I lol-ed at your comment huat gor, you have made my day. I believe it is going to go up soon as the RSI is already oversold. In addition, if you check back the director buyback history, you will notice that when Giancarlo Maccagno (Director) buy backs the share, the next few days the stock tends to go up. I am suffering losses too on this counter, I should have sold it when the financial report was reported because I anticipated it to be a very good report and turned out it is good and the price shot up as high as 1.99 if im not mistaken. However, due to greediness, i continue to hold it and now the price has gone down. i just wanted to remind myself always stick to my first plan. :)
the trend based on my observation, will go up after a couple of weeks...instead of next few days..after the directors bought the shares, but we hardly see them sell.....perhaps via proxy to do selling..
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....
waseong
202 posts
Posted by waseong > 2014-09-19 08:34 | Report Abuse
Hi, morning. Its best time to accumulate wacai since it is lower and achieve better profit.