Monday, June 13, 2011

And The Major Shareholders Of XOX Are Laughing Happily On The Day Its Share Plunged 35%

Oh dearie me!

Many thanks to peng01 for the following pix.


Do read peng01 post here: http://peng01.blogspot.com/2011/06/xox-d.html

Sigh!

I understand that their average cost per share is so low ( see posting here ) but how could they be laughing so happily when their share created IPO Hall Of Shame when it plunged 35% on its listing day?
at

6 comments:

  1. solomon9:16 PM

    I am interested to know who is the left hand corner guy who does not smile

    ReplyDelete
  2. ronnie11:31 PM

    Strange that my friends & I as mobile phone users have never heard of XOX before. Have you, dear Moola?

    ReplyDelete
  3. Moolah12:46 AM

    That's correct. I too have not heard of XOX prior to its IPO!

    ReplyDelete
  4. kine9:56 AM

    Where they can find such a mood to
    celebrate in such situation? Hmm!
    of course they know all those suckers
    r screw thoroughly !

    ReplyDelete
  5. Jackie Lee9:20 AM

    Moola, basically if an new IPO open upon listing; whether making money or not, it is a willing buyer or willing seller basis.

    I have one experience that I would like to share with you all. Please refer to this site:

    http://malaysianshares.blogspot.com/2011/06/ipos-recently-debut-what-has-went-wrong.html

    The XOX Berhad was being offer at discounted price?

    ReplyDelete
  6. Moolah10:31 AM

    Jackie: Thanks for sharing. Good posting and it's certainly interesting to learn about the discount.

    ReplyDelete