stay away from this kind of counter la, so many promising counter out there like techfast comfort dufu (i am not asking u enter now), why choose this counter, if tmr other shark throw this 99 back to 0.13, u mah loss big lo, no free lunch la
Posted by Penggoreng > Oct 23, 2017 05:23 PM | Report Abuse stay away from this kind of counter la, so many promising counter out there like techfast comfort dufu (i am not asking u enter now), why choose this counter, if tmr other shark throw this 99 back to 0.13, u mah loss big lo, no free lunch la
@cKhong i cant tell u which counter will be flying as it shows no friedmanship...but, i can tell u which counter will be dropping 99, earn less is better than loss big, save bullet 1st
Today's Additional Listing Announcement - 8,715,500 warrants converted. People has begun to see the benefits of warrant conversion. Early bird catches the worm!
If tomorrow boost up...sure got ppl come out say tp this to that...if tomorrow falling down to Red Sea, sure got a lot ppl come out and say “already told you all run and run liao lor...you. All don’t Wan listen “ ...hahaha ...Bu for me all is rumours...so tomorrow up or down ? You all decide lar...for me is tp 0.6 hahaha will boost up to sky soon ...a lot project announce? Hahah
@SamBeng- you might still be in time, but it's might. If want faster return of mother shares, have to do it urself asap n not thru nominee. If not in time, u wont lose ur money. Pls read previous posts related to this. The other bigger risk is Trive price goes down n u can't do anything cos ur converted warrants r not credited yet into ur account.
8,715,500 converted shares is not a lot compared to the daily volume transacted over the last few trading days. I think the market can absorbed the shares if the holders decide to sell them tomorrow.
to convert warrant to arbitrage, time is of the essence. and there's always risk when there's potential return. at least from technical point of view, trive seems still quite ok. fibo support at 21c, 18c and 16c. and bonus issue egm this friday. just for reference, not recommending anyone to punt
Say, yesterday A bought Trive at 21.5 sen and B bought WB at 5.5 sen to convert. After 8 trading days, say the price of Trive drops to 16 sen. A will lose 5.5 sen per share. B still gain 0.5 sen. If the price shoots up to 27.5 sen (recent highest), A gains 6 sen. B gains 12 sen!
those bought wb earlier should be gaining now if they converted the wb rightaway. there is still time for them to sell after converted. those bought in these few days especially on last friday and hoping to gain by converting into mother share and sell, they have to be careful. both mother and son high volume is out. operators might already offload the mother and son together.
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....
BC1010
245 posts
Posted by BC1010 > 2017-10-23 17:22 | Report Abuse
@Firah...cut lost before it drops further. More Additional listing will come because of the recent high price. Stock price will back to 0.16 - 0.17.