Iching. I told u to stay out of this stock especially hitting new again 0.315 . Some problem with this stock . Suspect short selling or else why hitting new low with high volume.
hee hee , what going down must go up theory can apply to this counter .. latest quarter make money , nta 1.00 ++.. share price drop much probaly bcaused of csl pair down .. shift to permaju now ..
Sales Revenue to erode along the years as Pelikan's Product Sales Price deemed too "Expansive" and not "Competitive" ! Profit will be greatly reduced going forward ! Looks like Big Shareholder unloading after CSL's explanation !
Swap Pelikan to CSL at this low price and keep is better than buying Pelikan shares now as CSL's revenues are on the rise. CSL's Product pricing are much more competitive and hence generates better revenues going forward !
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....
lching
1,404 posts
Posted by lching > 2013-08-29 11:47 | Report Abuse
james7898....i dare not buy stock which is closed to historical low unless fundamental change.