seems like scientex has found its safe range and settled down. be patient... before the whole upward trend middle of this year, this was a very boring stock at 5.70~5.90+ for one whole year. If you believe in the long term value, then keep. if you are a short to medium term trader, perhaps it's time for you to change boat
the main reason for the lacklustre trading is the continuing unloading of treasury shares in open market starting from 30/10 ..........................
Scientx needs cash for expansion , unlike other cos that are calling for rights and warrants and make stock price going south... once they pull out selling , its price may climb to RM 8.00 and above ...and going for long term is RM 10.00. Trade at your own risk!
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....
Steve Jub
4,203 posts
Posted by Steve Jub > 2014-10-28 12:18 | Report Abuse
wa droping