Wednesday, February 8, 2012

What will happen to NICORP when market re-open ?

KLSE is closed for two days and will re-open on Wednesday, 08-Feb-2012.

Just can't wait to see how Nicorp's share price will go, south (going down) or north (going up).

With its news already published last Friday after query by Bursa for UMA. For sure everybody want to know who is the new major shareholder?

Najib's son? Sure not, otherwise Nicorp will not be a penny stock anymore!

Buy on rumor and Sell on news !

Is this going to happen on Nicorp when market re-open?

I don't think so because the buyer has not surface yet. Maybe there will be a dog-fight for the stake? Sure the price will move up further.

Worst case scenario is the buyer buy at a lower than current market price then it will drag down Nicorp share price. Hopefully this won't happen to Nicorp now.

Lets wait and see.

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