The lorry is no stranger at this counter, sitting here for years, you know the purpose in it intervention everytime volume almost clear. The best way is take every thing from the lorry until it has nothing to dump. Referring to xdl total shares around 1.8 billion, the lorry/lorries surely having lot, lot of it in their storage ready to intervene. It may take whole year to focus on just buy the volume from the lorry /lorries.
they have merely signed a deal, the real price rise will happen in the coming months, everyones got to be patient. a fast rise means a fast drop, let it take its course.
Lorry /lorries game play is prevalent at this counter, far from weekly profit making in consistent manner despite the fundemental better than O&G counters. Dumping selling aimed at teasing or provoking cutloss selling avalanches for them to buy at low, gives them the better advantages for furthering next gameplay. If already bought some, just wait, and patience, don't response to teasing or provoking down trend selling not correlated to fundementals.
Even we are back to normal activities but we still need face mask in our daily lifes in public areas, especially high risk person, since silence super carriers still around us.
It seems like the lorry /lorries participating in buying at 0.060, as well as dumping, hence the volume in toplist but end of the day no price change. Lol
Mr Rocket77, XDL is not going to sell any PPE to anyone becos they haven't even started, they can only start selling their NON medical PPE after 3 months, they still need to renovate the site, start production and then export to seacera, which will then pack, label, distribute and so on. their production is only supposed to start in aug/sept so a long way to go.
Today I run away at my cost 0.06 liao, I invest into LAMBO instead. I will wait for Q1 reporting for XDL first, then only reinvest, unfortunately DJI changed every momentum sigh
Actually I dont worry anything, each share has their own risks. For XDL, I need to wait for XDL 31 March 2020 reporting first which is due by end of June (to avoid certain risk of jinjiang entity), and protective gears will be sold in Aug/Sept.
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....
010855
274 posts
Posted by 010855 > 2020-06-10 13:35 | Report Abuse
Run...