Posted by DestinyL > 10 minutes ago | Report Abuse
If you ask my opinion, the Drug news was probably exit strategy for the whale --------------------------------------------------------------------------------------
A planted news? This is an old trick used by whales in Wall Street over 100 years ago. But the stock market is now generally in bad shape hence good things tend to be on shorter term :(
When looking at the timing of the news on TauRx's press release, together with almost 10% appreciation since 12th May, it is most likely a strategically planned move by certain quarters in order for its price to be supported by the common folks, be it futile or to a lesser extent, while these crooked syndicates are prompt to slowly dump their lots in the coming sessions. If TauRx really has the late stage clinical trial passed with flying colours, they wouldnt have trumpeted the news way before official announcement. This is not the way a ruthless share market works. Metaphorically speaking, human's insatiable greed for money is equivalent to moth flying into fire, knowingly well they will get burnt, sometimes the urge is too overwhelming to overcome.
Why Genting forum always have funny names? We already have ATK, now we have another one, kincho (昆虫, Insect). Really laugh die me. --------------------------------
These are 江湖 names. For more ferocity n fearlessness when stock trading or for additional good luck :)
Plantations profits more than doubled 1 QTR, 2022, though revenue slightly down. Good set of results so far! We can now look forward to Malaysia Berhad, and US, results. Group results tomorrow?
Genp, qoq not so good but yoy very good.... I am not expert, but got 121 million np is good for genting. So, now two segments are good, we see GENM and others how tomorrow. Hope got surprise. Genting dropped before last QR, but this time behaved differently. Popi Popi
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....
DestinyL
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Posted by DestinyL > 2022-05-24 16:26 | Report Abuse
If you ask my opinion, the Drug news was probably exit strategy for the whale