Did u noticed that the selling happened during April 2021. U didn't mention when a lot retailers managed to make good money when arank peaked at 0.89 (may 21).
Tell me only u, retailers can sell but directors can't. Market is pretty fair and many brought from directors and sell higher in May. This counter got liquidity problem not enough share to goreng.
I'M NOT PRETEND TO BE BLINDED as I am asking forumners to buy at 0.6 not 0.7 or higher.
All base on facts and value investing. Good luck!!
By referring to arank chart with the events happened (timeline) prior to directors selling there are plenty of chance retailers take profit judging from the 2 days volume of 25m. We can't take care each retailer entry price or their judgement to buy, hold or sell. This is the norms in share trading /investing which involve risks that every trader's need to endure.
Arank's price correction is NOT DUE TO 2 directors selling 480000 shares in open market in total. The main reason are china/us clamp down on commodities, covid19 (mco3) and unstable political environment in Malaysia.
Try not to emphasize on variables or event beyond our control eg when will director sell next and focus on the chances/probability of one making money when entering at certain price.
April or May 2021 already past tense, I am now talking about present and a brand new cycle. I am a good guy in i3 and thanks for reminding us that directors would sell when price goes higher.
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Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-08-14 08:31 |
Post removed.Why?