i get what u mean. as of now, the trend seems like all parties r accumulating at 1.12-1.13 n waiting for something to happen... once big fish collect enuff they will start to sell at higher price - thats my analogy...

why would they have to bid higher price? they can simply short it down like what they did to make it drop from 1.17 to 1.12.. than slowly accumulate to cover their shorts.. and start from a lower price to accumulate again coz they have the capital.. but for retailers.. fear of losing money because they cant control the market will cause them to sell their holdings.. and from the way it looked.. MIT already chionged 20% on the 1st day of trading by opening at 1.15.. .. what if.. it cover back the gap from 0.93 to 1.15? lol would u throw if u see it fall to 1.0? lol

but u see, bb-trader, big fish can queue at lower price but as long as majority stand their ground cos if sell now will lose $ big fish also bo bian have to bid higher price?

unless there r pple who got cold feet cut loss n sell

but i believe now market sentiments gd. ppls will chiong to buy so this slide down is a temp effect only

hopefully it will rise soon b4 my contra end date

i dont go for big earnings, just some pocket $ can liao... dont think thats too much to ask (nt greedy)

Over sold shd b hv a technical rebounce.

Of cos not today... Mayb nxt wk.

But MIT wun end up like dat lah...

Few wks later, MIT smelly smelly 1.40 can reach lah... (in Hokkien)

('',)

ya tats what i tot so also. but pls advise me, i paint a scenario to for you:

ytd, alot of buy and sell at $1.15 and $1,16, means alot of ppls stuck at this price so of cos they will wanna sell higher

if BB wanna short them n a huge amt of pple who bought at 1.15 who dont wish to sell then how in the world would it drop if the seller dun wan to sell lower?

I mean how do the BB influence the prices to make it drop further? its quite scary if you think they have the power to do so

and smart small bois are buying with the BBs.. :)

goodness, bro, i really find it difficult to grasp the trend.

but i will call n tell them to max my days of holding

thks for the valuable advise bro elton81 n master anthony

Well, if you are holding for long term or infinitely....can ignore our comment here...we wont know what will happen for long term.

but for my view, i prefer GLP rather than MIT to hold long term...GLP looks more attractive.....

SELL NOW or......

I still prefer shorting this counter.....