| Latest Forum Topics / Shen Yao Last:0.002 -- |
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Medtecs
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black_white
Master |
26-Nov-2020 14:50
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Same. Don' t expect to buy cheap at 0.002 - Those who get 0.002 are likely the BBs who have thick queues ahead of the retail investor, and who use computer to key in trades for them faster than you upon gateway opened for trading daily.  | ||||
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black_white
Master |
26-Nov-2020 14:47
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Shortists are trapped today. BB in accummulation mode and not giving away cheap as well liao. Force shortists to sell at 0.002 with the thich queue at 0.003 - This morning give them chance to let go at 0.003, but some still don' t sell. Now kena force to sell at 0.002. Expect this to continue for today and at least till tomorrow morning. Then the profile of this stock will be in strong holders' hands waiting for the next push. Gd luck to those shorting. See how the sell down is pushed back to 0.003 so fast? Gd luck! |
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black_white
Master |
26-Nov-2020 14:02
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err..... Why you look at 2019? Since then a lot of major changes lei, including takeover by Yaoo.... Lol. Read here lah (2020: http://liongoldcorp.listedcompany.com/newsroom/20201007_073018_A78_6A7H0RCUYP4H7B7P.1.pdf 83.47% of shares owned by 20 individuals/entities!
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MBULLISH
Elite |
26-Nov-2020 13:50
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LionGold will come back king again
Not to worry Blumont is leading now 7 years ago we had a fantastic run. This is just the start of Blumont and LionGold Both will run very fast and furious Just wait for the action patiently Pick up and ride on it Strictly no contra Dyodd |
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journeyman
Member |
26-Nov-2020 13:49
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based on annual report 2019, more tha 40% of the share kinda  own by public....thus wont be easy to move. need to consolidate more i guess. http://liongoldcorp.listedcompany.com/newsroom/20190705_073416_A78_XMWSPF73U735A321.1.pdf page 110. |
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Ushnisambatha
Senior |
26-Nov-2020 13:43
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Interesting assertion:buy at 0.3 ct you die,sell at same price you also die.So the best thing is do nothing but trend watching. This also begs the question who then are the ones selling? Can' t be the greedy ones because there is nothing to gain as B& W said,also nothing at all to fear because of the huge inventory value of $12 m(like USA Fed reserve),hence must be the only reason of need.In view of this,I think we do not have to wait long before the price charge up again.I also don' t give any hoot to gold price because they are specialist hedge funders.
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black_white
Master |
26-Nov-2020 13:33
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It will come. Just wait. Other penny counters burst up too fast - Not good. They will decline over the next 2 months. Gradual trend downwards. Inflow will then come to counters that have many investors that are positive about it, as well as good financial statements and under-valued thus far.
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lailai
Elite |
26-Nov-2020 13:01
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Tdy, done almost 100% at 003. Top Volume #3. Think accumulators are waiting very patiently, maybe for months to a yr for multibagging. So if got patience to keep, can join them, otherwise forget this counter. Other than 23rd TV #1, it' s going to be very boring for a long time to come. |
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black_white
Master |
26-Nov-2020 10:22
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I keep telling people as well: Read in between the lines for every transaction. I have been monitoring this stock for 2 months every day, every minute. Making conclusions based simply on frequency of sell-downs/buy-ups, volume of sell-downs/buy-ups is not sufficient. Looking at technical charts is one of the many requirements - But reading chart alone will not be sufficient. Similarly, looking at company profile and financial statement alone is not sufficient. So in gist, I want to say is that this stock has taken a turn for the positive but don' t expect short term gains like Oceanus, etc. You will need to hold this for weeks, if not months, to see successful cruise up thereafter. Remember - the float volume is large. BBs (and any other big player interested parties) will need time to accummulate at low base. So it will not fly so soon. |
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lailai
Elite |
26-Nov-2020 10:09
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This counter is for long term multibagger, not for short term. Keep in pillow for a year or so, and see the peanuts change to cashew nuts. Can buy 003 straightaway, but difficult to sell at 004, esp for contras. Q for 002, think can forget it unless u are at the beginning of the q. Likely to stay at 002-004 for months, not just weeks. Not likely to break 005 at least for the next 2 months, maybe near the next qtrly result in feb. BTW, coy has been profitable since FY2019, think after the new boss took over.
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black_white
Master |
26-Nov-2020 09:49
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I think the next try will be when the next quarterly report is out, or when gold price improve significantly, whichever comes first.
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makdatok
Supreme |
26-Nov-2020 09:48
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Next try ll be when gold price is near 1900
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black_white
Master |
26-Nov-2020 09:47
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It will not break so soon bro. You see the big swing from 0.002 to 0.004. They are forcing contra holders and weak hands to sell. Telling them " I give you chance to sell at 0.003 you don' t want? Then I push it down and force you to sell at 0.002" Those queues you see belong to BB. You will never be able to sell at 0.004, nor will you be able to buy at 0.002.
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makdatok
Supreme |
26-Nov-2020 09:44
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Hoping for "them" to break that 4 on the next try | ||||
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makdatok
Supreme |
26-Nov-2020 09:37
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The art of investing is 3...1) patient...2)patient...3)the previous 2 | ||||
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black_white
Master |
26-Nov-2020 09:10
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Look at the time stamps of the purchases. BB is definitely in, and it is computer triggered. All same time stamp for such a huge volume. Wanna short, be careful. Better to accummulate. BB is in an accummulation mode now. Prepare to hold for weeks if not months
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black_white
Master |
26-Nov-2020 08:54
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I agree. with the thick volume on each side, shorting is asking for death. it will trade rangebound 0.002 to 0.004 for a few weeks or months at least. You won' t be able to buy at 0.002 nor sell at 0.004. Shorting will only squeeze you at 0.003. Gd luck
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ThankYou
Supreme |
26-Nov-2020 07:34
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I never short sell unless by accident. Just checking with bro isolator if there&rsquo s the possibility of short selling in this share.
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Isolator
Supreme |
26-Nov-2020 00:04
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Short against trends will burn you... long to enjoy...
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Wealth98
Veteran |
25-Nov-2020 23:55
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Of cos , but spare this poor LG lah , already rock bottomed and dont tell me you wanna short this counter ? 
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