Can't be that bad.
If like that, you short at 0.62 then buy back at .....?
You will be damned loaded by end of day
hai.. is very obvious BBs are pumping and then later dumping and so many times, retail investors will be lured in.But maybe I too kaypoh liao... 🙂 why should i worry for retail investors ? 🙂
Ok , all the best to u.. best to take profit if u can. Becos for every round of pump and dump, the share price will sink down another level. Eg: After this round of pump and dump from 5.5 to 6 cents, when dumping starts, the share price will go even further down to 5 cents. Then another round of pump and dump from 5 to 5.5. cents, and then sink to 4.5 cents, then another round of pump and dump until it approaches the right offer price of 3.5 cents eventually.
I think i too kaypoh liao, hahaha... better let those optimistic ppl post here, like posting a rocket etc,.. rocket to 10 cents perhaps? let them post here.. I dun be too kaypoh, if not i violate the Terms and conditions here..
Sayonara
Last time kenna con
Hope this time is real
hai.. is very obvious BBs are pumping and then later dumping and so many times, retail investors will be lured in.
But maybe I too kaypoh liao... 🙂 why should i worry for retail investors ? 🙂
Ok , all the best to u.. best to take profit if u can. Becos for every round of pump and dump, the share price will sink down another level. Eg: After this round of pump and dump from 5.5 to 6 cents, when dumping starts, the share price will go even further down to 5 cents. Then another round of pump and dump from 5 to 5.5. cents, and then sink to 4.5 cents, then another round of pump and dump until it approaches the right offer price of 3.5 cents eventually.
I think i too kaypoh liao, hahaha... better let those optimistic ppl post here, like posting a rocket etc,.. rocket to 10 cents perhaps? let them post here.. I dun be too kaypoh, if not i violate the Terms and conditions here..
Sayonara
Last time kenna con
Hope this time is real
Hope it doesn't go down to opening price
No ammo to average down already
Any supporters?
Last time kenna con
Hope this time is real
Last time kenna con
Hope this time is real
Jimmy. Told u already. Your warning only gave me to collect more at cheaper price. Thank you.
Short sell orders executed on 04 November 2015
|
Average : 5.7c
Pump and dump again...
Happen to see the below posting....
and the Admin ' s Reminder on Forum Rules...
this would be a useful reminder for all of us.
Be careful what you say~Alamah! the other thread also missing now !?
http://news.asiaone.com/News/AsiaOne+News/Crime/Story/A1Story20080312-53987.htmlEx-stock trader jailed 6 mths for posting false info online
Wed, Mar 12, 2008
The Straits TimesA former stock trader was jailed six months on Tuesday for posting false information online about a locally listed IT firm, Datacraft Asia, in 2004.
Justice VK Rajah, in his judgement on Able Wang Ziyi, said that a custodial sentence was called for, taking into account the ' strong public interest militating against mischief in the market through the mass media such as internet.'
Wang, 42, a father of two who now runs a furniture business in Shanghai, was first charged in 2006 with spreading rumour on a popular stockmarket investor forum on Feb 16 2004 that the Commercial Affairs Department (CAD) had raided the offices of Datacraft Asia.
On the day he posted the rumour on shareinvestor.com, he short-sold 111,000 Datacraft shares. Minutes later, he posted on the forum: ' Heard CAD raided Datacraft office last Friday again.'
He then bought back 61,000 shares to cover his short position, without waiting long enough to see the effect of his rumour, The Business Times reported on Wednesday.
Wang had written his post based on an SMS he received earlier from a Samuel Wong, an OCBC Bank institutional buyer.
He was acquitted in November 2006 after the prosecution failed to prove that he did not care that the information posted was true or false.
In November 2007, following an appeal by the prosecution, the judge overturned the acquittal, ruling that stock traders should be responsible for what they post online because they risked being prosecuted if the rumour was proven to be false or unsubstantiated.
Said Justice Rajah in his judgement on Tuesday: ' Ultimately, while Wang' s precise motive may remain troublingly dubious, the fact remains that he has been convicted only of making the postings recklessly and not in full knowledge that they were false.'
' That said, the strong public interest militating against mischief in the market through mass media such as the Internet dictates a custodial sentence.'
' While one might theoretically expect sensible investors to be circumspect about information gleaned from a public forum, a market reaction is practically inevitable, and the maker of the false statement must be held responsible for his actions and statements.'
The judge said a fine was not necessary as Wang did not gain from his actions.
' Nevertheless, I cannot dismiss or ignore the fact that the Internet provides a medium for instantaneous and anonymous mass dissemination,' he said, acknowledging that those who commit offences online could escape detection or be hard to identify.
Wang could have been jailed for up to seven years and/or fined $250,000.
Be careful what you say~
Alamah! the other thread also missing now !?
http://news.asiaone.com/News/AsiaOne+News/Crime/Story/A1Story20080312-53987.htmlEx-stock trader jailed 6 mths for posting false info online
Wed, Mar 12, 2008
The Straits TimesA former stock trader was jailed six months on Tuesday for posting false information online about a locally listed IT firm, Datacraft Asia, in 2004.
Justice VK Rajah, in his judgement on Able Wang Ziyi, said that a custodial sentence was called for, taking into account the ' strong public interest militating against mischief in the market through the mass media such as internet.'
Wang, 42, a father of two who now runs a furniture business in Shanghai, was first charged in 2006 with spreading rumour on a popular stockmarket investor forum on Feb 16 2004 that the Commercial Affairs Department (CAD) had raided the offices of Datacraft Asia.
On the day he posted the rumour on shareinvestor.com, he short-sold 111,000 Datacraft shares. Minutes later, he posted on the forum: ' Heard CAD raided Datacraft office last Friday again.'
He then bought back 61,000 shares to cover his short position, without waiting long enough to see the effect of his rumour, The Business Times reported on Wednesday.
Wang had written his post based on an SMS he received earlier from a Samuel Wong, an OCBC Bank institutional buyer.
He was acquitted in November 2006 after the prosecution failed to prove that he did not care that the information posted was true or false.
In November 2007, following an appeal by the prosecution, the judge overturned the acquittal, ruling that stock traders should be responsible for what they post online because they risked being prosecuted if the rumour was proven to be false or unsubstantiated.
Said Justice Rajah in his judgement on Tuesday: ' Ultimately, while Wang' s precise motive may remain troublingly dubious, the fact remains that he has been convicted only of making the postings recklessly and not in full knowledge that they were false.'
' That said, the strong public interest militating against mischief in the market through mass media such as the Internet dictates a custodial sentence.'
' While one might theoretically expect sensible investors to be circumspect about information gleaned from a public forum, a market reaction is practically inevitable, and the maker of the false statement must be held responsible for his actions and statements.'
The judge said a fine was not necessary as Wang did not gain from his actions.
' Nevertheless, I cannot dismiss or ignore the fact that the Internet provides a medium for instantaneous and anonymous mass dissemination,' he said, acknowledging that those who commit offences online could escape detection or be hard to identify.
Wang could have been jailed for up to seven years and/or fined $250,000.
