Sorry, my mistake,i x do myhomework ,i x chk the latest Announcement, the private placement share price is 0.20. While the stock price at market only 0.115, that y it rise so high today, third party collecting it from open market to average down i think.
Learn from the mistake, must keep on checking the news announcement, n when the private placement share price is higher than market price, is anopportunity to buy more on open market, accumulate it..
27K lots traded on the last friday wt price range 160-190..but now very minimal volume 260 lots..what happen >seems private placement has no effect to the price offered at 20 sen..apa sudah jadi..i m now counting loses if the price and demand remain low..
Labi, market price is cheaper when ex price of private placement announce to the public, sure the third party crazy buying share at open market, push the share price up, earn the 1st soup then cabut, they oldy make profit n hav $ to pay for the private placement 0.20 ma....
N when private placement listed to market, they will collect again to average down their cost, now wait it drop till reach 0.12~0.13 then only come in to collect, my point of view nia....
Yesterday they dump it till 0.13 now climb back betwwen 0.14 ~ 0.15, i also think that now is the time to enter, if go down, collect some again, if go up, then wait to c it 0.20, my guess nia....
consolidation now.they are collecting as much as they could,,.audit report foresight its future prospect ,,, tristar has injected 20 mil against traded volume worth about 3 mil since 28 Nov..
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....
sheridansulik
512 posts
Posted by sheridansulik > 2012-02-13 09:25 | Report Abuse
Rapid movement today TP 0.35, R at 0.305