Caveat Emptor- a legal term,buy at great risk to yourself. 2.Presently,yes the stock is oversold but other indicators like MA,MACD show the bearishness will continue. 3.Today markets very volatile.Just wait and you will have a wide selection of good stocks to select. 4.Save your hard-earned money and avoid this very speculative stock. 5.TA and FA -poor and mediocre.
Bone I think the question we need to ask is who has been selling down and why. Doesnt seem like key shareholders so likely some other PE Fund below the 5% shareholding.
I think its oversold too but might be due to indication of some negativity in the incoming quarter results.
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....
Mohd Fahmi Bin Jaes
29,148 posts
Posted by Mohd Fahmi Bin Jaes > 2017-08-11 00:30 | Report Abuse
Dji -144