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2010-04-23

Maxis May Move Up Soon



















Base on the chart Maxis share is about to move up soon after big fund accumulated enough share in hand. Share like Maxis unlikely to stand low price for long time soon sure it need to move higher if not all the call warrants will no business.

2 comments:

Anonymous April 24, 2010 at 7:29 PM  

"Share like Maxis unlikely to stand low price for long time soon sure it need to move higher if not all the call warrants will no business."

Do u mind to explain further.
Tq

Ahar

Durian Edge April 29, 2010 at 2:46 PM  

Hi Ahar

Sorry I reply your comment late.

Call warrant is issued by bank and it was not a share to the company so if you invest into call warrant actually you buy from the issuer only a paper without value just that the value of the call warrant move side by side with the underlaying share price plus some premium.

In Maxis case, if Maxis share did not move at all the call warrant will no retail investor to buy in and the issuer will not making any profit (no business) till the expire date of the call warrant.

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