Many many rounds of trap. All hoping for the chance to push up...but that never come. Now the trap is full of greedy investors crying mama waiting for Sharks to release the latch. But when?? Will it go all the way down to 3 sen?? Nobody knows...only the sharks ...smiling to themselves.
Average is one tactic Cut loss is another tactic. Average only if you got lots of cash. Cut loss only if you have limited cash. So no right no wrong. Sometimes you cut you can buy other moving stock. That is the opportunity cost. If not all your cash tie to a single counter like putting all eggs in one basket. Sometimes average is risky if the stock keep dropping until you cannot average anymore and your lost will magnify due to the large amount of stock you are holding.
So up to you with your own strategy. But sifu always says cut loss better. It just like cancer. Cut it early and don't let it spread too much. Sometimes a lot of people average until die standing. It is good to keep some cash to fight another day and wait for the uptrend before buying. But this stock every time uptrend it trap people by going down again many times. So it is a manipulated stock. Better stay out and wait for clearer sign.
As expected it went back to .05. It now go side way and then perhaps drop to .04 - .045 before it rebound. It would be a while before this stock will come up again. Stocks got it's own pattern; always follow the character of their owners. Hopefully this round it's different and shoot up like a rocket; however, it;s unlikely because it is still a "DVM".
Stock: [KGROUP]: DVM TECHNOLOGY BHD
Apr 26, 2017 09:53 PM | Report Abuse
History repeat for this stock. It might just go back around .05.
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....
Hwai Hooi
2,249 posts
Posted by Hwai Hooi > 2017-05-03 09:27 | Report Abuse
how is KGROUP want play today?