drop until no ppl dare to buy in then rebound , so many small fish keep on getting ticket and throw when getting small profit ... how to up??? need big drop first to kill all the clever small fish
ya i have seen the price been going up and down a lot around 0.315+- and then it suddenly go down like hell after second opening. whenever the price increased for 0.005, there will be an order throwing out 300k units out at 0.005 lower. wondering why would anyone do this and whats the benefit of doing it.
They purchase around 26 sen, what they want only the controlling interest of this company. This company net cash and positive growth. Even though the share price drop like shit, they can use other pp or right issue take cheaper ticket. They exchange the ticket to make a trap at higher floor.
Posted by OTB > Feb 21, 2022 8:42 PM | Report Abuse
Posted by pejatrade > Feb 21, 2022 8:22 PM | Report Abuse
They sell now at this price...where are they buying? 2 years ago? Confusing -------------------- CharlesT is very against this stock, hence I refused to comment on this stock for sometimes. From a businessman point of view, no logic to explain this low price.
When drop that time everyone sell...they buy... When up that time everyone buy...they sell...
A typical redflag selldown like SCIB or SD. 100% sell rate. 0% buy rate. But here, you look at the buy rate, nonsense one. Buy rate is higher than sellrate yet price drop 15%. Where got ppl selldown at each support? I don't see millions of shares got chewed up. But I do see alot of sell queue got chewed up. All the buy queues are fake one. It was cancelled last min, followed by 100-200K selldown. Problem with us retailer, we can't tell whose queue is that nor where is the support. Only manipulators knows. Maybe they will stop once actual support emerges.
U probably thinking manipulator also lose money if they started earlier. That's incorrect. They just shifted their cost lower by selling higher and buying lower during the press down. Else, where do you think the extra buyrate went during a selldown?
This counter, they not scared to hold given it's fundamental. Can play few rounds at this price point.
Now hv warrant dy. U can foresee there will be few push down the road.
This method of selling down the shares will eventually destroy the company standing and the sharks don't care about the company business because the financial accounts of the company is highly likely false accounting like ponzi scheme.The sharks probably control the company as executive directors. The accounts are cooked-up to begin with so the shares will be useless eventually. This is my take on what is going on with the current situation with the share price. I hope I'm wrong.
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Posted by ramunia > 2022-02-21 12:37 | Report Abuse
Cheap becomes cheaper... TP below 20cents..