Yeap, just have a quick check on their profile. Commenting on various counters asking people to sell without solid analysis/reasoning. Just trying to manipulate and trap gullible investors.
Bursa is now closed for Raya, happy holidays everyone. Friendly reminder that nobody's i3 price prediction came through, not even one predicted RM4, F the sell/buy manipulators.
@Faritfet RM546 mil is what they have in the bag. I am confident the mgt will be successful in getting more orders in the next 8 months of 2022. So the revenue for 2022 is likely to at least 30-40% higher than 2021. At the height, the price was about RM7.60. It does not make sense for the price to stay at this level of RM4.00. With expected increasing quarterly revenue ( and profit ) the price can only go up from now to end of 2022.
Growth stock has been oversold. Japanese bond buyers almost done dumping US Treasury, which send ripples throughout the bond market for the past few months. Technical rebound by May 15th
Nasdaq has been on a downtrend since November 2021. The index has dropped for 6 months consecutively since mid Nov. Nasdaq skew is around 7.5 which indicates higher demand for downside protection. Historically, the index rebounds within the same financial quarter
Nasdaq option market makers forcing max pain for put contract buyers before the next OPex.
So, what is max pain? What is Max Pain (Options)? CFI Institute definition Max pain is a situation in which the stock price locks in on an option strike price as it nears expiration, which would cause financial losses for the highest possible number of options traders. It attempts to explain how, during the last days, the underlying stock prices often cluster around the strike prices to bring losses to the option buyers.
The AGM coming up soon ( if I remember correctly) so we are likely to see it trending upwards rather than downwards. I see it as an opportunity to make extra from the short term gains.
Just gonna sit here and look at people selling a good stock at discounted price just because of market inefficiency in pricing. Do what you want with your money/stock. Truth will only prevail in the long term.
Let me be your fake technical analyst for a day. Greatec has broken the recent support from the uptrend in March. The last time a major support was broken in Feb, it stopped at below RM3. I managed to profit from previous dead cat bounce (My opinion only) Greatec fundamental still intact
@Windy1974, which support are you referring too? I believe it may have been "broken" before another time in the previous month but did not fall below RM3. Not asking ppl to hold/buy/sell, but DYOR as everyone are just talking 1 sided story.
What I'm referring to in my previous comment: 12 Apr - Low of RM3.8 18 Apr - Low of RM3.77
We have been moving sideways for about a month now. On every low, people come out to say that it will go even lower. On contrary, when it is high, there are also people pumping hopium that it will definitely "limit up" or go even higher. Neither happened over the past months. Could it happen in the future? Maybe. But why gamble? Study the company that you want to buy, rest easy at night. DYOR.
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Posted by monetary > 2022-04-28 15:26 | Report Abuse
dont talk so much nonsense lor. tonight fast2 go grab some nasdaq stocks. later both bursa n nasdaq took off u ended up Mr Talk Oy. lol!