
Nasi lemak meh?
You don't bruff me la.

Saw the TH news.
Some past events for you to consider.
I mentioned this b4 but not sure you are aware but anyway, you would have guessed/known by now that I consider PN17 as being in jail.

This is a lame phrase I picked up online a couple of years ago.
Anyway, when a stock gets of jail, there are 2 events of worthwhile.
1.The unexpected ones. Those that are hardly in the news and when this type of jailbird is released, the eruption of joy is so immense that the stock, which hardly have any significant movement prior to the news, will surge like crazy. Like a jailbird enjoying whoopie after many years....

2. The other ones? The ones that is known. The ones that are all but waiting for the official date of release. It's a known issue. The press had already been highlighting this imminent event. And the stock is already up in anticipating of this good news and normally, what one gets is a muted response on the official news and the stock quickly retreats after the news. Why? The good news is all but priced in and the next possible catalyst is the company delivering strong earnings performance.
Now if I have to guess, I think we might see a sell on news situation here.
The stock was sleep walking almost all day and then it suddenly woke up around 3pm+.
From 58 sen the stock closed strongly at 61.5sen.
Yeah, someone knew earlier eh?
Anyway, I think we could still some buying euphoria early on but strong profit taking could emerge.
*batuk

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You might want to consider 'selling on strength' or 'selling on signs of weakness'.
Time to take profit,ya.

yep i agree, the news already anticipated by many, hence the recent push up.
0.48 is not my only entry point...there are much2 lower than that. but yeah, I'll definitely take profit on the first sign of weakness
