yesterday 250 up, remaining 1800+ stocks down and unchange. no worries. even the majority 250 green stocks were warrant and saham entah apa-apa. hold. mahathir baru kasi hantam sama najib semua panik gila babi. nasib najib tak gila babi. haha
judging from performance of other goreng stocks, there is still a good chance this will go down to 0.29 this week and 0.25 the following week... all stocks no stamina and running out of gas
Go for a holiday. This is not about Wanta mi 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. Sell and get out from this red sea. Everyone crying....better run. Force selling another wave coming. Better run and wait for the dust to settle. Then only come back. Play safe. protect your capital... this is not about 1 stock...it is about 700 plus stock going down at one time...serious case.
The rise today looks like only temporary because the big buying wave is not seen. Only some brave souls buying but will it be able to last till evening when due dates are coming? Long holiday ahead. I think I need to cut my itchy fingers off and stay away for a while.
keissar3, for long term in my opinion its not advisable.. i have some bought at 0.360 which I picked-up.. got stuck.. if you see the chart, few months ago back in Jan-Feb period, it went up from 0.70 - 0.80 to where it is now.. more than 300% increase! since this is a goreng counter & the actual value is much lower.. hence based on the chart, it may go as low as 0.295 for the next support line..
you can buy & keep it if you can follow this guideline (sometimes its easier said than done)..
Eg. let's say bought at 0.325 - 0.330.. goes up to 0.400 (potentially earn up to 7 sen) BUT must take some profit along the way.. if coming months cannot sustain the price, price drop to 0.295 (potentially loss 3 to 3.5 sen).. hence you can cut loss when the price goes below 0.325.. you may want to cut loss before 0.295.. hence you losses will be minimal..
Verdict: Potential Loss of 1x or less than 1x with potential Profit of 1x to 2x.. Many a times, people think about potential win without thinking the opposite.. hence we have to contain our losses as well..
Can consider.. however, this is just a guideline.. must trade with caution.. I just share what is it.. not a recommendation for you to follow to buy.. hope you can see a better picture here..
the reason is all these goreng penny stocks (by big operators/syndicates) incl. Priva, Genetec, Bioalpha, Pesona, AWC, Systech, Frontkn, and many others are very volatile in nature.. (high return, also high risk).. if you are not fast enough to monitor it frequently.. you will get burn.. unless you bought it during when the price was very low..
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Posted by Jackychanbv > 2015-04-27 16:42 | Report Abuse
habis,,,,,,,,bahaya ini