Bursa Malaysia Penny Stock Index, BMPSI, down another 58 points and closed at 9,879 on 13-Nov-2007.
This is the BMPSI link for 13-Nov-2007 : http://groups.google.com.my/group/BMPSI/br...5ff1c783f?hl=en
From the starting date of this index on 7-Nov-2007 till today, only three working days, but the BMPSI has fallen 121 points. As this index is based on share price movement only and also is a reflection of penny stocks only, we believe the index should fall in the coming days or weeks. Ever we set up this index, the number of lossers is always larger then the number of gainers. Do you think it is because we don't know hoe to choose counters ? Nope. BMPSI is a purely share price based index, its recursive function property enable us to do the calculation in one direction only. Therefore when the BMPSI falls below 9,500 points indicating that we have to drop out those counters whose share price is below 0.4. Please be bear in mind that BMPSI only targets counters whose share prices falling between 0.4 to 0.995. Anyone who try to prove BMPSI is just merely a child's playing toy in order to teach us a lesson, well, may be you didn't read the rules and calculation of BMPSI well enough.
If those market makers do find us very annoying, and do their work to pull down BMPSI slowly and bit by bit, well, we should suggest you all to take note on two situations :
1. Counters delisted due to falling below 0.4 : We suggest you all to trace them closely after their delisting. We believe they will rebound above 0.4 in short term.
2. Counters delisted due to rising above 0.995 : We urge you all to sell them anytime you like after their delisting.
We maintain the price sensitivity as the utmost important goal for us to do the BMPSI. Therefore we suggest all those market movers to read our rules and calculation of BMPSI carefully before you try to teach us a lesson. We don't follow the doctrines set by the Jewish faction.
This is the BMPSI link for 13-Nov-2007 : http://groups.google.com.my/group/BMPSI/br...5ff1c783f?hl=en
From the starting date of this index on 7-Nov-2007 till today, only three working days, but the BMPSI has fallen 121 points. As this index is based on share price movement only and also is a reflection of penny stocks only, we believe the index should fall in the coming days or weeks. Ever we set up this index, the number of lossers is always larger then the number of gainers. Do you think it is because we don't know hoe to choose counters ? Nope. BMPSI is a purely share price based index, its recursive function property enable us to do the calculation in one direction only. Therefore when the BMPSI falls below 9,500 points indicating that we have to drop out those counters whose share price is below 0.4. Please be bear in mind that BMPSI only targets counters whose share prices falling between 0.4 to 0.995. Anyone who try to prove BMPSI is just merely a child's playing toy in order to teach us a lesson, well, may be you didn't read the rules and calculation of BMPSI well enough.
If those market makers do find us very annoying, and do their work to pull down BMPSI slowly and bit by bit, well, we should suggest you all to take note on two situations :
1. Counters delisted due to falling below 0.4 : We suggest you all to trace them closely after their delisting. We believe they will rebound above 0.4 in short term.
2. Counters delisted due to rising above 0.995 : We urge you all to sell them anytime you like after their delisting.
We maintain the price sensitivity as the utmost important goal for us to do the BMPSI. Therefore we suggest all those market movers to read our rules and calculation of BMPSI carefully before you try to teach us a lesson. We don't follow the doctrines set by the Jewish faction.
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