Exactly too much volume with little price rise doesn't seem too good to me.Looking at the chart,price low should be around there but yet such huge volume with little price rise gives uncomfortable feeling.Wondering how low the syndicate wants to do.They really want to flush you out and make you fearful. Taking the sellers could be themselves.
You can see early where vol was well over 100k yet prices didn't drop.Actually the syndicate intentionally push it down.Look at hovid,it is maintaining very well.Really if they don't push down the prices and support it,it won't go down so much.
as the MoF is the biggest share holder, as long as they dun offload, the dropping will be contained. yesterday the lowest .310 today is .320 a higher low which is very good, unless KLCI drop 20pts t'row, i dun think biohldg will go further south
market to dive ... expect will break 30 cent today ... buyer can q till 25 cent ... good luck ... for holders ... last chance to sell at 32 cent upon opening ... good luck ...
Corporates can look forward to 'good times' post-May Publish date: Tue, 26 May 2015, 10:56 PM CORPORATES see May, the fifth month of the year, like employees see the fifth day of the week, Friday: they just can't wait for it to end and enjoy the good times that come after.
Although the analogy is the writer's, it is safe to say that basically is how analysts see the month of May, as the month when the FBM KLCI is at a low point in the year.
This, of course, is great news for investors, as Hong Leong Investment Bank Research succinctly put it in a research note last week, that "May is historically a good month to accumulate on dip".
Still unconvinced? Then just listen to the final word which comes from our impressive reference point for this week, the HLIB Research report, which boldly stated: "During the month of May and the tabling of 11MP, we believe it is opportune to seize the 1-in-5-year opportunity to position for the year-end whereby we have an unchanged target of 1,880 (based on historical average P/E of 15.5x 2016 earnings)".
I am not so sure as you,Vinvin.The thing about market is very difficult to be certain of anything and it can only humble us.Early fearful of a correction,I sold all my the other stock holding and move to this counter thinking it's a better bet than others.How wrong I am as my other counters didn't lose so much in fact one counter jhm I sold at .155 thinking since it's below 200 day MA cannot perform at most rebound and switch to this biohldg!The other counter abric sold at .51 went down to .495 now it's .53 but I use the money to buy biohldg at .36.See how wrong it could be.It's most unfortunate that I got into this counter thinking it can out perform since the earlier movement is so strong but instead the syndicate keeps pressing it down.Can never be sure of anything in the market.I do hope you are right but we cannot trade on hope.Very long term I think it will come back.But the million question is when and where does it go down before it comes up.The dow jones index is very vulnerable to a very sharp correction 20-30% so when it happens,how long will it go down.How much losses can one stomachs that's where one has to manage risk.Hopefully it will go up before dow jones correct.
Anne, u bought at 0.36 is ok not too high n one push can easily recover back but my average is even worse at 0.447 n that's why I'm so eager to buy cheaper to average down. I know this is a good counter n I'm not worrying if it goes down lower as I'll keep for long term like Pwroot from 0.50 to RM2........................any herbal business with tongkat ali r good!!! Can capture the local market n the Middle East r very good enough!!! Trade at own risk.
Well,if your total quantity is not so much then as long you can stomach the losses,it's alright.I have seen people who can stomach many hundred thousand dollars losses and see it gains hundred thousands dollars without having any impact on them.These people who are very long term 5-10 yrs and eventually they got out many times (5-10) their cost.These people are eventual winners.If you have that kind of character then it's ok.They are very happy when the prices go down cause they keep buying.From my over 20 yrs experience biohldg should hold this price at .315-32 and not go down lower.I am managing my risk now as I am uncomfortable with the world market especially dow jones.World market has been going up relentlessly since 2009 and the last 3-4 yrs it has not gone thru a 15%-20% corrrection.It's undeniable they went up due to excessive liquidity and prices of many many counters are already very high.In order not to give back the accumulated gain over the yrs,one has to keep trimming your total position.Otherwise one major correction like 20-30% can wipe out all your gains over the yrs.Of course they will be paper losses if you didn't sell.
Vin u r doing the right thing.lower yr avrg price.today biohldg vol not high.people not willing to sell cheap .32 is fighting hard to hold. the bad news oredi in the open, ajib kor is not going to leave putrajaya anytime soon, foreign fund leaving has caused the damage oredi, further harm limited
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zhm540
2,476 posts
Posted by zhm540 > 2015-05-26 09:52 | Report Abuse
market sentiment is good today..not sure u can get it vinvin...