in fact, i'm fine with today's performance. the buying strength is still strong(by looking at the 1000+ lots transactions), and price didn't drop much after a strong 15% up in 2 days. so i'd consider today's consolidation healthy. i think next rally may come soon to breakout the 0.30 resistance. please judge your own. Just my view only.

Please share more details on their near future plan and progress. Thanks!!
Were they been asked about current price drop? How they response?

This post has been edited by yok70: Jul 28 2011, 06:42 PM

Thanks for sharing.

But they also offer same amount of warrants. So that means they also raising fund at the same time while offering bonus shares as both are at the same ratio of 1 for 1.

I agree with you, I also think it's a positive news. I think price plunge because sharks cooked the price too high in the sky, so consolidation becomes necessarily. In fact, it should be the sharks again who triggered this sky fall drama.

This is great! Now we can see price stabilize in short period of time since panic sell will happen immediately and if there is sharks start to accumulate back that also will happen immediately. No more long dragging game. Anyway, this kind of stock (this kind of CEO), better play with tight cut loss/profit taking points.

---

Added on October 19, 2012, 11:41 amPETALING JAYA: Asia Media Group Bhd chief executive officer Datuk Ricky Wong Shee Kai has parted with 22.6 million shares in the company after selling them in the open market.

Wong, who is the founder of the company told StarBiz that these dealings were for “individual capital management.”

“Yes. There are some (shareholding) dealings for individual capital management. It’s nothing major and it is on (the) shareholder level. Nothing related to the company,” Wong replied in a text messsage.

After parting with his 9.02% stake in Asia Media on Tuesday, Wong now owns 32.43% in the company, stock exchange filings show.

It is notable that Wong told StarBiz just a few days before hiving his stake in the company that he hadn’t sold a “single share” since the IPO.

http://biz.thestar.com.my/news/story.asp?f...63&sec=business



This post has been edited by yok70: Oct 19 2012, 11:42 AM

ready to cheong yet? sleep long enough? 2 months already woh.

he is a shark representative, i guess.

i'm still holding....and at the same time sweating....since there is no fundamental support on this stock, purely speculation....