Let 2--3 months for sell down to settle Down.....Pn17 duration is one year and if no improvement Bursa can impose others restrictions...Can you see airline has any improvement with Omicron??
Next week is margin Call and Reduced Cap Call from Broker Houses
2022 is a very difficult year with so much pressure from Interest rate rise due to inflation. To protect Capital, buy only stock that give High Dividend regardless of Covid lockdown. Only Sin stock like Cigarette And Beer match this citeria
Bursa did a Good job by blocking Serbak from Trading if not many virgins will be beggars by now. Not so for AA...i think more and more retailers will be Trapped next week
This PN17 classification is a delayed action. If NO COVID, they would have slipped in 2020 itself. It was just waiting to happen. AA was already sliding even before COVID started, go see the charts.
PN17 ka, apa ka, deep pocket operator came in to absorb big selling below 0.60 this morning, and once big sellers done selling, he pushed up n play yo-yo in a range to take his profit. Once he is done, you can estimate this by doubling of volume after the push up, price will fall. There is all that there is to it. That also dont know ka. Go fly kite lar, dont trade stocks. I was in n i was out. Money in pocket. Good money considering bad market.
In a bourse filing on Friday, AirAsia said the short selling under proprietary day traders (PDT) and intraday short-selling (IDSS) for its stock has been suspended for the rest of the day as the last done price of the approved securities dropped more than 15 sen from the reference price.
The short selling under PDT and IDSS will only be activated the following trading day (Monday, Jan 17 at 08:30am).
AirAsia is rubbish run by the biggest conman or crook around. Time for him to seriously loose his own money instead of relying on Malaysians to prop him up.
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....
IronShirt
3,178 posts
Posted by IronShirt > 2022-01-14 10:18 | Report Abuse
Let 2--3 months for sell down to settle Down.....Pn17 duration is one year and if no improvement
Bursa can impose others restrictions...Can you see airline has any improvement with Omicron??
Next week is margin Call and Reduced Cap Call from Broker Houses