UMA means nothing. Many companies respond they hv no idea and this is accepted by Bursa. But sometimes it may be that something is happening due to insider news or simply irrational exuberance by retailers
Trading as normal after UMA. Only if LU 2 days straight then price frozen fir next day. Day after, trading commences
It’s all related to irrational exuberance, appetite for gain or loss
Jason, if 2 days straight LU then yes the next day price is frozen. So for this counter price will be frozen for Tues if Mon it LU again. Same thing applies conversely for LD. It’s good protection by Bursa so that folks don’t get burned
Change my post. Just found out hightec also get UMA. My advice to new investors, with m yself as a newbie, keep learning by reading. You can google everything.
people all talk..injecting fear to th week retailer,some of em doesnt concern,they just waiting for th best ticket,,saying this and that just to shake week retailer,, anything could happen..the share issue is little means easy to manipulate..just be cautious,u can listen,but dont always take em..during this bad market sentiment,its always good to play safe,dont be greedy,SMTM...trust ur analysis,stick to ur trading plan..i dunno what im talking about,but im planning to be a little greed next week..lets hold it longer,to the moon..or lets have a bloodbath from the pitfall.. witness me blood bag,see me up to the gate of rm10 or rm 1..i believe this is our private jet to greatness,buckle up everybody..moon is a pit stop to mars..
UMA just act as a roadblock,give em penalty thru retracement,,then ride high again..if u believe this counter is goreng,see dataprp after got UMA still has the gas to go higher before the big dump..its early to say gameover for hightec..but shares very tiny to say the same for hightec..hmmm
Just make your own decision, invest what u afford to lose...not just follow the comments and invest blindly everyone has their greediness and view/exprience of playing...because this type of stocks gone up and down really fast and we don’t know if they may come back after pulling down,a lot will still tell you good this and that, I’ve tried and follow some of their comments and suggestion or so called gurus end up stuck for a very very long time, so I would suggest just play fifo better just my personal opinion
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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....
Investformilkmoney
961 posts
Posted by Investformilkmoney > 2021-07-09 15:30 | Report Abuse
Omg, don't limit up on Friday. Omg omg