Should follow Fintech to ask for $$$ when market is still hot, may be 1 for 10, more $$$ is better, then also join hot investment theme gloves related industry, another round of goreng.
Still do not have good news to support the stock price. Quite high percentage to go downward. Hopefully some good news will announce by this week to support the price up to 0.04.
Let's think about the most priority to be happenned.
1. Propose Share Consolidation 2. Company Share buyback 3. Propose new warrant EAH-WF for acquisition of a new company 4. Announcement CEO buy 0.02% share at 0.035 cent price. 5. Operators or Sharks keep on accumulate share at 0.03 and 0.035 cents till end of September. 6. Share up at 4 cent and above at end of September due to of other reasons.
I choose no 5 and 6. because CEO has a lot of share at 0.02 cents.
Today buying momentum for 0.03 still very strong. No reason to have further big dropping. Sure no problem to rise back 0.04.Please be patient and hold the stock.
Current 2 Weeks (25 Aug 2020 to 08 Sep 2020) - Total Volume 216,861,800
Previous 2 Weeks (10 Aug 2020 to 24 Aug 2020 - Total Volume 961,398,600
4 Weeks from (10 Jul 2020 to 07 Aug 2020) - Total Volume 1,086,666,000
Add altogether = 2,264,926,400 (45% of Total Share)
This is 2 months past record. We all know most of the time SHARKS / OPERATORS have bought shares at the price of 2, 2.5,3, 3.5 and 4 cents.
We also know 59% Share is Insider Investors whereas only 41% is Public investors.
If Trading Volumes for the past 2 months shows 45% has been trading...... That means by logic or common sense sharks/ Operators have acquired a lot at least 25% if not take all 45%.
So, what happened now is what ever volume que buy or que sell are now under control of SHARKS/ OPERATORS.
So, let be patience. Prices goes up or down are now manipulate by SHARKS / OPERATORS.
THE STATISTICS THAT I SHARE IS REAL..... Happy Trading.
This is what I observed. I. Sharks / Operators bought a lot for the past 2 months. Along the way they push the prices up to max 5 cents. 2. Now, these sharks / Operators wants to continue acquire shares by depressed the price goes down. Along the way goes down they still collect low prices shares.
My wild guess from what I see from the statistic daily trading record, it's estimate about 25% are in their hands.
By depressing the prices goes down, these sharks/ Operators are trying to acquire at least 5% - 10% more shares.
After, they have acquires around 30% - 35%, then retail investors only left about 6%. What happen next would be skyrocket.
So, please be patient if the share did goes down up to 2 cents and gradually goes up bit by bit before skyrocket to be happenned.
Now, Goes up or down the share it is under control by SHARKS / OPERATORS.
MOST BUYERS AND SELLERS ARE CURRENTLY THE SAME GUYS..... THEY WANT TO MANIPULATE OUR MINDS TO SELL LOWER PRICES TO THEM.
FOR ME, I JUST HOLD MY SHARES and wait the skyrocket day. It will come....
Hahaha. Same to my perception. But, I predict the stock price will accumulate at 0.03 for few more days and gradually going up when those sharks finish collecting those balance 10%.
Sound like no fundamentals but sharks are swimming and relaxing while hunting for victims. LT negative, ST trading play. Wait for intangible assets to be written off.
This stock based on 10th year chart, u see it’s a complete downtrend chart, in order to reboots to uptrend, the stock price need to break resistance at 6c. Currently, they only managed to do it at 5c. Then now is towards 2.5c.
To be realistic, the market sentiment isn’t good at the moment due to profit taking. The only good thing is, it’s not bear market YET.
COLLECTION IN BETWEEN 2.5C TO 3.5C IS CONSIDERABLY GOOD STILL.
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....
pinkiepigz
62 posts
Posted by pinkiepigz > 2020-09-01 20:44 | Report Abuse
thank you everyone for your info sharing