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Why Biolidics share price significantly dropped
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I hope you are right.
Jesmar ( Date: 24-Apr-2020 13:23) Posted:
| Can expect a strong technical rebound to 50cts thereabout as price has dropped too much less than 24 hrs ....almost 50% drop from high.....easy sip kopi....huat ah!! Happy trading folks!!! |
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Can expect a strong technical rebound to 50cts thereabout as price has dropped too much less than 24 hrs ....almost 50% drop from high.....easy sip kopi....huat ah!! Happy trading folks!!!
@actan99, your link is not working... otherwise can view the ownership in SGX website
https://www2.sgx.com/securities/equities/8YYactan99 ( Date: 24-Apr-2020 13:10) Posted:
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Ummm........ issue is it up too fast in short time. That's why.
actan99 ( Date: 24-Apr-2020 13:10) Posted:
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Did abit of research this company, under ownership of this counter, Singapore Enterprise A GOVERMENT AGENCY holds a 10% stake in this company. This should be viewed as postive right ? I mean why would a govt agency invest in this company if it has no growth potential. The SG GOVT is backing this company. See below link for more information. So it should be a positive right ?
https://www.morningstar.com/news/accesswire/586556msn/aytu-bioscience-announces-exclusive-distribution-agreement-for-covid-19-iggigm-rapid-test-with-singapore-based-biolidics-limited?fbclid=IwAR1s5ycwXKA3V18RdqZeB8gwTQzq9eyS6Oj1pOXMEUbhUg0rXsKqUKcaKKQ
So many dreamers !
trade restriction but down trend price still well absorb, it show this counter still have the support from BBs which not affected by the trade house restriction.
go think who is buying now if the contra trade not allowed in this counter??????
Time to push up & catch the shortists this afternoon. Huat 888 Good luck
no worries. i ain' t offended at all. friend friend still. lolllllll
ShineY ( Date: 24-Apr-2020 12:50) Posted:
@Innocent, apologies, was reading many thread at the same time and misunderstood you.
Innocent ( Date: 24-Apr-2020 12:46) Posted:
| @ShineY, i ain' t talking about the price trend of theis counter lah. I m merely giving my guess to reply someone who mentioned old messages & /or threads of this counter been suddenly deleted & he suggested further that police may be investigating that news got leak out to pump up the price. Lolllllllll |
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@Innocent, apologies, was reading many thread at the same time and misunderstood you.
Innocent ( Date: 24-Apr-2020 12:46) Posted:
@ShineY, i ain' t talking about the price trend of theis counter lah. I m merely giving my guess to reply someone who mentioned old messages & /or threads of this counter been suddenly deleted & he suggested further that police may be investigating that news got leak out to pump up the price. Lollllllllll
ShineY ( Date: 24-Apr-2020 12:38) Posted:
| Your opninion is right, but not at this moment and it will be slowly fall, keep up and down not suddenly to the lowest. If you look at the trading volume in " minutes" , you will realise that majority traded in higher price i.e. 0.80 and above, obviously the fall was due to the over worried by minor investors. As majority investors bought at higher price will not be selling at this lowest price, the share price will definitely go up if the stock still actively trade after the " shock" |
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@ShineY, i ain' t talking about the price trend of theis counter lah. I m merely giving my guess to reply someone who mentioned old messages & /or threads of this counter been suddenly deleted & he suggested further that police may be investigating that news got leak out to pump up the price. Lollllllllll
ShineY ( Date: 24-Apr-2020 12:38) Posted:
Your opninion is right, but not at this moment and it will be slowly fall, keep up and down not suddenly to the lowest. If you look at the trading volume in " minutes" , you will realise that majority traded in higher price i.e. 0.80 and above, obviously the fall was due to the over worried by minor investors. As majority investors bought at higher price will not be selling at this lowest price, the share price will definitely go up if the stock still actively trade after the " shock" .
Innocent ( Date: 24-Apr-2020 12:28) Posted:
| in my humble opinion (though i ain' t hving any vested interest in this counter @ all), price pump-up can still be justified by the news of its test kits used or to be used in US, Europe, Philippines, etc but more likely commercial investigation related to the selling down because there ain' t any justification to that. Just my humble opinion & remember, i ain' t having any vested interest in this counter @ all (be it just100 shares or 10s of mil shares). Lollllllllllllllllll |
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When Brokerages place restrictions , that' s it.
