I bought a small amount of this counter at 9.5-10 Sen and am going to hold for a while but I acknowledge that it was a long shot hence the small amount. The price has almost doubled since despite having proven nothing in terms of actual earnings. I'm still holding but I also understand that moving forward this will be a pure goreng stock. Everyone else who is looking at this stock and is keen to enter should bear that in mind as well.
Anyway my point is with goreng stock, as long as you make money, there is no wrong time to sell. It's gambling on the whims of the syndicates who are doing the gorenging.
All these Warren buffet buy on rumour sell on news and be greedy when others are fearful mantras only really apply to blue chip stocks, not pure speculative or goreng counters like this one.
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....
adamdacutie
1,456 posts
Posted by adamdacutie > 2020-12-15 10:22 | Report Abuse
This is an explosive stock.... To sell now is so silly imho