I am new here
$GENM (4715.MY)$ sorry, i am not sure how stock market work. correct me if i am wrong, now the price is pretty low if it shoot up, does that mean i can let go by selling it in a high price to earn it? new bie here. dont bully me. hahah
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
黑精灵 : Depend on your investment objective, it has been low (beyond RM3) for quite some time, so it’s worthwhile to enter. If short term, you can let go at 10-20% gain but I’ll still eagerly look to RM3.
103704730 OP : Then you earn money by dividen or by selling your stock?
102785177 : Check your quantity and process fee id get to cover buy and sell fee surge above 10% can sell but depends on you if you buy Genting it’s just when it drops buy it and wait for the dividends
103696188 : It's low because it deserves this price for this moment, and there are no certain sign prove it can come back in future, but it's a good place for dividend since it's super low unless something worse happen.
101835278 : Because I saw your post on both GENM common stock and GENM subscription warrants CR at the same time~ It's difficult to give you a detailed explanation without knowing whether you bought GENM common stock or GENM's CR~
If you bought the GENM C2W warrants in this post (0.015)~ please note that these warrants have an expiry date (31/12/2024)~ if the deadline passes or it is usually a done deal within the last 10 trading days before expiration~ the conversion price of GENM C2W will be completely out (the conversion price of these warrants to common stock is 2.60~ currently the price of GENM common stock is 2.37 which is completely out of price)~ so these warrants will become worthless paper after expiry (no longer have any value)
If you did indeed buy the GENM C2W warrants in this post and the price was exactly 0.015~ then it is recommended to directly sell at a price of 0.030 daily (note that when the CR of individual stocks issues a subscription warrant by a third party and the profit doubles (0.015-0.03 has already achieved 100% profit) it is already a very ideal return~ you must know that if the CR expires out of the price range it will become worthless)
As for if you purchased GENM common stock~ then if there is a need in the GENM common stock area, I will further explain to the best of my knowledge
Genben Junlang
Wish moomoo investors a fruitful * and enjoyable journey in the stock market