The company continues healthy growth without dividend each year, means no good returns, especially retailers who trapped by downtrend spiral, price stagnancy due to big sharks smart game teamwork.Today huge blocking by them at 0.160, need big effort buy to get over the blockage. Here at 0.160 big sharks sell their possession collected two weeks ago of panic selling at 0.145. Huge collection means quite good profit margin 0.015, if volume transaction just 50k, rm75k in less two week compared to retailers who trapped. Retailers buying effort at 0.160 is just fine but they need to defend the position by queuing at 0.155 to anticipate any moment of selling attacks.
Carefull now big guys queuing at 0.160 and 0.155, and no significant retailers queue at the price. If the sellin attacks coming these big guys at 0.160 and 0.155 collenting most, added advantage for them to play the game when going uptrending up to 0.200 even.
Due to not tightly defending 0.160 at buy queue, the price now moved to sell side mostly occupied by big sharks. Retailers are mostly qeueing at higher prices, to sell, but remember the prices won't move to that level if no defence at lower level, wisely by other buyers.
He buy at the dumping price to his collection, thus will reduces the big sharks possession, who suppressed the prices with such game to trap mostly retailers impulsivity cut loss selling.
Now need to defend 0.155 by queuing there. Then you aren't wasting your effort buying at 0.160, whenever big sharks dumping big way at 0.155. As its seem blocking at 0.160, also 0.165 they may in possession collected from 0.125 to 140 early Feb, such as they usually not dumping at lost, but profit.
Build strong defence by queuing at top buy. Move the defence frontier to new higher top buy queue, whenever necessary, to allowed buying smoothly trending up.
Information sharing.... major shareholder use few account to collect back their own share via open market ... They need to reduce share volume at open market before exercise the warrant move up... Follow the trend you will gain big profit together with them.
Buy and sell frequently I think brokerage commission gain profit more than you... haha!! Just buy and keep it will shoot up anytime, once accumulate volume done it.
Both mother and son also sell down, but which actually they want to accumulate? Quit warrant collect mother or collect son quit mother? Which one will let them gain big?...
Dec19 and behind the price very low below 0.100, with far less trading volumes. Only collection in last Dec logically putting selling pressure at this current low.
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....
Johnwick3709
241 posts
Posted by Johnwick3709 > 2020-03-02 15:02 | Report Abuse
Wd is a result of operator in action.. If the volume can go this high when panic sell.. Imagine when same volume different scenario and its going up..