Isabelle normally stock got swing, and sometime it will break 1st support to kick retailer who using Margin. I saw today big margin force selling throwing today... Kpower normally drop 2 days day 3rd day it will fly.. this time im sure bfore closing of 2nd day drop many people buying in using margin acc.. so today is T+3.... and buy technically also price touch trendline at 2.31... so i think tomorrow it will retest resistance but remember it must break 2.44 to make sure it can go 2.60 first Resistance and 2nd Resistance is around 2.80... 3rd 3.00.. if all of them break then it will go 4.00... But im as trader i jz make set my TP at 2.60, is enough for me. i bought today closing time 2.34... try 2.32 but miss the boat hahaha.... tomorrow hopefully opening time open at 2.38-39...then got big chance to fly...
karim style..by getting himself tons of free warrant. . sell it for easy money.. after than, issue another one, any the cycle keep on continue to enrich him. .. casing out without even diluting his position.
I am holding 2.38 but sell for 2.40 coz i see still can break 2.45, then buy back lower 2.34... i try 2.32 but i miss the boat at 4.40pm.... My personal view based on technical today price test its mega support 2.31 (Mega Trendline support is around 2.30-31), today its done. 2nd reasons is today T+3 is clear.... Tomorrow mayb got some technical rebound but i hope it can break 2.45 then only can fly to 2.60 but it could go 2.80....at 2.60, warrant is around 0.82-85... and if mom go 2.90 then son can go 0.95-1.00... anyways the selling pressure is still there but i hope tomorrow will bounce back... by technical looking good but somehow its depend on director who r throwing...if they are smart, let push the mom so they can sell warrant also at higher price....
Many thanks to Adam. Mean at least i have to hold the WA for couples of weeks or months. At least i have to wait the mom climb back at around 2.85 and above.
Isabelle...technically WA is worth zero today...infact you need to fork out money to convert to mother today.
However, since it expires only 5 years later. Assuming Karim word hit bull eye, ie...mkt cap rm5 bil. Mother will be worth around Rm12..therefore WA technically will be about Rm9.50. If this happens, it’s better than a lots of investment out there
I believe that the 5b market cap do include the full warrant convertion, in total 603m shares. Thus, the price for mother and warrant should be RM8.29 and RM5.79, respectively.
Ini kali sudah lama tidur ini kaunter.. hari hari datang bulan. Operator push and sell. Looks like no hope. Will sleep for 2 month before fly back. As long karim not yet finish disposed his warrant.
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....
HLTGang
636 posts
Posted by HLTGang > 2021-02-16 19:37 | Report Abuse
don't worry big boys short today have to buy back tomorrow...hehe