Covid-19 make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
Adding fuel to the rally in riskier, more volatile technology stocks was a recent initiative by top policymakers to spur investment in so-called new infrastructure, such as the fifth-generation (5G) wireless network, cloud computing and internal data centres, to counter the economic slowdown.
Bought some at last minute to diversify my portfolio. Can advice is Rexit also a good stock to hold? I studied both these.companies recently and found Rexit might be as good as Opensys.
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....
SuperPanda
11,431 posts
Posted by SuperPanda > 2020-03-02 15:51 | Report Abuse
queue buy .375