IRIS is like gamble, once politics stabilised it most probably see strong rebound. Tonight UMNO will decide whether to stick with government or to split. Do not forget one of the key member in IRIS are UMNO key member.
Sub shareholders are still holding including Rozabil, Tan and few institutions in top 20. Only Dr Poh keep buying and add 2mil to a total of 36mil from 34mil since 25/11/20. Other than that there are no changes. They are holding tight tight.
It's Friday and on top of that there will be another announcement at 4pm about possible MCO. So short term players may get scared of the uncertainties, that's just normal. Sell if it makes you happy.
Otherwise just zoom out your primary to 50, 100 or 200MA etc... it's much more peaceful.
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....
freddiehero
16,722 posts
Posted by freddiehero > 2021-01-06 18:51 | Report Abuse
door forgot close, need come back to close..