Hatten Land - 2 Day Run

Hatten Land past 2 days had a beautiful run with a very strong up move. The stock was unusual strong as it came out of no where and started to show buying interest in the Top Volume. The queues were normalized as compared to back then when prices were 0.193-0.187. The buyers were furiously and relentlessly whacking up the shares with sheer force and speed. I am watching for some contra squeeze before taking a trade on the long side.



Ronald K - Market Psychologist - A Stock Market Opportunist

Hatten Land - What's Going On?

What's going on in Hatten Land? The stock just plunged below the placement price of 0.28 and went to a low of 0.265. I can see many retailers selling and many of them were fearful of lower price to come. If I read the chart correctly, I expect lower prices because in the minute chart, the collections and market were not beautifully setup.

Look at the time and sales and you can find a plethora of useful information regarding the short term future price of Hatten Land. It could be because it's a RTO and not an IPO and hence there might be some lingering affect from it's previous predecessor VGO. Whatever it is, I am not touching this counter now until the next turning point.



Ronald K - Market Psychologist - A Stock Market Opportunist

Hatten Land - RTO Today

Quite a disappointment in Hatten Land today for it's RTO. The stock is thick and more importantly, the sellers were amazing, kept suppressing and pushing the price down. Now I know, the moment the stock is thick with a huge float in the market, it's tough for absorption. It's wiser and better to trade other counters.

Ronald K - Market Psychologist - A Stock Market Opportunist

Hatten Land - IPO on 28th Feb, Tuesday

Hatten land will be debuting it's listing in the exchange on Feb 28th with a reverse takeover on VGO. I don't have the chart and the chart has not formed yet but it should be a good one considering that this is a Singapore company doing projects in Malacca. Let's watch next Tuesday for their opening!

picture source: The Edge Magazine



Ronald K - Market Psychologist - A Stock Market Opportunist