no more consolidation...now it distributing stage......sindiket almost wash all their ticket already...dnt be silly to catch bottom and hope for rebounce..if tht the rebounce it will only a small rebounce...
why drop so much? it will drop back to 0.18-0.20 level..back to accumulation level of stage 1...it a life cycle of a penny stock...and it a pattern of most sindiket....all those "good feel" news is a catalyst for them to build a canopy....if u look back at their chart a nicely form canopy ...in hk they call it "tak pang"...canopy will be completed when price back to 0.15-0.18...and then sideway until the next catalyst come...but by then sindiket already cabut...
they can build a canopy with help of bursa in issue UMA...to sell down....fast so ppl hv no time to sell..they sell first...u guy go and catch failing knife...hoping for rebounce but they keep exiting the ctr
perwaja...same pattern...so as pesona....a healthy normal ctr bearish mode will not be like this...it a trend of a sindiket.....so many long red candle everyday...crazy
The drop was to steep & too fast. I bought 500,000 shares at 0.22 & 0.21 just now. Try my luck, let's see tomorrow. If drop again, I have nothing to say
waiting to sell when it rebounds tomorrow. They purposely closed low at 0.21 just now. Not many lots were transacted compared to their distribution done at 0.25 for whole morning. Don't think we are stupeeeed. We know what you think. Expect rebound tomorrow
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....
Mr J
34 posts
Posted by Mr J > 2015-05-06 09:12 | Report Abuse
Huge sell........ Knew it....