systech is a good company,go and check systect FA you will know,2015 three quarter next profit alaready RM2,900,000 ,coming last quarter resurt sure very excellent.previous hight next profi 1 year next only RM2,700,000
Go for a holiday. This is not about Systech not good. This is about the whole market is taking a trip down south. If you are not contra, maybe you can hold. But if you are playing contra, no need to gamble, just exit and come back later. The whole place is red in color. Buy anything also drop. Not sure if it is fund manager going summer vacation or Malaysia political 1MDB issue, or ringgit down...or May blues...something is telling me to take a rest. Cash is still king bro.
My itchy fingers want to key in to buy cheap Systech shares but my brain tells me not to buy as it can get cheaper ...so how? Finger or brain? Which you believe? LOL
Maybe need to rest for a while...look see first...I heard May is not a good month...don't even know why....but it is seasonal or a cycle. Believe it or not? Someone got this link from investopedia... just to share and info only.
richkid got this saying that may-june can be bearish. not sure how true.looking at its price movement this stock has moved up >50% since 1/15.not sure if its earning supports this price level. its correction time.i worry that as the price took 4 mths to move to present level, the correction may not be over in a few days. i got jammed up at 38.and tempted to add more. but seeing the market sentiment, i tell myself to wait. who knows next is even cheaper
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....
HungryWhere2Go
37 posts
Posted by HungryWhere2Go > 2015-04-22 18:33 | Report Abuse
Why market suddenly dropped today?