The price will go up .. it is not worth for bilis to sell for a tiny gain vs. waiting too long as long term investors. And bilis could be the majority....
lee_m2020 The price will go up .. it is not worth for bilis to sell for a tiny gain vs. waiting too long as long term investors. And bilis could be the majority....
Let's hope you are right that the price will move as the operator allow the price to move up 1 bid this morning.
If you notice, more than half of this morning's volume got eaten up during the 9am opening trade in just one single swoop. That could be one reason the price up move up 1 level, as the market makers did not expect this hence not able to refill the 0.015 bid fast enough.
I've seen instances where one single bid can be refill infinitely although it got eaten up non-stop. That seems to be price suppressing when both shark and market maker not in sync.
sting79 I've seen instances where one single bid can be refill infinitely although it got eaten up non-stop. That seems to be price suppressing when both shark and market maker not in sync. 07/08/2020 12:27 PM
You have the point.
Anyway the GOLDEN CROSS on its own would turn the table where existing holders tend to just HOLD rather than SELL and new investors are more convinced to BUY.
Lots of MoU could be easily created with those related to co like Tesla, Merc, BMW ..power co like TNB, .. OnGs ..OEM manufacturers from China ..gov contracts..etc
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lee_m2020
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Posted by lee_m2020 > 2020-08-07 12:17 | Report Abuse
The price will go up .. it is not worth for bilis to sell for a tiny gain vs. waiting too long as long term investors. And bilis could be the majority....