If the bankers want to support RM6.00 , they will put more buyers and will not dump their shares below.
One we should know that the buying and selling trend by the bankers ; in the past two weeks there were huge volume for up trend from around RM3.40 to RM7.00 plus.
Do you think bankers and experienced players who bought below RM4.00 want to stay away first ?
This counter had history of 20+ but drop to Rick bottom 2 +. No div declared for donkey years . It was traded pe 2 to pe 10 . But retreated when revenues dropped to abysmal. Very volatile counter , can trade when it is traded at its lowest price but not when it is rising ... 09/12/2020 10:13 AM
Past 12 months when this counter was down at 2 ringgit plus all just krik krik.. now suddenly at 6 ringgit all shout hype this is the best time to accumulate.
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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....
LA777
3,383 posts
Posted by LA777 > 2020-12-09 06:57 | Report Abuse
Why US can print so much money and why not Malaysia? Why US can control the oil prices???