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They said using the 1/3 system they shared, we should have entered our 2nd portion and last portion at 0.22. Not much insider news but things are a bit out of control due to weak market sentiment. Further, pasukhas is not a fundamental strong stock. Therefore it gets hit the most, however, I agree with that the coaches said, turnaround company is the most challenging candidate to hold, especially at the beginning. That's why averaging down in different portion is a bit challenging and need a lot of courage. Again, they cited that insider holding on, and bank still promoting. Pasukhas is on the recommended list on Dr. Nazri Khan still.
This is not a technical stock due to its small market cap as price can be easily manipulated. As long as you KNOW big things coming, hold on to it. If not, do your best to sell now.
@seabird - sze liao lur.... @signature - ya lur . why r u selling..everyone dumping. is tehre any -ve news out there? rebound a bit, further drop pulak...-.-' ---> T T
i'm not dumping as i have already planned for longer term or hit my profit tgt. i'm not a short term trader nor speculator. I was into pasukhas with a clear mind, this is not a value play, not a growth play but a turnaround play. Timing and price of entry is the toughest to gauge when it comes to turnaround. So, it only wise if we average down at a price you are willing to risk.
My teacher teach me to use an entry of 30% 30% and 40% for a turnaround stock but i didnt listen and entered straight. Thats my biggest mistake and i paid for my mistakes.
Dr. Nazri still promoting Pasukhas as i last heard from someone in Affin Chulan. Guess he knows something if not he wouldnt be risking his reputation to promote a stock with no fundamental and technical support.
Nope, dr. Nazri is the person who recommended Pasukhas and he doesn't recommend in his latest report doesn't mean he doesn't endorse Pasukhas. Have you been to his talk?
Hang on there aliciang! You can't give up at this moment as you have gone this far. I'm sorry but I have to let you know things are always like that. It ain't always go your way.
@tehtarik : I am looking at the support level base on technical analysis.. The next support is 19.5cents to 21 cents range.... Until now, there is still no clear signs of reversal yet. The downtrend might resume..
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....
tehtarik
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Posted by tehtarik > 2014-10-05 11:33 | Report Abuse
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