Because...the big boys kesian you bilis and dont want to throw down, that few cents punya warrant is puny compared to what they hold, after all is free...so they let the small-time wannabe syndicates and operators play lo
I'm not saying that it cannot happen...but remember there are 610 million outstanding warrants...whoever wants to push has to be prepared to absorb at least 200 million pieces of worthless paper...with at least $20 million of bullets to accomplish the task of pushing. Some people can certainly do it, but are they willing?
Just thinking, if you bought this how many hundred lots, finally when expired and your gambling works as if Genting fly above 8, how on earth people going to convert as it will mean millions compare to the cents bought here.
This is the cruelest way of miracle, pushing you up all the way to the sky then out of sudden throw down to the earth, mother share already shouting to be below 7 and below 6, here really gone case.
Seriously, it is already game over for this warrant, it is no longer a worthy gamble but a sure losses for me if ever anyone interested to buy this........
Looking at this to see whether this warrant is the culprit causing the mother share keep dropping as some mention this is to kill off this warrant value after expire lol
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....
dompeilee
11,888 posts
Posted by dompeilee > 2018-09-27 15:40 | Report Abuse
Another 1.3 million warrants unloaded @ 11.5c...mother now DOWN -0.13% but warrant DOWN -26%!