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When you observe and read the queue whole day, very obvious we can see that stabilizing not pushing price, but AmInvest look like are trying give way to their "friend" to escape on certain price,0.93, 0.95 ,huge queue suddenly appear, and huge sell suddenly happen.Just look like exchange from one party to another party with proper planning. Timing and volume match with situation i suspicious.
When AmIvest finish cash out 20million shares to other cooperate third party account, this counter Swift will become penny ,since it value and responsibility had done and fullfilled.
OK. You now revealed to us their new strategy. Someone with huge funding is behind this. The Edge exposed sudden price jump and drop on other penny stocks and they found that Cita Realiti was behind these moves back in July until end of November this year. The number of traded volume are extraordinary high. Never mind this. It seems SWIFT has settled down around 95sen.
Thank you MJC for your insight. I appreciate this.
@NAZR I mean the huge funding party is Stabilizing agent(AmInvest),they still had rights of 11 million shares to stable the market. Need to remind that, today buy market without contra player,so can assume their holding power is strong like can hold price to 1.0 or something like 10-15% .
MJC, I know what you mean. In this case, we don't reveal our position. We just wait for the right time. We sneak in and grab what we can and get out fast. Just like CCS suggested.
i don think its complicated to this extend, simply cut the first day (T+2) Ikan Bilis whose don have power to Hold, Second make force sales to those think still can hold another day before (T+3) 4pm.... then roll it back to green zone... got the chip on hand....wait for next week window dressing....
The thing to do for weekend is, see whether any media report the "good news" on Swift price or not, if do so, mean someone try to spread the "good news" to attract more player
no good news announcement required...ipo itself is good enough...3days straight drop already make ikan bilis ball drop off...and surrender angpao to operator...
