@Chinwi wrote:I think those who have got online facility without proper knowledge are doing this kind of unfortunate trading.
My broker said these people do not know they buy N or X, just clicking the mouse !.
She said, few weeks ago on the last day of CSEC rights, many have lost entire rights they bought online without knowing they have to pay more money through the broker. For the ppl who bought last day of trading , they tried whole day by calling to the people to make them pay. Unfortunately many had no money for it.
BTW, this will make many additional rights available for us ! because I am sure these people will not pay another 10/- for the same share.
I have 17,000 MARA rights at the moment but I will never sell at this price to earn big profit with curse.
Now time is 10.47 there are still buyers for this ! OMG someone sold his right @ 11.50 and used that money to buy N @ 12.90.
BTW, If brokers are doing this bad practice CSE have to interfere.
BTW what happen if some one does not pay for the rights. How can we buy such additional rights. what is the process to do this..?