it is a big boys game. This counter is famous for speculation for last ten years. The fastest way to rescue a recession hit industry is to destroy and rebuild.
if big boys start accumulating then price would stabilise. Upto them. i guess they wont go for margin call strategy that is beating price down more than 30%.
There would b a accumulation period. Lets say Rm1.5-Rm1.6 or Rm1.4 to Rm1.5 or Rm1.3 to Rm1.4 until break out. WE dont know. We r in the dark and at disadvantage. Only BIG boys know. So strategies abit ya.
ya may be kena swallow, but so what? At least learn something... So cut loss? not my target, just portion of my bullet. How long can I hold? As you said - wait the company bankrupt guah or privitisation below RM2 still majority accept... I am really ganasai...
thanks for your comment. I am different from other people. When people throw, i collect. When people collect i throw. If you throw, I throw then all of us will really become crocodile dimsum. But... Please never follow me, u must consider your situation, especially for those buying with huge portion, borrow money or daily money, father/mother money...
When price goes down people panic sells. But Smart Sucker will average. They always hv wisdom to buy at low price. When price goes up they would SELL.How long would they last in mkt? They forget the main principle is DONT BE A SUCKER.
stick stick stick stick stick stick stick stick stick stick candie stick candie stick candie...It is like training dogs to take the next candie. Nobody will make it to EGM.
technical guy will study the chart all day Fundamental guy will listen to news for next 6 mths. Take lah the next candie. It will exhaust u for next 6 mths.
mkt will keep everything that u throw and keep quiet. U really wonder mkt will surely bust if everybody is throwing everything they dont want and accept it quietly.
It is just both theory and practice. But iam not gambler class. I wont love a stock. I would sell LPI Nestle Public United if conditions is not right. I wont argue that i am right. I would admit mistake and take losses and wont add into loss. I wont fight a losing war. And iam always a student.
let me put things in perspective. All HDD producers will now enjoy higher demand for their products due to the short supply. ENG is definitely one of them. Look at how JKY is doing, their share prices have gone up. IT is now up to ENG to ramp up their production in their other facilities in Malaysia and elsewhere to take full advantage of the situation. At the same time, the damage to their facilities in Thailand is also covered with insurance, though to what extent, ENG will have to tell. So, higher demand and higher prices mean ENG will also enjoy higher trades, same with the rest of the HDD makers. Natural disasters will be catastrophic only if the makers do not have insurance and cannot rationalise and take advantage of the short supply situation. So hold if you can, sell if you wish. At current price of 1.55, share price is very attractive.
pricing is always a key issue. At certain price u hv to rebalance the best stocks Conversely, u can still make money out of lousy stock at certain price. But the key is always to make money SAFELY.
Well remember one thing that will totally destroy yr money management discipline and wipe u out is average down heavily. This is survialship issue. Dont think u are always right but what if u r wrong.Handle the money mgmt properly and do the right thing.
Averaging down is something like i know i am wrong But how can i be so wrong. I dont believe i can be so wrong.What if u keep on being wrong. BUT if u think u can be only be wrong to small extent Then u can try average down abit with good money mgmt. Well if u think u can only be wrong to small extent, u dont hv to avg down sometimes.
haha Only full time investor can play share? What the XXX theory? Ya i play share because for fun. Too boring for my life. Luckily i meet u in this blog, who always remember me and said out my name. Thanks.
40% so less meh? Please dont simply speak out other stock name, whether is gold or plastic, u richard so fast can estimate everything. U not human, u are god....
we respect stock, we respect people... crisis make me see the value, not dreaming anymore. I am young but luckily i see all this debt crisis, Natural disasters how to make stock down. Scare? No. Why? I more appreciate because make me see the real thing. Ready your bullet for next coming crisis... debt loan pass? privatisation pass? haha...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockoperator
936 posts
Posted by stockoperator > 2011-10-19 13:40 | Report Abuse
it is a big boys game. This counter is famous for speculation for last ten years. The fastest way to rescue a recession hit industry is to destroy and rebuild.