many has warned that we must be extra careful when the rise is so rapid n volumes increased exponentially ; it signify that this is human regulated n controlled counter . Major shareholders though bought but at rock bottom prices but small fishes eager to take the bait n thus get caught in the midst of action....just pure hard luck!
Now already three brokers set restrictions to Wintoni - CIMB, RHB and Apex. What if Public and other brokers also follow? But after all, it's just a 6 cents counter. It won't change to 1.00 counter just because it earned two million + in the last quarter. Anyway, don't worry you will still have 6 cents, it won't drop below that la.
yes , will back to where it belonged i.e 6-8c coz some major shareholders bought at 8c n the other sold at 16-18c or higher , the present price is very much elevated from its low....so the falling knife is not 1 day affair but it may linger on for a few days esp T2,T3 -T8 for some special vip guys...so market will not be perfect but is imperfect to right the perfect...
Not only you @RapidBeginners you must remember there are hundreds and thousands of aunties and uncles who bought high 0.37 - 0.4+ for the last few days and when they panick, you can't even sell at 0.24!
If Public Broker or other company announce restrictions this afternoon, you will experience another big fall to maybe 0.2 or below, then those who buy now may experience double loss.
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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....
Acts
69 posts
Posted by Acts > 2015-03-18 11:46 | Report Abuse
Ruuuuun, more T3 & T4 next few days