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This 'Akira company' seems to be on steroid. Just because of that big box i.e. 200 M capital injection? Or BB doing pump and dump again?

Finally, some one pulls the plug... and everything down the sink... good job!

From $0.05 to $0.188 (+276% )in the space of 2.5 weeks is nothing short of spectacular - spectacularly speculative I mean.

OK. It gives up 9.5% today to close at 17c, but still given the current context, I suspect the traders are all probably trying to exit the stock over the next few days. Guess who will be holding the baby.

(Vested - for a long long time in a galaxy far far away)

Closed at 0.17. But it reached 2.05 at the peak. I can sense that some syndicates are playing with pennies - HLH, JEL etc. Exciting time for those who like to gamble. Is the end of the up trend near? I hope.

Whatever Lucrum Capital touches turns to gold

If you buy into it, it is called speculation (never confuse investment with speculation).

Speculation = gamble.

At today's price of $0.121, it is valued at about 100 million. Isnt it stupid that those punters think that the stock can double in a few weeks time? Why would anyone pay 100 million for a loss making company now?

If we have to pay $100 to enter genting/mbs to gamble, sgx should also levy $100 for each trade on this share!

(01-05-2012, 09:31 PM)money Wrote: [ -> ]If you buy into it, it is called speculation (never confuse investment with speculation).

Speculation = gamble.

At today's price of $0.121, it is valued at about 100 million. Isnt it stupid that those punters think that the stock can double in a few weeks time? Why would anyone pay 100 million for a loss making company now?

If we have to pay $100 to enter genting/mbs to gamble, sgx should also levy $100 for each trade on this share!

That's why they are called "speculators". Don't think any one of them stopped to think and wonder how a loss-making company can be woeth $100 million.....

The second wave seems to be coming. Those who have not learnt in the first wave (despte the chow-tar fingers) can re-take the lesson...

(02-05-2012, 09:24 AM)Mr Nobody Wrote: [ -> ]The second wave seems to be coming. Those who have not learnt in the first wave (despte the chow-tar fingers) can re-take the lesson...

haha i feel so tempted too. it went up by 32% today. Fortunately, i am too cowardy to buy a loss-making company. i am such a faggot yet i am proud of it.

Wow, this just in Lucrum/TT terminate the agreement. What a shocker!