Indeed everyone is waiting for bidding of NIIS. Ancomlb will most probably get from their new S5 company. Mid term should be very interesting! Can invest some as risk is limited,
No news no catalyst very hard. Many sellers who bot from 0.69 all the way to 0.35 all want to cut loss and exit at 0.4 and above. That was what happened last Friday
what if ancomlb is expanding into transporting dry ice / vaccine container? It will happened to be the next stock pick under the logistic industry once vaccine stocks rally started to cool down..
All those people who bot from 0.69 to 0.35 will cut loss above 0.40. Their average cost price is around 0.4 to 0.55. That was what happened last Friday. Many buyers but sellers all come in and cut loss.
So the best way to make money is to buy cents stocks at very low price n keep. So that when it explode, there won't be much sellers who wants to cut loss. The sellers who throw are those who want to take profit. This kind of stock has the worse combo. Sellers who bot from 0.34 to 0.37 all want to take profit. And then we have sellers who bot from 0.69 all the way down to 0.34. All want to cut loss. This is the worst combination of all. Strongest sell combo
Well,I guess small cap stock like this won't be gaining a consistent upward trend momentum (or strong buying interests) unless there are more meaningful catalysts emerge. Also, it's really kinda hard to predict the next thematic play with current market condition but what i think is that the recent breakout is quite healthy provided the vol is fourfold the average vol for the past 20 days. I think something meaningful may be underway...
I do not know when the sellers would finish their cut loss operations. But once these 2 groups of sellers(previously mentioned) are gone, this stock will have a high probability of soaring to mars
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....
doglover
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Posted by doglover > 2020-12-03 12:21 | Report Abuse
naive