It is the death sentence already , going back 50 cents or even 60 cents will be really very lucky but closer to impossible.
Accept the new norm , 40 + cents. It is still higher than the 20+ cents prior the run , 100% higher in fact.
This range shall be where it belongs to
Yes Up 1 pips, down 2 pips slowly reach bottom
ShineY ( Date: 24-Apr-2020 12:38) Posted:
Your opninion is right, but not at this moment and it will be slowly fall, keep up and down not suddenly to the lowest. If you look at the trading volume in " minutes" , you will realise that majority traded in higher price i.e. 0.80 and above, obviously the fall was due to the over worried by minor investors. As majority investors bought at higher price will not be selling at this lowest price, the share price will definitely go up if the stock still actively trade after the " shock" .
Innocent ( Date: 24-Apr-2020 12:28) Posted:
| in my humble opinion (though i ain' t hving any vested interest in this counter @ all), price pump-up can still be justified by the news of its test kits used or to be used in US, Europe, Philippines, etc but more likely commercial investigation related to the selling down because there ain' t any justification to that. Just my humble opinion & remember, i ain' t having any vested interest in this counter @ all (be it just100 shares or 10s of mil shares). Lollllllllllllllllll |
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Your opninion is right, but not at this moment and it will be slowly fall, keep up and down not suddenly to the lowest. If you look at the trading volume in " minutes" , you will realise that majority traded in higher price i.e. 0.80 and above, obviously the fall was due to the over worried by minor investors. As majority investors bought at higher price will not be selling at this lowest price, the share price will definitely go up if the stock still actively trade after the " shock" .
Innocent ( Date: 24-Apr-2020 12:28) Posted:
in my humble opinion (though i ain' t hving any vested interest in this counter @ all), price pump-up can still be justified by the news of its test kits used or to be used in US, Europe, Philippines, etc but more likely commercial investigation related to the selling down because there ain' t any justification to that. Just my humble opinion & remember, i ain' t having any vested interest in this counter @ all (be it just100 shares or 10s of mil shares). Lollllllllllllllllll
mkang2019 ( Date: 24-Apr-2020 12:15) Posted:
| So obvious why Admin deleted the thread as someone inside the forum must have either received inside news or was trying to pump up the stock by spreading false information so they are very worried about police investigation now. |
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sorry wrong thread. should be for clearbridge.
chipchip66 ( Date: 24-Apr-2020 12:33) Posted:
| maybe BBs was irked by conversion to shares at 14c to an investor. He can dump the shares starting 27th April so BBs probably panicked and went into sell mode. |
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maybe BBs was irked by conversion to shares at 14c to an investor. He can dump the shares starting 27th April so BBs probably panicked and went into sell mode.
The earlier thread deleted was due to Forum title not correct. The prior one show title as other, this one show as Biolidics.puppey ( Date: 24-Apr-2020 11:52) Posted:
| something happened to this counter soon ? thread gone now wtf ?! |
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in my humble opinion (though i ain' t hving any vested interest in this counter @ all), price pump-up can still be justified by the news of its test kits used or to be used in US, Europe, Philippines, etc but more likely commercial investigation related to the selling down because there ain' t any justification to that. Just my humble opinion & remember, i ain' t having any vested interest in this counter @ all (be it just100 shares or 10s of mil shares). Lollllllllllllllllllmkang2019 ( Date: 24-Apr-2020 12:15) Posted:
| So obvious why Admin deleted the thread as someone inside the forum must have either received inside news or was trying to pump up the stock by spreading false information so they are very worried about police investigation now. |
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The earlier thread deleted was due to Forum title not correct. The prior one show title as other, this one show as Biolidics.
mkang2019 ( Date: 24-Apr-2020 12:15) Posted:
| So obvious why Admin deleted the thread as someone inside the forum must have either received inside news or was trying to pump up the stock by spreading false information so they are very worried about police investigation now. |
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Wah 25/30 is abit low. It?s possible theory wise since the nav is about 4.07c. Let?s see if you are spot on.
guards80 ( Date: 24-Apr-2020 12:00) Posted:
It wont go back to square before rally price. Hmm maybe about 250to300
guards80 ( Date: 24-Apr-2020 11:58) Posted:
| Medtecs also like that when chiong high. Then go down and some brokerage restricted. Then u will know liaoz price will go until wher |
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