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GoldenTurtle
Aug 8, 2021 12:55 AM

CAM RESOURCES BERHAD- Big boys are collecting tickets. Long

CAM RESOURCES BHDMYX

Description

We noticed there are some player in the market collecting shares at RM0.37
CAM resources is now trading at a stable price, really difficult to predict next move since there is no catalyst for this counter.
Its director is keep disposing its shares may indicate some problem with the company.
Revenue keep increasing but net profit still stagnant show that the company likely to engage in earnings management.
Trading in this counter is really risky but profitable once it breakout from RM0.40 (Previous support).

Comment

Big boy is really patient when collecting tickets from market.
So we just follow their strategy. Collect and wait.
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