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Actually the last half trading day before suspension, there were already 100mil+ shares *shorted* by short sellers, and fully collected by big sharks behind, and karim only bought 1mil shares. karim sold all his warrants, then bad news all out, said karim cabut, short sellers shorted 100mil+- shares next trading day, then during half day of trading, bursa immediately suspended the shares. so you all think who will more panic? insider sharks who collected shares? or retailers? or short sellers?
You all know why the trading resume on 9 may? but not 5th may? Victory Day on May 9 is a symbol of national pride for Russians, much like Independence Day on July 4 is for Americans. The Russian national holiday celebrates the historical victory of the Soviet Union over Nazi Germany in World War II.
Anyone there think the recent reshuffling of the SC mainboard got anything to do with SD cause. There are so many scum penny stock counters still exist in klse, prices can pump up to a ringgit more and dump. why they did nothing but pick on SD only ?
Jj: fr the start ,hidden hands (politics n greedy high powered men)trying to seize control of SD ..thru’. All what you see..dirty tricks,media,minorities blowing unsubstantiated bad things about SD..all in the past now …this is A good counter..Petronas vendors jobs a lot ,now high oil prices even better…Sd will rise again in stock price..
so many naysayers here and at klsei3investor forum, "kind hearted" asking Innocent public retailers to sell, so kind heart? why not sell at 1.6, but sell @ 0.35?
By Pankaj ;
“If the 26-page letter issued on April 21 was so clear to Bursa Malaysia, why didn’t Bursa Malaysia allow trading in Serba Dinamik shares to take place soon after?
I have a same opinion with this guy.....Why?
Reported by the edge:
"Meanwhile, Serba Dinamik also argued that the SC should provide a document that shows how entries amounting to RM6.014 billion were entered into the ledgers of the company and how such entries constitute false statements.
“What is of course necessary is that the alleged false statement is specifically the cumulative revenue figure in the announcement of the 4th quarter results, being results for Dec 31, 2020."
according to pearlwhite in klsei3 forum, it's PH (perpetrators, also naysayers, also short sellers) against SD (BN), now BN is back to strong now, as 9 may is a victory opening day for SD
For those who are uncertain about the trading price of SD. Here is the analysis, during the day before suspension, the trading volume was around 100mil+-, and trading price is around 0.32 to 0.35, that was the negative news spread around to induce the short sellers to short that day (one day before the suspension, bursa announcement stated that Karim sold off all his warrants shares, and many naysayers said that, it's end of the world already, because karim sold off all his warrants and cabut
and lari diri, and many other negative comments around). But next day, the speculation of all these short sellers (naysayers) kept shorting, but all those shares were well collected and absorbed by the insider sharks behind. Then suddenly the trading suspended in the afternoon session. So the price range the short sellers shorted was around 0.32 to 0.35. if the price go below 0.32 is actually the short sellers profits already. So If the price is around 0.32 to 0.35, the short sellers are
actually breakeven. If price is above 0.35, then short sellers are losing.
That's why we can see all short sellers very worried and panic now, because they worried market retailers to come in and buy and also especially the goreng group to goreng up the price, then they will suffer huge losses. That's why all these short sellers everyday posting negatively,and keep doing these everyday and nights, in order to frighten those panic holders to sell off their "cheap shares" to them to cover up.
Actually short sellers still have quite alot of bullets to short, but if they were to short again at this range of 0.32 to 0.37, it will all be absorbed and collected by the sharks behind again, so, most probability short sellers will short around 0.45 to 0.50 range or maybe higher just to average up their shorting price positions. Then waiting for the institutional to dump their shares. As for the public retailers,most retailers are smart now, not easily influenced by all these naysayers
Infinite M, that 13.8mil shares are just uncovered shorting, something like contra players, need to sell back later. normal shares we own the shares and sell the shares freely, but when we contra to buy, we need to sell later at specified time. For your that attachment,its actually the uncovered positions, that 13.8mil shares need to buy back at specified timeframe, while normal shorting,they can have it through some dealers who have the SD shares to lend out for shorting with no timeframe
Last year may, means one year ago, it's already 3 times limit down, now after one year, it limits down again from 0.35 to 0.05? It must be shorties dreamsssssss. Shorties already shorted too substantial amount of shares,roughly 100mil+- of shares, collected by insider sharks, price range around 0.32 to 0.35, and before suspended. Now all shorties very panic and everyday making fears for public retailers to dump their cheap shares to them to cover up their positions. If not,it will be a HUGE LOSS
15 millions is a good compound for government incone. If + 3 years jail term can be replaced with 2 million each year will be a plus point for the goverment.