year around 2c and the gap up maybe 6c. so you might want to wait until very low before averaging and then wait again for another sell time..
Won’t go lower than 5cent. But will consolidate at between 5.5-6 for quite sometime. Cita will dispose entire stake and leave. This is normal what will cita do.
who wants to buy when it trades at 5c/6c when large shareholders are not keen to play? Eventually the small retailers, they themselves want to cash out and it lowers the share price beyond 5c. Good luck for those holding. It was wrong time for not getting out on-time, burnt our fingers.. could have sold it on Wednesday evening/Thursday morning itself..
Come on. The gang will never leave all. Cita sanichi mnc pang all control by pang as well. Mark my word. Cita will leave the game only but still pang controllling
Cita disposed, who acquired? Pang? No announcement yet that Pang has disposed even those shares he acquired on the same time Cita acquired.
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Posted by jagdish1970 > 2020-10-16 15:47 | Report Abuse
next week goreng time....crispy some more....load more now...take a gamble why not ? for fun