Don't get overly excited by the quarterly profit. Cronies, operators subscribers of LA have converted massive units of LA to ordinary shares to release to market retailers
============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
Be careful holding low price, high NOSH, fund raising penny stocks. Directors have immense power to initiate shares consolidation to reduce your shareholding
Everyday doing right hand left hand transaction to create artificial volume to attract newbies, punters, fomo into the game. High chance of ending up like bornoil Fintec eah HONGSENG etc
Everyday start with large transaction to create volume to excite and attract newbies, punters, fomo to join in the game so that operators can release more shares into the market. Be careful if holding such high NOSH low price or loss making penny stocks, many of which had undergone shares consolidation causing huge losses to shareholders
Too tired & exhausted, right hand & left hand taking a short break. Stay put, they will be back shortly to create volume to attract newbies, punters and fomo into the game.
30sen is increasingly possible if directors decided on shares consolidation Be careful holding high NOSH penny stocks with directors specialized in fund raising via shares issuance to PP, ESOS or RI
Tis company needs fund and has issued reculs, warrants t b converted to new shares .the additional in new shares will certainly bring 'miseries to its price!
Right hand left hand Transaction start again to deceive/attract newbies, punters, fomo....
Be careful if holding high NOSH low price loss making penny stocks Many had undergone shares consolidation followed by directors raising fund from shareholders via shares issuance Latest is FINTEC
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....
whistlebower99
5,249 posts
Posted by whistlebower99 > 2024-01-11 16:18 | Report Abuse
Fake buy queue at 4sen already pulled out.
Big sellers will release more to retailers