Do not be so silly to convert your warrant into mother with additional 10 cents, because by the time the converted shares credited into your CDS account 3 weeks later, by then the mother share already drops to about 10 cents only, please beware !!
Investwise: I am not sure, but what i learn, we must cut lost when stock are below than 10%.. In your case, Its abt 50% lower. I don't know what to say, but i think warrant will go 3-4sen...For me penny warrant above 10sen are over value...Its not for hold, its just for short term hit only...
Investwise: Price already overbought when it hit 30ct+, now time to people throw. Im not sure whatever it will fly again. I don't think so. Coz that news already came out last week i think but price still keep droping. this is just syndicate strategy to push up the price then they are selling to get easy money and people outsider are stuck there coz of greedy. if u watch the chart it keep droping, perhap drop to 10-13ct. If mother drop to 13ct so what the value of the warrant? maybe 4-5ct. anyways im not going to recommend u to sell or hold. try to ask any penny pro. Im not penny pro. Sorry brother.
m not asking u to follow my style.. I bought Nicorp 20c on the rumoured reverse take over wit tp 30c. It went up to 25c and then down, down, to 5c. HD HOLD for five years.. I don believe it this year I manage to sell with a great profit!!.. I always tell myself what goes up must come down. vise versa.. monday m going to collect my sales chq..
Penny not for hold remember. I never hold penny more than 1weeks unless i bought very very cheap like mother share 6sen then can hold and waiting for shoot.its up to u all buy n hold this stock
simonhing i suggest u buy at 3.5 cents or 3 cents, then sell it at 4 cents if u have chance (though very little chance, so u need to put your order to sell early and your remisier must also give approval early so that u will be the 1st to que. if u can do this repeatedly , that's good for u.
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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....
Tan Gaik Wah
3 posts
Posted by Tan Gaik Wah > 2012-01-29 15:33 | Report Abuse
anyone monitor this stock?