Oil prices drop due to coming winter season might not be a problem for this stock. Advice: Having good faith- average down stock buying price is the way.
i bought 3.39 ... good company wont die... ppl sell u tot forever selling mer... will accumulate when it dip 1 ma then push up again... just like skpetro... many times already same trend
even when most stocks are rebounding from the last few months of a correction, huge blocks for Buy & Sell placed between 3.40 - 3.42. what's the logic here?????
The oil price is lowest in 2 yrs.. Most energy shares across the board does not shine ... Keep till the oil price jump above 100 usd/ barell... I see this is accumulation point , but can't say whether will consolidate or not ...
High inventory of oil production by US caused the price go lower. North America no longer relying on the importing oil. So how would OPEC react, they might be cutting production output and this will increase the price but the price will not boom. Crude oil market is very difficult to predict , cheap oil will end soon, it will rebound to above 90 per barell again in long term..
Foreign Investors all cabut, bursa market is jumping down trend at the year end. The situations is globally not only bursa markets. Kindly convert the shares to cash fast. We are entering high debt, high taxation era. Good luck.
I am back to this counter after selling off all at RM4.30 in Feb this year , bought in Nov 2013 at RM3.20 . After 8 months it dropped back to first day listing price . I bought some just now . It may drop some more but I don't mind because I have made good profit the last time . CIMB gave a new TP today at RM5.11 .
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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....
stillaughing
88 posts
Posted by stillaughing > 2014-10-04 12:56 | Report Abuse
Oil prices drop due to coming winter season might not be a problem for this stock. Advice: Having good faith- average down stock buying price is the way.
donna anything don simply talk la
oil price drop due to coming winter??????
laughdieme.