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2008-12-12

GPACKET - The news is out, share price will drop























The good news is out and base on the chart share price will drop due to selling activity WR at +20 and CMF at positive. If you feel want to buy the share wait untill the indicator turn down.

2 comments:

Elvis2020 December 15, 2008 at 3:45 PM  

Based on technical, yes, call it a sell. But looking at business outlook for this sector, too earlier to call a sell. This is the first company that over broadband services at very AFFORDABLE price. Unlike streamyx, we are online whether at office or home. Especially nowadays, this is the best option for business or pleasure or both uses. Many friends in Klang already switching to P1 Wimax...

Elvis2020 December 16, 2008 at 3:46 PM  

During this recessionary time, the only counter i can think of worth buying is GPACKET. VERY USEFUL PRODUCT both for business and personal. If given a choice to subcribe Astro and P1 Wimax, i definitely choice P1 Wimax, can download loads of movies, do my business transactions, even phone calls(VOIP). I forsee great uses for WIMAX, so before fund managers calling their calls for Buy on Gpacket, BUY AS MUCH AS YOU CAN NOW. Cause when fund managers say BUY oledi RM1.00 loorrrr...no fun oledi....

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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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