This is good news in what way? With additional listing announced at the same time, stock dilution will push this even lower... Those who r still holding, prepare for 15 sen tmrw.
But normally this type of sen sen ctr will hav 2nd n 3rd rebound, but take time, n re enter at lower point, but when is the lowest point to enter is hard to identify lo...
Went in at 11. exited at 19.5 ................ went in again at 15.5 and existed at 17 ............... a flying dagger indeed .............. btw, the warrants looking good........... tried at 8, exited at 13, in again at 11, exited at 13 .......... now waiting ....
I have to disagree, prices LOOK like they are consolidating between 15-17 sen, with 15 sen being immediate support and 17 sen being immediate resistance. Breaking the 15 sen support will see a further downside to 11 sen and if broken, down to 7 sen. As for upside, breaking 17 sen will only see potential to 19.5 sen. Risk reward ratio says this is not a good trade at all.
Not being negative, every1 is entitled to their own opinion but unless proven otherwise the data points to nothing fundamentally or technically positive about this company.
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....
Zamsaham Norizam
162 posts
Posted by Zamsaham Norizam > 2013-10-14 16:23 | Report Abuse
0.13-15sen now BEst Buy!