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Showing posts from December, 2015

Ocean of Cash... part 3...

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A lot of members have started to ask whether "Why do Big Canon like OCNCASH so much? Well, we will explain to U the rational behind. However, as we writing this article past few days, the share price have had a great run today. Congratulations to our readers! All is well with Ocean of cash..  Looking at the past few days, global market had tumbled as we are 1 step closer to the FED's FOMC meeting where Malaysia market are not spared too. Does this mean there is no more stock that worth to look into already? Well.. as we mentioned before, there will be window dressing and its finally here..  As we look back at what happen on August, we saw that most of the stock had came down when the index took a nose-dive. However, this doesn't last long as those stocks that are benefited from the weak Ringgit and strong USD such as those furniture counters and export oriented counters had rebounded strongly and they are hitting new high recently as strong USD are pushing the profit of t...

Update before the FOMC meeting

Dear members, I've been very busy lately and I apologise for not providing U Big Canon news lately. We are very sorry about that. We will try our best to provide u the latest info that we got once we are free to do so.. Thanks a lot for ur kind underdstanding.. This coming week, we would like u to take notice of a few things. 1. WTI and Brent Crude oil price 2. Trend of RenMinBi 3. FOMC meeting and the details (its almost certain that they will have a rate hike) 4. Trend of FBMKLCI (not looking good, I'm thinking is this a shake out or a real drop, where the hell is Value Cap? r they waiting at 1600? ) 5. Will there be any window dressing? Pls take note of all things below. We will share u more about OCNCASH and Y do we like it so much. U will be surprise after seeing their latest shareholder list from Bloomberg Portal. May all the HUAT be with us! Big Canon Finance

How a Stock Pump and Dump Really Works?

*Forwarded from Bursa Master, Thanks to him You may have seen a stock pump and dump underway the last couple of months in the Bursa Malaysia stock market for any number of small cap and medium cap companies. The whole reason behind a stock pump and dump is for the stock pumpers to profit. These pumpers – some persons, or some group, buys shares in a company. They promote this stock to other investors. The share price rises due to the other investors buying the stock and then pumpers unload their shares at a premium to other investors. 5 Steps In A Stock Pump and Dump Step 1 – The Bait This is the first step where the pumpers share the “good news” on a stock they bought earlier. They spread the good news via personal emails lists, stock forums, money magazines, social media, words of mouth (via broker) or even go as far as getting the newspaper to write an article on this. During The Bait stage, some popular sentences you always hear - “The company is negotiating some hundreds of millio...

Canon Ball News on 2/12/2015 – The meltdown in Casino De Bursa

 Let’s not talk about Macro or any stocks tonight but purely the market behavior. We saw some stocks meltdown recently, 1 st of all we felt sorry to those who have trapped in such stocks and our thoughts are always with U. We would like to borrow a quote from a master that we knew and this is the quote “Greed is good, but never be too greedy” .  U might be puzzled by this quote, but U will start to realise it once U dip long enough in the market. Big Canon have been in the market for more than 10 years (we are not boasting but one of us did start to “goreng” stocks since form 5 with technical analysis and end up being played by stocks instead of playing stocks, we will do more sharing about our history in future). Almost every year, we saw Super Stars that rocket up and rock the market but end of the day it “cliff down” where those short term punters that doesn’t cut loss had end up becoming long term investors in the company, wanted to make money in 6 hours but end up become...