Posted by andy118 > 2011-12-03 08:51 | Report Abuse
More like a junk collector rather than an antique collector. Usually this junk stock goes down value, ask for more money via rights issue etc or worse just died (delisted)
Posted by pinga > 2011-12-03 12:46 | Report Abuse
Yes I think what CP wrote made a lot of sense.Shares bought for long term investing could become junk only if you let them become junk.The companies which you bought your shares in need to be attended to.When the prices of the shares exceed their valuations then its time make the decision to sell. This is one of the reasons why long term investors sell and become incidental trader, they buy the shares back at a future date when the prices has fallen back to an attractive level.If the fundamentals deteriorate then there will be no buy back.We all then to be lazy, not putting in the effort and not learning to up grade our knowledge. That is one of the reason why people lose money.Other reasons why people lose money depend on their motive when dap in the stock market. I admire people who put a lot of work in posting their blog.People with substance and common sense.FD 3%.Banks earn much more than that using your FD money and give you 3%.Ha!!
Posted by steve123 > 2011-12-03 14:17 | Report Abuse
Most people are good winners and bad losers. When we win a little we cabut then when we lose we hang on till death do us part or put inside the freezer. Gotta to learn how to cut losses.
Posted by chong > 2011-12-04 18:58 | Report Abuse
Well said brother steve123. Yes, alot of people don't know how to cut loss but hang on sampai hangus.
Posted by Adam Ryan > 2011-12-04 19:11 | Report Abuse
penny stock don't hold so long, if trend in down better cut loss....for everyone who buy at 30sen above, cut loss at 25sen (Support line)10-20%, if u wait so long, u will loss all of ur money... for all trader learn how to trade stock before u trade in bskl...then u will some money....
No result.
1
Good Articles to Share
A 30-Year Expert Trader’s HONEST Confession - Ziet Invests
2
3
Mercury Securities Research
4
Koon Yew Yin's Blog
5
BFM Podcast
6
BFM Podcast
7
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
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....
jaynetan
1,495 posts
Posted by jaynetan > 2011-12-03 08:14 | Report Abuse
be a trader or invester , and later becomes antique collector. This antique might or might not fetch value. follow the trend or can we ask the market trend to follow us?