Rank: Elder Joined: 4/22/2009 Posts: 2,863
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mwenza wrote:MaichBlack wrote:MaichBlack wrote:streetwise wrote:Those who bought at 1.35 need to sell this is a great gain. Relax. Not yet... Those who would have sold on Monday as you had suggested, would have missed an extra 17% by today because we are at 2.75/=, and get this, NO SUPPLY!!! You should not sell when demand far outstrips supply. It would be extremely stupid to sell when there is high demand and ZERO supply. Simple primary school Business Education (or Studies as their call it nowadays). The law of demand and supply. If you want to cash in, watch the demand and supply volumes. When supply starts checking in, almost balancing off with demand, if you are a short termer/speculator, you can cash in then! With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game. Posted on Wednesday, 14/01/2014 Key phrase :- BRUTAL REVERSAL. Yesterday the counter closed with a demand of over 12million shares. IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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