Today marks the 1st say of short trading. All these big companies making use of their one-sided trade benefit to hit retailers. Don't sell your stock on the cheap for these people. If you can wait, wait for it. If not, cut lost as you need to cover your contra. Hang tight because fundamentals are improving, so, the company is strong.
History already proven that even a very strict lockdown, will leads to world indexes rebound strongly. Or Malaysian market is different? O&g related is one of the star theme in 2021.
Very little sell volume should move this up nicely to 0.43.... anyone with a sell order from 0.40 through to 0.43, do remove them as you will be selling at lost to all these short selling culprits waiting to eat up cheap shares.... ha ha ha, how I wish all these sellers sre reading this forum to hear this advise ;-)
Ps. Shouldnt be too worry on the MCO because manufacturing is part of the allowed primary industries. So, apart from office staffs, our production should continue!
Guys, sell pressure is high trying to push the share down so that they can try to grab more a lower price.... why? Because report is out soon.... last few reports were done between 12-28 Jan and historically Q3 will beat Q2, so, expecting a better share price post result.... what shoild we do? Dont sell your shares when you see big sellers trying to increase selling pressure by shorting the stock. Remove your sell order, let them sell at a higher price and buy back even higher. That is how we can beat them big institutions.
Well done everyone, even with such pressure from sell side to push lower. Just missed by $16k to go 0.435 closing. Finger cross on Friday, if we can stay or even go higher towards the reporting period, then, QR will help to sustain this rally. QR will be good with factory in full cycle over that period. TP 0.60-0.65 will be absolutely great even with short selling pressure which will be reduced once a nice QR is released.
Finger cross QR will be good. Biden is speaking now about opening the economy, which will boost oil price and O&G activities.... last 3 years reporting around 15-28Jan, so, any day now. Friday might be a good day to report anyway.
Sold some. Just my opinion, from o&g stand point pantech still looking good. From steel, China especially construction will be working less hour and steel stock files will be flooded in the market hence will affect steel price.
AllanTingAS...good strategy..once observing potential reversal, will be uptrend. News yesterday was written in a negatively. But, i view the profit of 8m plus to be acceptable. My opinion only. TAYOR
Sometime im wonder the person who make money in our market is reporter..They write good things,share up,write bad things even is not the whole picture,share will down..welcome to bursa...Follow reporter,make money & vice versa..shit fackerr
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....
Jeffrey Ko
67 posts
Posted by Jeffrey Ko > 2021-01-04 21:16 | Report Abuse
Today marks the 1st say of short trading. All these big companies making use of their one-sided trade benefit to hit retailers. Don't sell your stock on the cheap for these people. If you can wait, wait for it. If not, cut lost as you need to cover your contra. Hang tight because fundamentals are improving, so, the company is strong.