Mycron had gone up by 400% to 500% in less than a year couple with No dividends and weaknesses in market sentiments. Many have locked profits regardless of low PER.
This is yet another "creative" work of the stockists. They try to push down prices to create fear in a counter, in a bad and quiet mkt. Trading vol consists mainly of their own trades.
This also helps to "clear" weak holders and maybe,to pave way for the CNY mini rally next month.
This stock has fallen from 1.20 to 75sen, a 37% drop. Even it go up, only can reduce losses. I have sold out at RM1.10+++. Should cut loss at 10% or earlier.
It its proven that all OTB stocks will suffer the similar fate at the end. First is the export stocks, then Gadang, then Mycron. CSC and Gkent will be next.
Posted by Hotrod > Dec 7, 2016 12:54 PM | Report Abuse
It its proven that all OTB stocks will suffer the similar fate at the end. First is the export stocks, then Gadang, then Mycron. CSC and Gkent will be next.
Ans : I am not god, I cannot be 100% correct. Both TA and FA of Mycron are good when I recommended. No apology is needed. Likewise, Cscstel and Gkent.
If I recommend Genetec, I will apologize because it is a losing money stock. You can blame me because I did not do enough homework.
If my apology will make you happy, I will apologise because I want you to be happy. Thank you. Ooi
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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....
bing
3,794 posts
Posted by bing > 2016-12-06 17:58 | Report Abuse
天啊!明天会好吗?So good company why drop?