Drastically change of sentiment, would it change your view again ? Human are easily getting emotional especially driven by things they care most. Sometimes, not a bad thing to swicth off your screen. ( Only for suitable to those mid & long term players)
I'M HOPING MY VIEW TO COMCORP AS A DYNAMIC GROWTH CORP NOT OVERALL OUT YET
is not about volume, is about timing and confidence about his company. if he also think is overvalue. what u aspect others shareholder react. especially everyone is waiting for the Quarter result. i not blaming him selling his shares. just like to know what is his reason of selling it. ha !
besides the ever popular FA and TA ( so popular code words in i3), a lot of headaches can be avoided if people do a proper BA or business analysis and business risks
I think still have hope because the FA still good but the operator has take advantage to goreng and take profits.....sad case to those bought higher price and contra.
The A team is the one going to buy back the battered cheap stock because it was considered the tall long red candlestick as oversold. The B team is the one going to sell down the stock because the tall long red candlestick is a sign of danger and more weakness to come.
Which team are you in? You decide yourself. But please please put a stop loss if your decision is wrong. don't be a hero. The market never sympathize on you any how. I agree there might be some technical rebound...but those trapped will want to sell and get out from this mess as some really contra players...they don't even have enough money to pick up. They are going to force selling at the very first opportunity. For example...I have 40k in my pocket...I bought 100k of comcorp at 90 sen hoping to gain 10k when it reached 1.00. But when if fell to 66.5 sen...I am shivering because my maximum I can contra is 40k. I cannot even pick up at 90K. At 66.5 sen I would have to wait for it to go up further to sell and minimize my loss. If comcorp is heading south again tomorrow...with only 40K in my pocket...I will force sell no matter what price.
besides the ever popular FA and TA ( so popular code words in i3), a lot of headaches can be avoided if people do a proper BA or business analysis and business risks
If it is a high growth company with RE and other businesses many enterpreurs will want to take over at such a low price,so why worry with high technology company,rare in Malaysia.
a lot of things can happen without need for conspiracy theorists or even syndicates.
if you ignore business analysis or business risk analysis like Koon Bee did, anyone can also suffer from the same fate from just animal instincts / herd instincts....and just plain negligence.
FA, TA...............but where is the BA ?
I mean, is it even an investment grade share in the first place..?..play with fire burn by fire is just normal stuff.
everyone who bought the share is nervous. When everyone is nervous , does not take much to set off a nervous cascade.
It could Continue to limit down today due to force selling and margin call.. Those who into these type of stock better have their brain checked Concorp obviously is a conjob..some blogger wrote wonderful story about a nothing special company for their own agenda.. Those who still promoting this stock obviously they are trapped.. Ah long may also pay a visit if they lost borrowed money These ppl have only themselves to blame for greed and stupidity.. Good luck! :)
I have been a silent reader for the past few days as it caused me 3 k as I was stunned by the speed it falls.In stockmarket,one of the common mistakes people make is over confident.We cannot completely trust what is shown in the financial reports only trust what you see i,e price action.There is a report frm Fred Tam this morning that shows the stunt they did on Comcorp in 2007.If it exhibits similar pattern there is a small rebound in the morning followed by another big fall before a rebound again then tapers off for a long long time.Be very careful
Within 30 minutes...concorp can change a rich man to a poor man. Of course it can also change a poor man to a rich man. The toss of the coin is in your hands. Team A or Team B today?? Take your side. Market opening soon. From my experience it will be up up up....when people start to bargain hunt thinking it was cheap and later then down down down because those who are trap will get the hell out.
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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....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2016-06-22 19:45 | Report Abuse
wjy,you are the last to be trusted.