Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
im watching from 0.35 until 0.25,told not to buy those share price which more than double the price of ESOS.They will convert and sell if the trend is not got,they still make mony if sell at 0.25 because their convert price is around 0.12
KNM really never disappointed me.....another KNM batch of fans gone again.... this is 5th time cycle i have been following KNM. (never use retirement fund to gamble)
Despite several reminders for the waterfall is coming, last week when there was still chance to sell at > 0.2, many still believe that it will rebound from 0.2. Now at 0.15 level, those who still hold and out of bullets to average down shall be regret by now.
I'm not scary of the price knm even it price drop to 10cts..becoz the lowest price i'm trade this stock at the price 0 06-0.08cts. So the second time for me to buy back what i hd sold a few years ago at 10cts to come back at original price.. 0.05cts
sardin81 will say, just continue holding, dont cut lost! it will bounce back to RM 3 soon because KNM has BORSIG, and BORSIG starts with B and ends with G, how often can we see a company with such amazing letter combination?? ALL IN KNM!!
Asian stock markets and U.S. futures tumbled Sunday evening following a sharp drop in crude prices, rattling investors who were already grappling with economic disruptions from the coronavirus outbreak.
Dow futures plunged 1,200 points and Standard & Poor’s 500 futures dropped 4.4%. Stocks in Asia plummeted, with Japan's Nikkei 225 sliding 5.7% while Australia's S&P/ASX 200 shed 5.8%. Hong Kong's Hang Seng index lost 4%.
Bond yields, meanwhile, slumped to new unprecedented lows. Global markets have endured multiple roller coaster weeks following uncertainty over how much damage the deadly virus will do to the global economy.
Investors were spooked further Sunday after oil prices briefly dropped 30% following Saudi Arabia's decision to cut its export oil prices over the weekend, a move that has sparked concerns over a global oil price war, analysts say.
Saudi Arabia's move came after OPEC failed to strike a deal with its allies on a cut to oil production. An agreement would have contained the plunge in the price of crude caused by the virus outbreak’s disruption to world business, analysts say.
do not buy during downtrend. let the price free fall to bottom, it will stay at bottom long enough for you to buy before it rebound. no need to rush in to hold, keep average down until out of bullets and watch the price continue free fall.
the chart is a waterfall, don't catch the falling knife. it will have temporary fake rebound from time to time (like this morning to 0.165), but it will fall back fast to lower low to trap in more traders to hold at high price.
Anybody who blames Sardin like MK212 is doing has no brains at all! This is a worldwide stock market carnage with many factors causing it.So many stocks down including Armada which was promoted by our smart ass investors here!So chill out and pray hard.Got money go buy and average any stock you want.No money just wait for things to pick up-long wait!! But don't blame Sardin or anyone for investing in KNM.Probably would have lost more investing elsewhere!!
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....
vadaiISback
172 posts
Posted by vadaiISback > 2020-03-09 09:28 |
Post removed.Why?