watching this + UWC...

Bursa is famous for sell on news especially when a share is up for no reason until the valuations are absurd before the news

Pumping phase to entice #retailers to chase uptrend.

lol yeah... I averaged down this morning for greatec thinking it dropped enough.. then it dropped further ... Now I closed off the tab and not gonna look at it again

dropped due to lordstown fake order issue. greatec build new factory at batu kawan, should be uptrend in the long run.

All the following stocks failed the valuation test unless you are playing TA:

1. UWC
2. Greatec
3. Solarvest
4. DNEX

Enter at your own risk. Win really big or lose the shirt off your back.

Please don't play margin.

My 2 cents.

Take it as chance to sell out. Buy on rumour sell on news.

When all the retailer came in, best time to offload your holdings.

This is what syndicates were practicing.

Many thought this is "washing" or buy on bargain and hoping for rebound.

Such a nice narrative

Those uninitiated have no idea how the game is played. believe more are trapped at dead cat bound.

diamond hand is term given for bag holder to feel good.


This post has been edited by icemanfx: Mar 15 2021, 05:01 PM

how on earth ambank can back to pre settlement price in such a short time, this is bs.

could mean merger talk is back on the table.

it implies oneamdeebee was bs, fake, no such thing happened?

Well sometime a certain stock will have many rounds of goreng. If lucky there will be new story and a new up wave again. Tech is one that has alot of repeated deals, M&A, new customer etc.

Some once all the story run out and nothing more, it will keep on sliding back to it's original price.

When the market is exuberant, any news is reason for price to rise, and fake news push price even higher. the higher and faster the price rise, more will chase.

as tech evolve rather quickly, more opportunity to make news. and most novice retailers are tech savvy, more inclined to tech stock. hence, plenty of opportunity to goreng tech stock.

This post has been edited by icemanfx: Mar 15 2021, 05:22 PM

That's why if wanna punt. Punt meme stock / trendy familiar stock like tech, household brand etc like AirAsia, Genting etc.

Just don't bet your house and underwear will do.

Sold some Keyasic to take some money off the table. When the washing machine churns again, I'll be back.

U still get profit. Bersyukurlah

You really make sense of what is happening.

Looking for red meme to punt

in bursa, all of them fail either TA or FA or both!

very tough to find anything that rises consistently.

something is not right, maybe something big political is brewing... or the RM will dive soon?

it is unusual local institutions are dumping and dumping for weeks and months... i guess these are the local IBs, insurance cos, kazanah, epf, pension funds, trust funds, etc.

are these guys quitting the country and buying foreign stocks and properties??

even foreign funds are buying sometimes... while retailers keeping throwing in their "grave money".

https://www.pickastock.info/MarketParticipation