Biolidics Limited (8YY.SI)

[Andrew833]

I think this big drop.is due to shorties and newbie (follow the crowd)

Should be newbie went in, oldies dump it.

 

[Nakedtoes]

I think this big drop.is due to shorties and newbie (follow the crowd)

what every goes up must go down simple rule.... .just that big boys push up the price in aftermarket before halt lifted very jia ark.. sure got ppl kana trapped.

 

[Shion]

Now <$0.50. Really pump and dump, buy on rumours sell on news.

 

[Nakedtoes]

Break $0.50 already

naked shorts all covered.. now is those who dun want risk their sleep selling..

 

[Pannawang]

Should be newbie went in, oldies dump it.

Ya i am the newbie u all talk about

Sob sob

 

[frequency36]

Should be newbie went in, oldies dump it.

i can consider one of the oldies but still got alot newbie tio trap at high price

 

[Pannawang]

i can consider one of the oldies but still got alot newbie tio trap at high price

This stock really got no potential?

 

[frequency36]

what every goes up must go down simple rule.... .just that big boys push up the price in aftermarket before halt lifted very jia ark.. sure got ppl kana trapped.

agreed, it just climb too fast and will also drop fast too

 

[frequency36]

This stock really got no potential?

not for long term as i mention in the beginning. as others had said, just pump amd dump.

 

[Nakedtoes]

This stock really got no potential?

i read reports this few days... their earning not really that good... this few days up due to news and rumours.. this type of share u can only play daily... dun keep overnight... too risky

 

[Andrew833]

This stock really got no potential?

When @frequency36 first ask question of this stock. I checked that this company has negative growth and earning.
But if their sales of covid19 kits rocket, this will be good for short term.
Long term, I don't think so.

 

[Nakedtoes]

not for long term as i mention in the beginning. as others had said, just pump amd dump.

thinku got in quite low... should have sold at a good price... congrats..

 

[batdow]

sales in usa is big biz. no $1 no sell.

 

[Shion]

This company has been loss making since day 1 iirc.

 

[Nakedtoes]

It's just a typical pump & dump, quicky. A quick search shows that the test kits are manufactured in China. Biolidics probably just a stepping stone for the China company to get HSA cert. DYODD.

http://1807300040.pool2-site.yun300.cn/repository/image/JxHwU4nMQd2M-tQwo9kUZQ.jpg

http://1807300040.pool2-site.yun300.cn/repository/image/9rsWRwMlSZ2s-I2Nr47kLw.jpg

https://www.biolidics.com/newsroom/biolidics-sgx-queries-announcement.pdf

wah nice sharing... lucky didnt kana trap.... like this find the OEM and i can rebrand to my name also and sell to maybe INDIA

 

[Nakedtoes]

sales in usa is big biz. no $1 no sell.

PPL might go direct to OEM and get it cheaper... why buy from Biolidics

 

[Pannawang]

Should I just cut Loss tomorrow?
Sob

 

[TheOutsider]

to trap ppl at 80 ++ cent..

Peak 0.885.

Too much greed. As it was in Halt position, I can't key in stop loss as the trade was on HALT. is that normal? I'm on Maybank Kim Eng platform.

Was in a panic I should have used Market Order to push out my shares but I still used Limit Order instead. Real lesson learnt. Hope I get better from here on

 

[Nakedtoes]

Peak 0.885.

Too much greed. As it was in Halt position, I can't key in stop loss as the trade was on HALT. is that normal? I'm on Maybank Kim Eng platform.

Was in a panic I should have used Market Order to push out my shares but I still used Limit Order instead. Real lesson learnt. Hope I get better from here on

I think it kana circuit breaker.. Every few min got halted.. While the mother company clearbridge NV kana.

 

[TheOutsider]

I think it kana circuit breaker.. Every few min got halted.. While the mother company clearbridge NV kana.

I newbie I admit haiz...

This is the first share I buy with my own account after monitoring and "follow the crowd". It was all good even until 3.25pm. I looked away then when suddenly look back the dump has already started.

I admit I was greedy and queued to sell at higher position.

When the dump started, as I'm not familiar with the interface (as a newbie) and the mechanism. Should have go with Market Order instead of Limit Order I can salvage much more.

Real lesson learnt. I didn't get trap at 0.8+ but i'm still at a loss of about 15% (~1700 including transaction fees).

Also the "buy on rumours, sell on news" is really true. Another good lesson learnt.