cmtfly So we are all duped? Research house all write good and put high target price and we the innocent investors all buy kena con? Morning touch 23.5 sen...everyone thought rebound...revenge...come on....then now lower still at 21 sen...all stuck in the mud.
Well you buy at 26.5 sen not sell yet...so consider paper loss. Still got chance a bit if it rebound back to 26.5 sen. For us we already sold and this is really lost. In the drain. Few K just like that. Poof...3 days gone. Without getting anything back. Like donated to DPIH and not getting any aerosols. Few K can get a few hundred cans of aerosols paint . hahahaha..
What I mean is currently I monitor the selling kept increasing but the buying is not increasing fast enough. So we got a block of sellers waiting...which means the support of 21 sen is not holding on.
Player46, if you want hold, meaning you put hope on this counter. Since you put hope on this counter, you should average down the price. But again, depend on your decision. :)
The purpose of IPO is to raise fund for the business right? Then where got money to sbb to support the price oh. Take the IPO raised fund to expand their company kut, The market price no affect the money the company raised pun why they wan sbb? (Not sure wat i say is correct or not la. Just started investing 1 month ago.)
I think the fund manager and directors have problem. Fund manager trying to support and push up the price but the directors related parties are too selfish to take care of themselves. One push and one sell, end up fund manager just sell. If not how can ipo from start kept falling until exceed 16% below ipo price. It's a reality case.
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wintersnow
14 posts
Posted by wintersnow > 2019-01-11 15:01 | Report Abuse
William, im stuck at 0.27 too, feels lk losing hope already.