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2008-12-26

GPACKET - A Christmas Gift























GPACKET had hit RM 1.20 on 26-Dec-2008, just in 3 trading days the share had up 46.5%.
It's a Christmas gift to all GPACKET share holder.

Base on the chart, accumulation is over and start distribution this is the sign of selling.

2 comments:

Elvis2020 December 26, 2008 at 1:09 PM  

Scary, price shoot up too fast. May go up for few tradings days, i begin to suspect GPACKET BOD come-chen with tukang goreng aka 'veteran cook'. Modus operandi, shareholders lend their shares to 'cook', rotate using several accounts(for those working in broking firms, able to know the details of transactions). When 'cook' around small investors endup 'goreng' ones.

East Point Trading December 26, 2008 at 4:43 PM  

I think GPACKET BOD had pay a good tukang goreng to celebrate christmas for them.

However we also tunbang makan to take some profit.

For anyone who had jump in will fell the loss, I think it's not many had jump in due to the price need to go up for 4 days to trap retail traders.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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