Market is Saying So. No? |
The market has sold him down the Old Swanee River.
From the word, "Go!", Astro shareholders dumped the burnt out former star like a plague.
It was sent reeling under intense selling pressure right through the RM 2.90 psychological level and if there was not a huge deluge of buyers at RM 2.88, it would have gone down to join the Penguins at the Antartic!
Right now, it is standing at RM 2.90.
Looking at the huge number of sellers, it looks like it may just drop below RM 2.85 this morning.
I can only see see salvaging work and salvation work done in late morning and early afternoon.
If not, Astro will fell further.
Like UOA Development, it might be given shoddy treatment by the market!
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