CTW citiwarrants

Ann: CitiFirst A200 Instal MINIs Distribution Announcement Final, page-2

  1. 1,654 Posts.
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    Hi buddy, the spike in Jan & Feb was just the tailwind from the December. That is all the late comers that missed the party and still want to join it. That's why they bought in and created the smokescreen for demand. Then you can see the volume started to die down each day. Back in December we had 100mil + shares traded on a daily basis. Now look at it now.

    The reason I said there will be another spike is because as previously mention volume has died down. Therefore it is easier to push the price up by buying very little of shares. This can be easily done by mum & dad or small broker or the late comers as previously mentioned. The reason behind this is I guess, they want to create a smokescreen of demand, get buyers into the share so they can offload to cut losses.

    By the way, just a piece of advice to you. Don't & never rely on any information posted by any users on hotcopper to make any investing decision. The reason is crystal clear, look at Biotrader, Xiangtrader, Addibas, Wilson & a lot of others. They seem to be account that run by multiple people behind it to push agenda for others. And some of them are new accounts. I think they just got paid for each post they post.

    The prime example is Biotrader, if you head back to the thread you can see he pretty much lost track of where the conversation was and random posted something like " I liked that bit, made Cfoam in hours not weeks"

    Then, he got lots of likes for his post with 0 substantials. And normally after Biotrader post there will be a few other followers that post and kept the ushering going. That's why yesterday I have been kept posting and questioning. They tried to bury my post by replying unsubstantial stuff. But at the end they stopped. I would highly doubt Biotrader even has 10mil shares.

    Lastly, just be mindful, keep you investment decision to yourself and never rely on information on hotcopper. I stopped relying after I got stung by CFO. Because this is just a place for small cap company to push their agenda. For example, if you head to the IPO section find the highest view thread, you will see lots and lots of users with "Love" on their profile saying how good the ipo will be on market. Those are the people who already got the pre ipo allocation and will sell on opening day.



 
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