This stock isn't going up anytime soon. I've already made a stop loss order months ago to minimize losses. When the spread is at 0.05 for months, heavy volume, RSI below 70, you know they're doing their best to avoid a margin call from banks (Which could may be 0.08 who knows). This company is in trouble (SugarBuns aren't really profiting even though they plan to open more stores, which would drag down average sales), and judging from the substantial shareholders list you know this stock is full of speculators. It's not going up, it's going bust. Valued at 0.09 sen with shares outstanding of almost 5 billion with a market cap of 440 million seems like trouble.
Dont estimate much unless mother share move all altogether with son wc and wd, if not right hand to left hand will be all the way to be, but as we know every big uptrend normally start with a drop, now another chance to get at lower price, go go go
No chance to afraid , only can Tahan , buy more as u can . I’d given advice earlier pls don’t ever Touch Bornoil unless u have a very unlimited patience perhaps will need few years !
But this also a opportunity from minor transformed into major shareholder if u accumulating more n more n more n more !
Even if gold significantly influences bornoil price, rise in current gold price would only be reflected in current quarter performance to be released next year
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....
bruce551133
3,339 posts
Posted by bruce551133 > 2017-11-26 23:39 | Report Abuse
tomorrow up up up...bornoil... :-D :-D :-D