1) The operator is still pretty much in this counter now, look at all the 5k lots orders that they cleared the 0.195 volume today, these are all from operator. I believe they are controlling the price and accumulating at the same time. When they accumulate enough, then it will move, when? I don’t know, but I don’t think it will take long, 1-2 weeks I guess. 2) I also did a calculation on all the big orders that they obtained for the last 1-2 quarter and minus the revenue that they have been reported for the past 2 quarters, I believe next quarter their revenue will be around $50-$60m, they obtained a few big orders before the recent $40m once, you can check the bursa announcement. This is just my estimation. 3) For Penny stock with PE12, ok fundamental, export/USD play, this is surely a GORENG counter.
My strategy to trade this counter is to place 10-20% of capital first, and top up when it break the first resistance at 0.23. Buy 0.19-0.195 now is very low risk as I don’t think the operator will push lower than this price.
For those who stuck at higher price, wait for another 1-2 weeks lah before you cut lost, since you have been waiting for a few weeks already. Hopefully the operator will take advantage of the recent penny stock rally to push.
Thanks astalavista, nothing is 100%, my risk is quite minimum at 0.195, I will cut lost if it go below 0.18, but if when it burst, if think it will easily above 0.25 - 0.3
astalavista, too early to tell, need to wait it break 0.23 only then uptrend is confirmed. But if today can close at 0.205 - 0.21 with more than 0.5m lots volume, then is a very good sign. Keep monitoring.
Someone quietly collected it for past 1 month around 0.20. They are waiting for right timing to push up. The show definitely will come. But wait until they break the current resistance at 0.21 first. Those with holding power, may buy and keep. No matter how tricky they are, they must push it up soon as they are holding most of the tickets now. Don't forget the price cannot be cheaper than Novamsc for too long.
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....
bocca ngilerrr
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Posted by bocca ngilerrr > 2015-04-17 09:23 | Report Abuse
dh mula goreng