I still have no idea what you folks are talking about....

Like I said... I don't follow what he farts...

After this pandemic, Harta will rise up even stronger than topgun. They didn't increase the price as much like Kossan, they stick on their principle and merely increase 5-10% and it is a good time to win new customer's order and loyalty towards them. They purchase another plot of land at Banting to build NGC 2.0.

Maybe... but I am not a fan of Harta

Not related to him la. Just whatever he touches has an inverse V pattern "^" .

So many round liao, i think this round he trapped the most people

Well... every single time.... nothing good happens.

So this time, what's the story? Last I know, his 100 price for Top Glove......

He sold all last week, and wrote blog post say price will rebound don't worry. Really standard SOP

Call for 100 .... but not yet 30 already dispose?..... LOL!

Standard SOP crap from him once more......


Such an asshole honestly.... if he can write 100... why sell when TG did not even touch 1/3 of the value?

no class jerk man.... next thing you know... he will brag about doing charity!

ps .... hope you all understand now why I despise him so so much. So rich and yet need to do all his nonsense. Quit writing la. If he is good, why need to advertise and promote everywhere what he buys? Hope water fish come help and prop up his shares so that he can sell ah?

KNS!

its his hobby kot...

He totally destroyed his own goodwill

It's a totally different ball game if you look at how the trades are set up.

Take a penny stock selling at 5 sen, where the buy/sell bids are 0.045 and 0.05.

In simplicity...

To get the 'discount' at 0.045 the buy queue is usually massive.
which means you need to send a buy bid every day...
and it becomes a game of chance of you buying at 0.045.

if you do not want to wait (ie queue to buy at 0.045), you can take the seller at 0.05.
with the next bid at 0.055, you know you can 'make' money selling at 0.055....
but then usually the buyers are willing to Queue to buy at 0.05....
which means... it also becomes a game of chance of you selling at 0.055.

Get this simplicity stage so far?

Your chances of winning relies heavily on whether you can buy at your desired price and also sell at your desired price.

ok?

and for the above, it doesn't take into consideration of whether the stock is going up or going down or is the penny stock is good or not....
now if you put that into consideration... and then when you add into the consideration of the lottery of being able to buy/sell the stock, the risk intensifies...

every buy/sell bid spread percentage is massive.

get it right, one can really win big but if you screws it up... the losses can really magnify when one is in a rush to dispose the shares ie selling it to the buyers bid - consider the above example.

You bought at 0.05 ... stock falls to 4 sen. The buy/sell spread is 0.035/4 sen. But selling at 4 sen is super hard cos one needs to Queue and one needs to wait.... and so if one gives in, one need to sell at the buyers bid at 0.035.... ouch. Count it back... buy at 5 sen. Sell at 3.5 sen. Can you count the percentage in losses?

certainly not advisable for newbies and not suitable if one does not have substantial capital....

ini topgun 2 days sudah buy back about 200mil of shares, this is crazy

You must had caught the rebound.

No follow leh. You know I cannot play such trading. Never good at catching the rebound. Yup, my account catching cobwebs.

So much buybacks? If so much, sure attract speculators.

The last reported q... errr... u go see lo...




... have a good weekend la..

Cheers

Caught and cut loss

Anyway the swing was too huge until yesterday closing price force me to cut loss.

Harlo Boon, RPT bailout is back on menu for genting

https://www.theedgemarkets.com/article/gent...-empire-resorts

I'm part of the Lim family bailout fund now. I wonder this round is it buy rubbish back again or got potential hmm

Ouch!!

Now that's a surprise that you could be caught.

Aiyoyooo... as expected but this is something even worst lo...

Even without the rpt, casino business not good - worldwide.

Catch rebound is the toughest one in my trading book, i think that require a lot of skill on it.

Oh well it is just a small amount compare to what i earn from the big wave, just treat it as lesson lor.

https://edition.cnn.com/2020/09/11/business...-hnk/index.html

What do you guys think about this news, gloves big 4 price tomorrow will be impacted or not? (e.g. Topgun drop again before rebound on tues?)

Went Sunday morning. Got some time to talk some ayam.

Ok, my main focus always is making good trade on a good setup. There's got to be a plan.
I would rather lose a well planned trade then simply trade and win...

This was Top Glove chart on the 9th.



As noted several days b4, I mentioned the point that 'top top' for TG... ie Double Top was formed....
and there we were on the 9th... TG is right where the neckline is for Double Top.... and most of all, it was already trading with the uptrend channel being breached... and technically the stock was already weak since the correction in July (yes, it did reached a new high after the correction but the signs were there (via the lower traded volume) that the big boys weren't interested in participating in the rally at THAT point (do they not believe the stock go could much higher?) ....and most important, the down days kept on increasing... the clearest sign that the rally doesn't have legs no more... it needs a good correction.

and oh.... the volume.... the volume looked better on the 8th and 9th.... (increase volume on down days? ) .... but the one thing that needs to be mentioned is..... we need to remember that TG is now 3 times bigger. so whatever volume we see now.... we need to remember that TG is now a stock which is 3 times bigger!

That was where we were on the 9th...

So clearly, it wouldn't be good trade in my books to go in on the 10th... and when I saw the message.... it was starting to trade below the neckline already....

the thing I asked...

Aren't I clearly betting against the market? If the stock decline started gathering momentum, do I even know where the exit door is? ( yeah... I could guess where the so called support is (hate such trading) or I could use % as my cut loss ... but nah, I fancied neither... )

and yeah.... what's the catalyst to enter the trade? Catch the rebound? Nah....

Everything else.... still the same for me. There's nothing new! Still waiting for TG to show me their big earnings... which is at least 1.5 B for the coming quarter...
Any earnings else is technically very, very good but we need to remember... it's already as expected by the market.... which is a joke really. TG could report 1 billion in profits.... which will be very, very good ...... 1 billion profit wo.... but then..... those marker scientist had already spoiled it lo cos such profit numbers was already as expected......

So I really dunno how to trade TG on the 10th.... and so TG closed on the 10th like this...





and btw the buyback is reckless....
But for now... nobody will care .... cos the stock rebounded nicely.... dragging the whole market up....