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And the opposite is also true about bad news. That is when BBs can collect cheaper and store these positions until the ripe time to push up to sell.
DummyA ( Date: 10-Jul-2017 10:15) Posted:
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As always, good news (rumours some big investors) created to draw retailer money in... Then price went up and more people chase the price and bought high.. then price tank and people have to cut loss and lose money.. now no news and price tank... So we probably waiting for another pump and the same thing happen over and over again... BB always win
PS don't always blindly follow good news. When good news out, that is the time BB unload their shares to you at high price
PS don't always blindly follow good news. When good news out, that is the time BB unload their shares to you at high price
Lellong lellong. Even karung guni man dont want to take it. Good luck
A lot of schips u can never be sure. Just before China Hongxing' s collapse, they look in the pinkest of health. Believe a lot of big funds also go plugged. Ferro China, so many buy calls from the major broking hses here. What happened? Conventional wisdon .... be a bit more circumspect.
alexspt ( Date: 26-Aug-2015 23:49) Posted:
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Original shareholders got cheated by SGX thinking that its true value will be reflected in share price. Good luck
at 1c market cap is just around $9mln . at 2c its $18mln. 3c its $27mln only. just sell 1 sentosa bungalow and can buy up the whole company
no long term debt. empty all the cash in bank , sell off the factories and create a shell company for a reverse takeover. perfect toto candidate with no expiry date. no contra . buy and hold til kingdom come.