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So what is gg to happen when halt is lifted? A bullish or bearish charge?
37 million shares placed out at 8.1 cts
Seems that there was very few shorts on Monday, so the bulk of sellers must be genuine holders who panicked and grabbed the opportunity to sell their shares before the 37 million shares at 8.1cts are available for off loading. The shortists haven't even started to do their job, yet the share price crashed so much. Hopefully the shortist does pick this counter as their next target.
a lot of people said the same of ipco when it happened
its slightly more credible than you might imagine. just gotta do some estimation
for simplicity sake, let's assume average price of 0.17 for everyone who bought in.
40,000,000 x 0.17 = S$6,800,000
again, to simplify matters, let's assume every speculator bought an average of S$10,000, conservatively (of coz some contra)
6,800,000 / 10,000 = 680 speculators
ie you only need about 680 believers to be on the other side of the sell down
h0ly0wl ( Date: 02-May-2013 22:45) Posted:
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40 mil shares by retail speculators? Abit exaggerated leh.
ya. i think the new ssh is prob retail speculators nominees
h0ly0wl ( Date: 02-May-2013 18:19) Posted:
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Old SSH dump, but there will also be new SSH ma.
Avoid those stock that do placement to multi placee..they might jack up the price and unload to all retail investors...they are not keen to make profits for us..the retail investors...
Confirmed!
SSH dumped their shares on Tuesday.
Just declared on sgx website.
Mah De. !
edwinjup ( Date: 30-Apr-2013 20:29) Posted:
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no one got any news?!
when resume trade? and what trend?
Good or bad news??? Hmmm
Halt =.=
where got doom ? hehehe..........lorenzo still at 13.4cts still 4.8cts before run. cna at 13.1cts still a good 4.1cts.......but if it chiong to high then buy that can only pray lol..........
iluvboost ( Date: 01-May-2013 11:32) Posted:
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CNA , doomed... like Lorenzo.
lawcheemeng ( Date: 01-May-2013 08:18) Posted:
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hehehe still as exciting...........only fot some......loh.
What happened to round 4? Toppish top 1st volume, reach 0,20c huhh.
| CNA | Op-0.220 | Cls-0.131 | -0.079cents | -37.6% | Volume-169,911,000 |
lawcheemeng ( Date: 28-Apr-2013 20:58) Posted:
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BLOODY CHG KAYS!
I think it the placee unload their placement..they got it at 8cents....matex the same case...sgx may need to take some actions ..after all..retail investors help bb to earn millions and burn themself....i hope a.lock up peroid of 3-6months for all placements..especially those got some diacount...
from the looks of today trade.. seems like a lot of retailers kana burnt badly..
this is the most clear case of pump and dump by BBs..
reason for the increase is ...placement....
that is y still got reason for the next increase...