OTB like to cut because he always stick to his rubbish TA. Expensive time he say break and ask you to chase high and once very cheap time he advise u to cut loss. The other way round from those like warren buffett, peter lynch to buy low and sell high.
Dear IBanker, Agreed, some private run fund will purposely selling down, feed fear and create negative sentiment or margin call/ panic sell not to cut losses but with the knowledge that they are able to buy back at lower price to make a future huge profit. Masteel fundamental have not change and prospect remain bright. The current price is below resent Private Placement Price. Thank you.
The most humble thing one can do is to admit he doesn't know anything, instead of trying to explain what's happening. Because if he himself don't see it coming, hindsight will not do much to help him foresee what is to come.
Masteel share price has rebounded strongly today after my article in the noon. Another stock to focus would be Hiaptek, QR would be released in this month, should expect an excellent result. No more impairment losses, huge forex gains and higher selling prices n margins for their steel products. A no-brainer buy at current price for Hiaptek. I'll be publishing an article, my analysis on Hiaptek soon, should be by tmr noon.
- Dow Jones drop from around +100 to -249. - China Rebar price keep dropping. Refer to link as below. - Parliament dissolve very soon. Election coming soon.
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....
JayC
1,302 posts
Posted by JayC > 2018-03-14 14:05 | Report Abuse
good move