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(21-12-2021, 01:06 PM)Gemstar Wrote: At price of $3+ more reasonable. Seems like manipulated. I knew UBS is holding a big chunk of these shares. Hv to be alert.
It can be $3 or $25.
The addressable market is vary large and the operate across borders. I feel this stock is totally under rated at this point in time and people are just saying overvalued because it rose from 90cts to current level.
I purchased the stock mostly at 90cts and some at $2 and not sold a single share.
As it rose stocks took on took on too many short term traders who wanted to take a free ride. Most have been shaken off.
My view is this stock remains totally undervalued. ...because of ability to scale and advantageous cost structure.
It shows it is able to operate across geography Singapore Malaysia Thailand China.
Fintech remains high in potential to scale up ........
It is just one digital banking license away from doubling....and that is just a matter of time after it missed the sg license.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 21-12-2021, 02:04 PM by
sgbuffett.)
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After the trading gurus tell their students to cut loss and short when $8 support broken. Stock rises back up.
Today saw gurus ask students to buy on "breakout" of thjs stock ISDN once it goes above 70cts.
These gurus create a lot of noise on the market through their followers buying and selling stocks everyday.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(28-12-2021, 04:59 PM)sgbuffett Wrote: After the trading gurus tell their students to cut loss and short when $8 support broken. Stock rises back up.
Today saw gurus ask students to buy on "breakout" of thjs stock ISDN once it goes above 70cts.
These gurus create a lot of noise on the market through their followers buying and selling stocks everyday.
These gurus short term calls can make some pocket money as they did move the stock price.
(This post was last modified: 28-12-2021, 05:03 PM by
Zannn.)
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This is what one of the 4 gurus send to thoslusands of followers on 20 Dec 2021 causing them to sell/short at tike same time- that was the exact bottom for the stock. He also predict stock will go to $7 etc. I dare say its more likely to go to $9 than $7 by Jan 2022.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 28-12-2021, 05:12 PM by
sgbuffett.)
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(28-12-2021, 05:02 PM)Zannn Wrote: These gurus short term calls can make some pocket money as they did move the stock price.
They can move the stock price temporary...by asking followers to buy or sell. Usually the stock will reverse the move shortly and followers are left holding the bag.
Having said this ...it is nothing compared with short term trading of China stocks on HKSE. They are producing so much short term volatility that reverse on itself ...
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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