OIO    Last:0.03   -

Why no people talk about this IPO

48-50 no circuit breaker, now then cbr, whats the use of cbr?

 

Like i said, shorties that are waiting last min to cover will get burned

buayjinchu      ( Date: 06-Jul-2021 15:48) Posted: Rising liao, catching the shorts? merlin_magic      ( Date: 06-Jul-2021 15:08) Posted: Best case is to end at 48 cents.

 

Rising liao, catching the shorts?

merlin_magic      ( Date: 06-Jul-2021 15:08) Posted: Best case is to end at 48 cents.

 

Best case is to end at 48 cents.

 

The window to close naked short position is narrowing, especially for those done at sub 5 levels.

 

part & parcel of the game nothing new..
include blue chips
buy house
buy car etc :)

Pikachaimai      ( Date: 06-Jul-2021 13:58) Posted: my reason for posting is that these days, there are quite a number of crazy penny stocks that have risen not because of fundamentals. its just pure speculation. watever news or opinions written in this forum, take with a pinch of salt,  don' t get too carried away and play within own means.

 

aka pump and dump

Pikachaimai      ( Date: 06-Jul-2021 13:58) Posted: my reason for posting is that these days, there are quite a number of crazy penny stocks that have risen not because of fundamentals. its just pure speculation. watever news or opinions written in this forum, take with a pinch of salt,  don' t get too carried away and play within own means.

 

beyond doubt that OIO is having a correction now after incredible run up for the past couple of days.

 

my reason for posting is that these days,
there are quite a number of crazy penny stocks that have risen not because of fundamentals.
its just pure speculation.
watever news or opinions written in this forum, take with a pinch of salt, 
don' t get too carried away and play within own means.

 

Looks like for the moment, I agree.
Very gungho, a lot of scalping, etc.
But don' t have to be because I think have longer term prospects.
I am waiting for all this hulabaloo to pass and things to settle down, then maybe can get into the real business
of investing ( maybe that is when the navs, peg, roe, etc will come in) in  a potential multibagger in the next 2 to 3
years, that is if the company does not go bust, but that is a risk we have to take in investing ).
Just my thoughts, I may be wrong, please dyodd.

Pikachaimai      ( Date: 06-Jul-2021 11:48) Posted: Saw one bro posting negative NAV and cash holdings etc. For this type of stock no need bother what NTA, NAV, NCB... play with what u can afford and always dyodd

 

Overbought for the last 2 days, Weak OIO on a very strong green day. Indication. 

 

Saw one bro posting negative NAV and cash holdings etc.
For this type of stock no need bother what NTA, NAV, NCB...
play with what u can afford and always dyodd

 

 

Goin up slowly .....

 

Let it settle down first.... Think the uptrend still continue..... PoS is here and future, no where this going to pause... 💪

 

Good for you. Who knows, the drop might have been initated by BBs to scoop another round...

Contratrader      ( Date: 06-Jul-2021 09:51) Posted: Yes got some durians just now  below 50c for trading.. Sibehboeng      ( Date: 06-Jul-2021 09:45) Posted: Shortists that short too low confirm kan cheong now if BB decide to pus

 

Yes got some durians just now  below 50c for trading..

Sibehboeng      ( Date: 06-Jul-2021 09:45) Posted: Shortists that short too low confirm kan cheong now if BB decide to push Sibehboeng      ( Date: 06-Jul-2021 09:39) Posted: CB generally works against rapid price drops. If you are a buyer, you won' t be placing a buy order many bids higher than the current price

 

Shortists that short too low confirm kan cheong now if BB decide to push

Sibehboeng      ( Date: 06-Jul-2021 09:39) Posted: CB generally works against rapid price drops. If you are a buyer, you won' t be placing a buy order many bids higher than the current price. Contratrader      ( Date: 06-Jul-2021 09:32) Posted: Yesterday up 20c no circuit breaker ...today down 10c ..got circuit breaker..I m also confused.

 

Coming back.....

 

I forgot to add :    current NAV  :    -$0.0211

ahberngh      ( Date: 06-Jul-2021 09:37) Posted: I think it is not a matter of confidence in the company, but a matter of whether the price has far outrun its current fundamentals, even if it is a company with great potential. Let' s take a look at some numbers. All data from Shareinvestor. EPS    :    -$0.00468 Cash in hand    :    $0.0019 Shares :    179,390,000 Free float    :    10.3%  (ie 18,477,170) Current ratio    :    0.152 Moonstake asssets staked :    US858,256,242 If their earning is 0.5%, gross earnings per sharengs per share  is US$0.0239 If, say, their assets staked double in 1 year, assets staked will be US$1,716,512,484 Gross earnings per share US$0.0478 Say their net profit margin is 50%, net profit per share is about US 2.4c. This is a very simplistic calculation, but it gives me a rough idea of their current state of affairs. Even with their potential, does the current situation warrant a price of 60c per share. Judge for yourself. Just my thoughts, I am probably totally wrong, please dyodd. if-only      ( Date: 05-Jul-2021 21:05) Posted: yup, saw the notification to SGX.  Very very disappointed that CEO sold 500,000 share at 0.38 / 0.385 on Friday while we are chasing this stock.  Does it means that he is losting confidence in his company?  Sia

 

CB generally works against rapid price drops. If you are a buyer, you won' t be placing a buy order many bids higher than the current price.

Contratrader      ( Date: 06-Jul-2021 09:32) Posted: Yesterday up 20c no circuit breaker ...today down 10c ..got circuit breaker..I m also confused.. zillion      ( Date: 06-Jul-2021 09:25) Posted: notice keep going up no circuit breaker now have, how does it works?