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U need to have knowledge not just enter counter only when people recomend. There is risk in whatever u enter although its good FA counter. So for this counter as u see not purely retail trader buy it must have big trader or investor absorb the selling pressure. Retail trader will not buy this kind of counter unless u dont have any input or knowledge how its move. If its can sustain above 3 cent or touch 4 cent today its a strong breakout that someone absorb selling pressure.
Correct redang agreed with u.... hahaaaa synd push and run tactics ....this concept is related to the momentum trading strategy, where traders "push" an asset by buying into a rising trend (a "push") and then "run" (sell or close the position) when the trend shows signs of reversing or ending. This strategy profits from price trends by using past price information and assumes that rising prices tend to keep rising and falling prices keep falling
We learned together ... everyday is a learning curve.
Nothing to ketimbang... we discuss and put foreward our views and analysis .... but sell buy of course ownself decision. We need a transparent analysis based on dynamism of stock movement and helps one another to profit. Trading stocks can be very wicked and mercilessly . Hepi when able to make € for family kfc but always be aware of traps and holes ... by synd etc etc... take care traders . Gud luck to all do not get cornered easily
Looking at its Long-Term Viability ....The company's ability to return to profitability and secure new contracts will be critical for sustained price appreciation .
At present it is assessed that Market Speculation dominate the up and down stock price. Short-term price movements may be driven by speculation rather than fundamental improvements
N and Redang u rite... but if u hve the know how... can read synd mind and modus operandi .. the better... at the moment with pn17 status.. synd is playing dirty games to cornered bilis. Analysts very sceptical unless u hve strong long term holding power. This is a loss comny . Look at Q results ...... and debts and facing court cases
Even though it is still trading, its PN17 status means its future is highly uncertain. The company is required to submit a regularisation plan to Bursa Malaysia for approval. If this plan is rejected or fails, the company could then face delisting.
Therefore, trading this stock is extremely speculative. The price is highly volatile and reacts strongly to any news about its restructuring plans. Investors could potentially lose a significant portion or all of their investment.
Syn playing push and pull games look at bid and ask .. in millions they parking there as gatekeepers to lure bilis into.. could it be retails players????????
