Today mother & son WD sell down due to this morning blue chips stock big drop to effect some investor margin call and force selling case...don’t worry, the ship still safe and no sinking yet and make sure condition is good before start sailing...haha...
Fc78020, indeed huge selling pressure today. As soon the buying about to unleash the effective power, quickly the dumptruck throwing the load in till touch the bottom or new bottom. It may be normal since someone longing the hold since may 2019 is seizing the chance for profit taking.
Only one buy transaction touch up new high at 0.160. Awaiting game. Other buyers so cautious to move ahead, worried the dumptruck strike again, throwing big chunk of load in cascading manner. Kahkahkah. Half hour later sellers response, may be not the big dumptruck or maybe it is to test wether there are any another open field battle b4 market break.
i just feel these few days the way the share move is a bit strange to me... so i cant define and give you the answer what price to go in.. so my advice is just be alert and enter the price you yourself think is the right and worth price to go in...
Haha...this trend looks normal to me.. The price when up really fast.. Many big investors not able to collect it during that time.. Since xdl is a famous stock now.. Alot of analysis have been done by others.. Company growth and fundamental is strong.. Before letting the price go higher, they know the potential, that's why they are trying to accumulate cheaper before letting it happen.
In two months from 0.080 averages lmonths long sideways to current at the 0.150, at one time peak.0.175, may urges someone to sell, chances for someone else to collect.
Yup, dumptrucks keep throw in big chunk loads at 0.150, indicate signatures to suppressed price at that level. Instead dumptrucks can opted to wait and move along the buyers game at the higher price and unload there.
Everything was already told, what's going to happen.
1. Their recent mou sign with hk company for 24 months going to give them rm 240 mil in revenue..already started last year july
2. With good growth and new cost management, this quarter and year end repot going to show double their profits.
3. New auditor for this round... Since they have never loss any money during their entire listing time, a dividend or a bonus issue might be given to us as a token of appreciation. Possibly dividend
4. New business to acquire and expand their current business in other part of country.. Since most of their businesses are in Europe with very top brand.
5. Since Olympic is hosting by their neighboring country.. Alot more sales are predicted during this time
This year is going to be xdl year.
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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....
Lee1045
126 posts
Posted by Lee1045 > 2020-02-03 15:27 | Report Abuse
Coming to rebound