Hayashi

A look at turnaround stock behavior
.
Why when good news of turnaround, prices stay put?
When a stock does a turnaround, the people inside the company and those working with the company like suppliers, vendors, contractors....they are the first to start buying, the price moves up 100% or overshoot to more than 100%.

The price is than maintained at this level (70 to 120% higher before the move up) because of this late interest. Why didn't it move higher? They are many who bought long ago before the insiders push it up, these are the sellers who sell an opportunity to take profit or cut small loss, resulting in the price going from 120% higher to only 70% higher.

Who come in late? Some outsiders see the turnaround and join in the fun. Insiders some are late too while other insiders are collecting and want more, so these people maintain the prices and try not to push the prices higher as they have not collected enough. Usually it take a few months to a year.

The next surge is when the results of the full year confirms the turnaround. Now more are aware while insiders take the opportunity to push it into a multi baggers and take profit
In the end, insiders get their shares at a much lower average prices while new buyers are happy to join in.

If you look at $Moya Asia(5WE.SI), it takes a short while to move to 3 cents, then the second phase it moves to 6 cents then to 12 cents.....the last surge is when the insiders sell to new retailer investors who only become aware.................................and then they test your patience for you to sell.....lol

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7 people like this.
keithang :

Thanks. Always late to the sales.... sad.

derenceho :

you stripe the bone of a operators.

div1g4in :

Reply to @wellhandy : Thats a tough question... lol. I wouldnt have an answer until the price actions and volume tell us so. Btw, I was freakingly bored sitting on the bench for the whole mth.. Haha.. Nevertheless, Wyckoff shake me up and make me awake. These few weeks been mugging on VSA-related materials.

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aero73 avatar
Rank sm
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aero73

Today I need you chiong okie...lai lai chiong ya...
1) Moya ....128
2) Rowsley ....138
3) kris.....128

Don't ask me why "8" ....hahaaaa..
Huat ahhh
Chiong ahhh
Take note : never ask to vest or sell...
TQ and good luck....

Updated with Link :-
$Rowsley^(A50.SI)
$Moya Asia(5WE.SI)
$KrisEnergy(SK3.SI)

Thanks Bro @Anthony1961 suggestion...

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HuatBrother

1 NOV 2017 THE BULL RESUMED CHARGING AND PENNY COUNTERS STARTED TO SURGE

Today, the ST Index up 17.71 points to close at 3,391.79 and the Trading Volume of Pennies in the Top Twenty Counters is very promising. Penny counters occupied 16 of the Top Twenty Counters with 14 counters closing positive, 1 counter holding steady and the 1 counter closed in the red.

Currently, the following penny counters are in the Top Twenty List
$Sincap(5UN.SI) , $Rowsley^(A50.SI), $Artivision Tech(5NK.SI) , $Charisma Energy(5QT.SI) , $KrisEnergy(SK3.SI) , $Jiutian Chemical(C8R.SI) , $Golden Agri-Res(E5H.SI) , $Dragon^(MT1.SI) , $QT Vascular(5I0.SI) , $IEV(5TN.SI) , $Rex Intl(5WH.SI) ,, $AA(5GZ.SI), $Addvalue Tech(A31.SI) , $Allied Tech^(A13.SI) , $Yuuzoo(AFC.SI) , $AusGroup(5GJ.SI)

Today, 3 counters traded more than 100,000 lots plus 1 counter traded near 100,000 lots, 7 counters traded in a range of 31,000 to 46,000 lots and the remaining counters traded in a range of 21,000 to 29,000 lots. Penny Counter’s Performance today was good as buying interest returned to push up the trading volume.

Leading the Top Twenty List was $Sincap(5UN.SI) with a trading volume of 138,805 lots up 0.002 to close at 0.022

$Rowsley^(A50.SI) came in second with a trading volume of 128,165 lots up 0.003 to close at 0.133

$Artivision Tech(5NK.SI) came in third with a trading volume of 125,119 lots up 0.004 to close at 0.021

$Moya Asia(5WE.SI) closed unchanged at 0.104 with a trading volume of 6,768 lots.

$DISA(532.SI) was traded up 0.001 to close at 0.014 with a trading volume of 13,801 lots

The overall market sentiment for penny counters is peaking today probably now we are looking at the start of the 2017 Penny Rally

What can we expect to see in the market tomorrow???

Will the Bull continue to charge or will the penny counters pull back on profit taking or Crash as many have expected???

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HuatBrother

23 OCT 2017 THE WEAK BULL CONTINUED TO CHARGE BUT PENNY COUNTERS ARE GETTING WEAKER

Today, the ST Index up 9.07 points to close at 3,349.8 and the Trading Volume of Pennies in the Top Twenty Counters was thin. Penny counters occupied 14 of the Top Twenty Counters with 5 counters closing positive, 5 counters holding steady and the remaining counters closed in the red.

Currently, the following penny counters are in the Top Twenty List $Magnus Energy(41S.SI) , $Fu Yu^(F13.SI) , $Rowsley^(A50.SI), $New Wave(5FX.SI) , $Golden Agri-Res(E5H.SI) , $QT Vascular(5I0.SI) , $KOP(5I1.SI) , $Oceanus^(579.SI), $Geo Energy Res(RE4.SI) , $Metech Intl(QG1.SI) , $Ley Choon(Q0X.SI) , $KrisEnergy(SK3.SI) ,
$Addvalue Tech(A31.SI) , $Moya Asia(5WE.SI)

Today, 1 counter traded more than 100,000 lots, 3 counters traded around 45,000 to 82,000 lots and the remaining counters traded in a range of 11,000 to 30,000 lots. Penny counter’s performance today was weak and losing momentum. Taking top spot in today’s trading was $Magnus Energy(41S.SI) with a trading volume of 175,606 lots to close at 0.001. $Fu Yu^(F13.SI) was in play and came in second with a trading volume of 81,633 lots up 0.02 to close at 0.21. $Rowsley^(A50.SI) came in third with a trading volume of 58,476 lots to close flat at 0.129. $Moya Asia(5WE.SI) was sold down to 0.097 before recovering to close at 0.10 with a trading volume of 11,419 lots, $DISA(532.SI) was sold down to 0.011 with a trading volume 5,680 lots.

After the 19 Oct 2017's sell down of penny counters, the overall market sentiment for penny counters has turned weak and losing momentum as there isn’t any catalyst to ignite trader’s buying interest. Currently market favorite $Rowsley^(A50.SI) is muted as the news on the confirmation of the TMC injection deal has yet to be release. $Moya Asia(5WE.SI) is weight down by Government Policy on restricted privatization on water projects in Indonesia and waiting for clearer direction.

What can we expect to see in the market when tomorrow???

Will the Bull continue charging or will the Market pull back and start drifting lower or Crash as many have expected???

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