114% Return From Gpacket 0082
I bought 2 units of Gpacket on 27 September at RM0.695. 1 unit of Gpacket 0082 sold on 6 Nov at the price RM1.490. I gain a 114% of return for this complete transaction. It is very lucky for first time investor to gain more than hundred percentage of return. I did not use any form of leverage or margin on this stock.
On last Friday, 6 Nov, Gpacket rally for 20 sen just right after the stock market started. Therefore, Gpacket was asked for Unusual Market Activity (UMA) cause. Since Gpacket query by Bursa Malaysia, its stock price had drop tremendously from day high RM1.68 to day low RM1.26.
Due to its uncertainty, I sold 1 unit of Gpacket at the price of RM1.490 with 114% return of investment. I still have 1 more unit to let it rally by itself. I will hold it till next year or it hit my target price first. With this outstanding result, I was thrill to no end. Hoping for another hundred percent return in the future.
I thought minimum purchase was 1 lot == 100 units? So you bought 2000 units?
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Mrcoolku Reply:
November 30th, 2009 at 10:53 am
Ya, minimum purchase is 1 lot=100 shares. I used to say 1 unit which is equals to 1000shares.
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Congrats bro… I guess my friends also made that much from GPACKET but i definitely will not touch GPACKET.. Scare scare la.. hehe
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Mrcoolku Reply:
December 3rd, 2009 at 5:51 pm
I sold all the gpacket already. Scare scare for me too since I am still newbie. Take profit and celebrate a little bit.
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