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andytanks, it is not a problem if the trading volumns is maintained. Cheers!
Still finding it stand and break thru... the 20 cents barrier...
As expected, the afternoon trade is quiet will less than 10% traded. Most of the 20m was traded in the morning with 1m plus in the later part of the day at average price of 19 cents. Thought that the party just began but was such a let down. Non-eventful day with the exception of BB accumulating their stocks
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Nice volume so far, support is strong with much activities going on fluctuating between 18.5 cents to 19.5 cents. Need BB to snap up before it can break the pyschological barrier of 20 cents.
BB selling 3m plus at 18.5 cents to drive the price down, but seems there are another group accumulating all at 18.5 cents quickly. A stronf support seems to drive the counter to top 10 in term of volume.
Seems sentiments simmer down ... very quiet leh, afternoon will be worse from past experience for this counter.
Here it goes again, accumulation at 19 cents. The Up and Down strategy to tempt sellers out.
BB really at work, at one stage, there are buying Q at 8m over to buy at 19 cents and seller Q 19.5 also at 8m plus, suddenly with a selling of 1m shares at 19 cents, GONE is the Q of 8m plus share Q-ing at 19 cents.
The buying slow down withh BB holding firm at 19 cents, still accumulating and not wanting the price to shoot up too fast. Hopefully, this is not the usual trend of buying in the morning and reeze thru out the day.
Ha ha, hit the top 20 volume.....more to come
Strong accumulation at last, possible Frontline in play today. Breaking 20 cents????
Now 19.5 cents....
BB is in, buying fast and furious, pushing it to 19 cents....
As usual, Frontline starts off positively at 19 cents but flatter out at 18.5 cents at the latter part. Today trades of 9m at average price of 18.7 shows firm support at 18.
Maintain at the 18.5cents mark....
At the rate FL is creeping, it is still a long long way before it reaches that height. Moreover, this creeper tends to climb a little, take a rest, climbs again.......hmmmmmm quite sure-footed in a way too! I like what I saw! Cheers!
Will be Morning Glory when reach a certain altitude of the fence. With US market rebound, hopefully Frontline will break 20 cents pyschological barrier. Cheers.
FL is just like a slow creeper and climbs over obstacles sure-footedly. It is no Morning Glory! Cheers!
That's right, managed to hold its position pretty well despite market drop. Volume is a bit low at 6 over million share traded. Thought speculator will dump more than that in a panick situation but it doesn't happened, probably due to penny stock is in focus due to their high return rate in term of percentage. Moreover, blue chips are rather steep in price for now, what better option right???? But today BB managed to flush out about 2 - 3 million shares at 18.5 cents and pick the different of 3m plus also at 18.5 cents. 19 cents was maintained and this is crucial for next week attempts to break thru 20 cents and its previous IPO price. Patient do pay off.
FL maintain it footing at 19 cents and did not drop despite of the down turn of STI... Should see more upspring in the stock...
