Need to know why still a lot selling despite DL has surrender! Look like Could be another substantial shareholders sold its shares! But this time more than DL!
* No sign of DL selling except his son * That tells you DL does not have intention to give up his shareholdership * DL doesnt surrender but to fight on * Instead, he may have increased his shareholding through nominees
DL still got 160mil share to dump.......don be foolish as normal small fish unable to catch all those cheap ticket......got ppl sell sure got ppl buy if not already fall to 0.005.....
FL and gang are at the receiving end while DL dumps his sh. Financially the buyers have got more bullets. DL better makes sure he has erased all dirt trails b4 he packs up and goes off.
* Retailers are panic selling like running headless chicken * Others still count on DL for his mercy * Others still hope that FL could swallow his pride and give in * Others still pray that DL would shake hand with FL * Others are still fantasizing tons and tons underneath
* DL has sold 22 % of his shareholding so far * It is believed that he wanna push down the price * Anyhow, he can buy back when the price is depressed further
*DL has sold only 22% of his total shareholding of 16 % *DL still has 78% in hand , which could further depress the share price if he sells *So the lowest has yet to come
Unless today DL have sold all his share...........if not tmr will be another round of dumping......but support is very strong around 0.10 .............
from the way DL dispose his share yesterday, he had given up, he surely will dispose more shares today or tomorrow, but many buyers are willing to buy his share at 10 cents , so it will be hard to break below 10 cents
now 11 cents already, those who didn't all in at 10 cents, still not too late to buy some at 11 cents, at the same time reserve some bullet to collect at 10 cents in case it drop back to 10 cents
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....
pang72
50,932 posts
Posted by pang72 > 2023-05-10 14:54 | Report Abuse
Open market flood with cheap tickets..
Buy if you like