vinvin, you are pretty new to stock trading? There are several good books that you can read which explain the fundamental and technical aspect of stocks. Go read it
Tq kakashi, I'm ashamed to tell u that i've been trading in shares for more than 50 years but during old days v r not so advance like now with internet n what not. News r also not so easy to get n purchases n sales were done by booking n relied more on the reminsiers. Now I got the chance to make comments although some r not nice to hear or see. I hope u understand me. Tq again..
Actually, some good books are really good for seasoned or newbies. Adam Khoo's book, warren buffet investing, cold eye. Very good reading. Anyway, everyone thinks and trade differently, this is why we will always have buyers and sellers no matter how ridiculous the price seems
The share price start dropping again,non stop dropping for almost two weeks. Why no UMA was issued to this company.It is really unfair to the small shareholders like us.
ya, trunks. It really teach me a GOOD lesson. My advice is do not waste your hard earn money into this rubbish company. You all should Invest in a good fundamental company as well.
Good to share our mistakes and success story. Other traders can learn as well. Most profitable is turnaround company. Most risky is speculative stocks (ex: eastland). Most stable income is good fundamental dividend paying company. But often greed overtook this rationale :)
I buy one share and wait for this bum at 0.10c . I sapu 20 lots at 0.10c and just wait . See who has more patience to wait . teach this bum a lesson . I will take profit at RM1.00
I hav only one share, better hold on.can lose only RM46. will wait this bum share at 0.10c. then show my colour and buy 20 lot at 0.10c and wait .let's see who is smarter.
Why so cruel to me? I feel very heart pain now. I just disposed all my shares about 1000 lots this company two days ago. loss a lot of money. Why rebounce so late.....what a bull shit company.
Don't be dishearten Alfred Aun. This is part of the game in shares trading, sometimes win sometimes lose. Two days ago I sold 1500 lots in Fonic at 13 sen n today it touched 16 sen. What to do, it's just unlucky. More chances will come to us later on, cheers up friend.
I disposed flonic made only Rm450.00 but genm which I kept for more than 3 years made about 15k . I've lost money mostly in penny stocks. I'm holding 3000 lots in Luster which if I sell now I'll lose 19k.
vinvin, sorry for your loss. I used to be in your shoes. In 2004, i loose nearly everything (i bought pilecon 500 lots) and all stuck, get delisted. I even owe my pa rm 24000. However, i win back all i lost with other counter later. Remember, if your education is not enough you will continue to loose, you will start making when you have pay enough due. Take care. Wish u luck in trading.
Alfred, u shouldn't sell ur shares when u could lose so much as this counter will slowly go up. Sometimes the sharks will frighten us by pushing the price down n then they will buy at the lower price n push up the price again. Anyway wish u good luck in other counters n happy trading.
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....
Alfred Aun
1,139 posts
Posted by Alfred Aun > 2013-07-29 10:26 | Report Abuse
Oswald, thanks for your information.