No news how to promote Vivocon in other counters? If next few quarters keep on improving, then naturally bees will come to this honey. But right now there are many sweet honey out there.
It seems like buyers are backing off out of respect to the operator.
Nobody knows how many shares operator has, but should have more than 2 billion shares.
With 2 billion shares, they can easily press the share price down to 2c and suppress there, which they have been doing for 2 years, or rotate and play another counter.
Operator has deep pocket anyway, can play waiting game for another few years.
You see XOX, last time few cents also nobody interested, now every day spike up , today already 0.175 also everybody chase to buy it... And it’s share price probably will continue spike up to above RM2.00 !
Don’t worry, Vivocom will be the next one that it’s share price will spike up to above RM2.00 !
Good thing is this company don't simply announce any tom dick harry kind of news to entice and trap buyers, just the volume speaks for itself. Wait for news on the 25 million RI proceeds to see the intention of their past actions.
Like I previously wrote, this is what I came up with to explain Vivocom’s elephant queues on both buy and sell sides.
Since 99.99% of share consolidation cases result in average drop in share price by 60% over the next 9 months, maybe:
1. Share consolidation rumour causing big shareholders to sell first and buy back later 2. Share consolidation rumour causing big shareholders to exit permanently 3. Share consolidation rumour causing ikan bilis to queue to exit (doesn't look like it's ikan bilis sellers though) 4. Operator using reverse psychology by putting up heavy sell queue, make us think there are a lot of sellers at 4.5-5.5c, baiting us to sell and they buy at 3-4c 5. Operator using double reverse psychology by putting up heavy sell queue, make us think they're trying to collect at 3-4c, so we buy at 3-4c, but actually they just wanna clear their shares that they bought at 1.5-2c
Then just don’t every minute stare on the buy queue vol. & sell queue vol. lor...
Just concentrate your work earn more monies... Once it reach your selling t.p just sell it or once it reach your buying t.p then just buy it... that’s it !
Useless. Since you've wasted your time and energy digging and wanted to expose my postings which will not make any sense if don't know what's really happening with this counter, I need to thank you for following what I've been posting all these while. Thanks Useless.
This counter, kena ikut time. I'm stuck here for a very long time. So, it's my frustration on what has happened and what I wanted to post about it over here. (Didn't ask anyone to follow but free to comment and criticise) If the current situation permits for this counter to go up (Shark kah or real Order Books kah), I will take it. Who don't want, please tell me? I just cut my losses and make something instead of nothing @ 0.01-9.015! I'm not even looking at 0.30 kah or Rm1.00 like some over here promoting. If touch 0.10-0.30 in the short/mid term already happy to get something back after 4 years. Hah!
This 'Huat-Hust-Huat' thing over here I've been listening for the past 1-2 years, Than got rediculous TP like until Rm1.00. Hello, please be reasonable lah, You got 6 Billion shares issued. This one memang need Sharks to play. So, follow the tide. Let them play and whomever wants to jump in, feel free to gamble.
High cost holders will not exit unless the gang do consolidation and RI to push down another round, but not easy coz people like Darth and Siva68 already consider the money dump into sea. New comers may exit now while still can, else later may get caught by this industrial freezer.
Like all esoteric teachings say, let the devil run dry of their food!
HighFive: please read some Chinese articles or google the term 'market maker' and how they put out all the so called huge buy/sell queue bid (as part of their legalized job). This is not the short selling etc that most know about, but a different side of the market world which many don't even bother to care.
That is why so many people got stumped by those huge buy/sell queue out of nowhere that cannot be explained and then start saying many sellers, many buyers etc, but my guess is this is the work of them in cahoots with the sharks. Just a simple 15 minutes of your time to put your google skill to work! The info is really out there for you to find out.
This is also why staring at those queues don't bother me as much when suddenly huge buy/sell bid appears or disappear 'magically'.
This company has got nothing to show besides their 6 Billion shares issued. Bulk of it is with the Company Directors and they cannot sell. They have their Sharks on how to move and dispose towards the not knowing Retailers. You'll want to buy than know how to play and Tanam these Directors in their own game.
Own summary of the term market maker (note that this is legalized and not your usual idea of operator/shark/market maker manipulation etc): - main job is to provide liquidity in the market - also to prevent large price gap up or gap down since they set the opening buy/sell bid - earn the different by buying from you when you panic sell, then sell back to you when you chase high (they buy lower, and sell higher here): this point also explains the scenario when they press down for you to panic sell and push up for you to chase high - can sell to you even without having actual stock, this is the 'loan' scenario. However, they need to buy back the 'loaned' stock within a certain timeframe (this timeframe is not mentioned anywhere at all so can assume a very long period): this also explains the scenario where they can play with you for years and years - earn some commission from this job function
Having knowledge of these mechanisms helps to ease the mind: 'oh so the market maker is in the game now' and not having to guess - big buyers is here already! accumulation and push on the way! or - damn too many sellers! time to exit!
No shit. It is real then. Price is likely going to drop back to 2.5c soon. Lucky for those who have sold at 4c earlier. Will queue and buy back at 2c or 2.5c.
Plan: trigger negative news of consolidation/RI, price can go up or down depending on gang's share situation after news is out
Objective: 1. trigger another round of waterfall as a psychology attack to big old holders since they are used to the current price level even if it falls to 0.005. Options for the big holders: a. sell (gang wins by collecting your shares) b. subscribe RI (gang wins by collecting your money) c. don't do anything (tremendous psychology impact due to the price having much more room to fall in a SLOW and PAINFUL death) 2. trigger another round of the most cruel way to raise fund via RI 3. once the dust settles, if still insufficient shares are collected, sustain for few more years using RI money before the next plan 4. if sufficient shares collected, prepare for a new pump and dump plan
In all the situation above, this is a truly cruel battlefield that the big holders (note: non-gang) don't even stand a chance. Best of luck to everyone!
Looks like more selling down at 3.5c n Sell Q at 4c jumped by over 100M shares from yesterday. Definitely a sign of something impending. Consolidation looks real and near. Better to play safe n get out whilst still got buyers at 3.5c n 3c.
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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....
Useless
191 posts
Posted by Useless > 2020-07-17 22:51 | Report Abuse
Siva68 like my ID?