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Can you all see how Dpharma is controlled now? With just a few hundred k shares volume a day they can press it down just enough to break previous low, and they can pull it back up effortlessly with just 1-2 million volume . This is left to right hand, right to left hand game
1.41 today. Short timeframe breakout. Fake breakout or real? Dpharma must stand firmly above 1.4 on a technical perspective , but bots manipulation make it tricky to catch
Quap: imo, pharmaceutical companies generally manufacture medicines based on supply and demand (which is quite constant). Under normal circumstances, writing off expired medicines is not a major issue. However, in Pharmaniaga’s case, it was a one-off incident — they misjudged the duration of covid and ended up purchasing excessive stock.
Obvious manipulation. Last min press down to 1.35, buy queue cancelled around 3-4pm. Fundamentals intact, for any value investor 1.2+ region is just a no brainer buy. No point guessing how they wanna wash it up and down