Usually big player wait till near 3 or 4 o clock then start entering to catch panic trader that want to clear before the day end. If you track back this week and last week alot of big volume buy happen near the closing time to clamp on t3 buyers and panic fish selling.
Alot of profit taking now, because people are unsure of the deal. But wekeke we got rough info from my friend in the industry, can be more calm and carry on. These profit taking is good also, set a new support at 0.6 to 0.625 , so when price soar in can reach 0.9 or so. The volume needs to distribute or accumulate for a new high price. Sit tight and enjoy.
sitting very tight now. I just moved to Oslo 2 months ago, and woke up at 4am to check the stocks. Oslo is 6 hours behind KL. however the exhilaration keeps me awake! :)
but how if P1 and Digi are not talking about acquisition/buy over, they are doing some sort of partnership? how will this affected the share price? any idea?
I think most player here are worried and cut half and let the other half float. Some that got the edge of info are clearly grabbing more. But it really boil down to you if you can stomach the trade or not. I advice peep to do some real physical research. Like asking your friends working in digi or green packet or the spectrum building industry, get some insider news on the industry. They know well. Then you can collect more calmly :)
Just remember share price does not reflect the company value. It might be under or over value. Right now when you buy into gpacket the only thing you're thinking of that value is their awarded spectrum for lte and it has quite a good coverage overall. Even if this time the deal does not go through you still got p1 spectrum to hold on to and definitely a future dealing.
not yet, but volume stay strong, price stay strong in between 0.61-0.63, its a great sign for me. now just waiting for the Gpacket announcement (either deal success or burn) to indicate next action.
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....
thinkbig
151 posts
Posted by thinkbig > 2013-10-04 10:56 | Report Abuse
we need a big shark to break through it!