
It's true, don't waste bullets.:-)
Let the market makers play amongst themselves.
Keep the brokerage fee for other better penny counters
LimpoRock....how low can it go????????
this counter is penny of the pennys..
True as it is very difficult to trade. I just take a long shot as loss is only pertaining to brokerage fees.Wishmeluck.
Penny stock... TA people should avoid like the plague
is just over over really over supply, 400,000,000 queueing to sell at 1 cent. The floating is too huge for market to absorb.
1000000 sell down at 0.5 cent. only 80000 buy up at 1cent. 2 trade done today.
Don't forget, if you willing to buy up as many as you want, more will join to sell at 1cent. Also those unknown volume hide behind the normal live update.
The circulation must cut down a few time by merging, eg 100 shares merge to 1, to reduce the floating.
ten4one,
You got the point there about high volume. :)
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You got the point there about high volume. :)
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Of course vol is huge for this counter. 500 lots only cost you S2,500 + brokerage charges. If you've spare cash just buy and keep it in cold storage for better or worse! Possible of making some quick bucks (speculating) when the announced change takes effect. Cheers!
huge volume on this counter, few hundred thousand each queueing in bidding and asking but only few thousand deal.
Time Watch Investments wants to switch focus to the more lucrative watch distribution business and is aiming at the Middle Eastern and European markets.