My Trading Adventure

New IPOs : the good and the bad

CP TEH
Publish date: Sat, 20 Jul 2019, 03:14 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
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Noon ... here am I ... thinking on how to re-think of what I m thinking about.

Two thoughts running in my head just now : two giant new IPOs at new low - LCTitan aNd LHI. Saw that TKO bought into LHI at 95cents. Wondering why ... it closed at 91cents. Is it undervalued ... and why the selling continues since IPO-ed at RM1.10? And to think of chicken-egg ... respectable local investor  Mr Koon bought into TeoSeng. 



LHI : underperforming new IPO. 



TeoSeng : Mr Koon bought into her? Should we buy in and follow the flow of the funds?

Then I have thoughts on new IPOs which at high ...Revenue and Greatec. These are what I m looking into for uptrend as they are new ...they are hot ...and into the sector that in play. 

With the name such as Revenue ...certainly their revenue should increase right? And the name GREATec speaks for itself. 

So ... I wrote into my new note book ... A5 size ... to jot down my ideas ... and to recheck them.

I like LHI and LCTitan as they dropping low ... and lower. Buy low sell high? 

I like Revenue and Greatec too ... buy high and sell higher? 

It is all ... as trading ideas. Which would we take or do? 

For those stuck inside LHI or even TeoSeng ... can I ask what do u do, actually? Hold ... or average down? When are you going to sell?

For those buying and holding profits to Revenue and Greatec ...can I ask too ... do you sell for profits or hold ...or add in, average up? When are you going to sell?

Making our thinking as independent as possible ain't easy ...and to make that commitment for us to take positions hugely, having the strong conviction base on our opinions ...is definitely not easy. 

While I have always wondering how things work out ...monitoring for years now, making decision base on opinions could be disastrous. 

Hold on to our own opinions. Buy n stay with it. 

TEH 





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Discussions
1 person likes this. Showing 2 of 2 comments

speakup

BORING!

2019-07-20 16:12

bursatrader2018

"MARKETS ARE NEVER WRONG – OPINIONS OFTEN ARE” - Jesse Livermore

https://www.marcellagerwerf.com/jesse-livermore-quotes/

THE 23 BEST JESSE LIVERMORE QUOTES AND TRADING RULES

2019-07-20 17:05

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