Do not buy during a downtrend, it will only trend lower low, the chart is a waterfall. No point to keep buying and wait to average down until out of bullets and watching the price continue to drop or worst case cut-loss if unable to hold. Patiently wait for the downtrend ended, it will not be an immediate "V" turn from bottom. It will stay at bottom for awhile before it rebound. It will never be too late to buy at bottom, no rush to buy during downtrend.
Let IDSS buy & sell by themselves to push the price to bottom, and we do bottom fishing.
B4 virus spreading.. Just sell all the share and spending cash whatever I want.. It's must be more happy spend 4 ourself rather than throw the money to uselessness company.. Not jst knm.. More out there.
Lottery-like stocks like KNM, Hibiscus, like lottery tickets, offer hope of winning big. Most individual investors are attracted to lottery-like stocks, owning on average 90% of them.
But think and analyze, what is the probability of any of these hopes to be realized, and that the shareholders will enjoy reasonable return from their investments in lottery-like stocks such as Hibiscus and KNM?
..... knm tidak berciri eksklusif spt top glove....... So tak perlu eksaited sgt......! Apapun bolehlah kutip kutip.....!!! .....Jangan terkesima dgn strategi pelaburan yg begitu ketat @ konservatif... Guna pendekatan yg lebih lues..... Jka pdk jka pj idss semua kita raikan.... Wa ka ka .........
The epidemic in Europe will probably get much worse before it is contained, officials warned on Thursday, as the number of infections across the continent jumped sharply, from fewer than 4,000 on Wednesday to well over 5,000, with at least 160 deaths. “It’s now highly likely that the virus is going to spread in a significant way,” said a spokesman for Prime Minister Boris Johnson of Britain, where the number of cases rose from 87 to 115. Dilek Kalayci, the local health minister in Berlin, said: “We must accept that this will continue and we will have more new cases confirmed. No one is able to stop this from spreading.” In the hardest-hit European countries, the number of cases saw the biggest one-day jumps so far: from 3,089 to 3,858 in Italy; from 262 to 482 in Germany; and from 285 to 423 in France. In Netherlands, infections more than doubled, from 38 to 82.
The more crude oil prices drop is actually better for longer term as Russia PURPOSELY drive down prices to force Shale oil players in the US to go bust this round
When lesser shale players survive there will be lesser shale oil output going forward and it also means crude prices will rally to higher prices
What we need is just patient and play along with Russia
when it drop to around 0.1 or below, shall be good time to slowly accumulate. based on current trend, it should not take long to reach 0.1.
current price of 0.185/0.195 is still too high to buy and with no sign that it will rebound from current level. there maybe a temporary manipulation of price up to trap traders to chase high, but it will still fall back and it will trend lower low overtime. no point to collect at current level by knowing a significant drop will follow.
======================================================= Stock: [KNM]: KNM GROUP BHD Mar 6, 2020 12:52 PM | Report Abuse knm price was TOP at 0.46 on Oct 29, 2019
today knm price is 0.19. Oil US or Oik UK price is VERYYYYY... X3 unstable and anytime break history low.
almost reach my tp 0.12(around esos price),will sell all my house,underwear and borrow AHLONG to buy if drop to this price. Avalanche effects.Some one might get wipe out in 1 day,do not fall in love in a single stock,diversify! Even our uncle Kyy also hit hard,havent learnt from Jaks
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....
maxprofit2020
1,161 posts
Posted by maxprofit2020 > 2020-03-07 14:31 | Report Abuse
Do not buy during a downtrend, it will only trend lower low, the chart is a waterfall.
No point to keep buying and wait to average down until out of bullets and watching the price continue to drop or worst case cut-loss if unable to hold.
Patiently wait for the downtrend ended, it will not be an immediate "V" turn from bottom. It will stay at bottom for awhile before it rebound.
It will never be too late to buy at bottom, no rush to buy during downtrend.
Let IDSS buy & sell by themselves to push the price to bottom, and we do bottom fishing.