When Armada came down from RM0.48 to RM0.36 within a same afternoon, the reason being....
This morning, when TDM came back to RM0.305 from RM0.33, in the process, the interested partied earnestly selling/profit takings, then they did collect plentifully at RM0.31 obviously until the closing.
Sometimes, when the directors have sold some shares, we would say "why buy when the directors sold", sold 50,000 units only, Ah Pang contra one transaction already half a mil units..
Sometimes, you do not need to borrow shares to short/sell high buy low..but using your own shares to sell some..,tomorrow sell massively..buy back quickly same day...then the day after joining the crowd to celebrate the hike..ALL happy. Today, Directors could have collected more than what they have sold. Is not the shark or syndicate...simply the interested parties do not want miss the profits.
Director sells a mere 50 big lots. Thousands & thousands of nervous scaredy catty newbie guys like victor yong then freak out into panic station & sell cut loss at low becos they suddenly lost confidence, triggering a 3-sen downslide.
Director then buys back in, 5,000 big lots. Using his wife's or daughter's account.
See the logic?
Who is the smarter guy, director or the panicky guys like victor yong?
IF someone tell you, "Don't always going for holidays by use aeroplane ". This is not helping yet, because driving cars on the road got higher risk than aeroplane flying in the sky.
The more honest words are IF someone can tell his friends "NZ is a nice country BUT Don't go to that Volcano in New Zealand on that day...because it will burst.." Other than that, the effort of putting fear on people the moment your friends are embarking on the Air Asia aeroplane is just not helping...
Share market risk is not as high as the risk in the casino. It is definitely not a casino. Simply u can hold for a while BUT in casino u can't handle it when comes another picture instead of an ACE.
Well, either some guys just plain get off on fearmongering, or they just can't take it that others not only much bolder than them but also much smarter than them are making much more than them.
Great stuff, BeInvested. Don't worry. With your kind of attitude & aptitude, and hopeully also fortitude, one day you're going to be a successful & wealthy investor. As long as you also manage to avoid the normal investing pitfalls.
I guess you're still rather young. Although you seem to have learned things rather fast too.
Please do not be coaxing & exhorting guys who have made great gains with TDM & are still faithfully & wisely invested in TDM to now be putting their newly obtained wealth in those excessively speculative counters that you have mentioned.
Anyway, Calvin dude, it was based on your strong recommendation that I first went heavily into TDM in March. Average cost 19.7, roughly. Have had to endure much waiting time, parts of it quite challenging, but it has all turned out rather fantastic, eventually.
You should check in on some of those fields below.
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Posted by pang72 > 2019-12-10 22:23 | Report Abuse
Tomorrow up again...