Speculative Activities Were Getting Rampant In JAKS Resources
The share price was lifted by remarks by company official that the company stands a good chance of winning contracts to supply pipes for the interstate water project. This share had been speculative by using the water project so when major bad new come hits the KLSE, the share price will drop fast.
Fund manager like to use off-market transactions to cover they speculative action. During JAKS price moving up their are 1.495 million shares crossed off market in direct deals at 91 sen each.
This is same of the share you need to avoid to buy for long team investment.
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