Not just had the local stockmarket turned cold. The weather has turned cold too.
Since the start of this week, it has rained frequently. Flash floods are happening. (which may dampened sentiment of share prices of companies near flash flood prone areas)
2021 has been a year of Mr. Market of USA being a super bull while the Mr. Market of Malaysia has been a ultra bear.
What a depressing time.
Amidst the sombre mood, research analysts and fund managers have been scratching their heads, trying to find the best stockpicks for 2022.
Would the catastrophe of the glove stocks occur to other stocks in 2022, once the short-selling resumes? Or could there be more fairytales, like the GENETEC or KOBAY or SAM of 2021 repeating in 2022?
One thing for sure, the top gainers for 2022 is very unlikely to be stocks currently in the Top 30 trending of klse.i3investor.com. How would share price fly when there are already many buyers aware of it? It must be something which is undiscovered, an explosive growth stock with exciting growth prospects waiting to be unearthed.
My narrative remains unchanged since last month.
It may be a long and cold winter.
But one must not lose sight of the warmth of spring once winter is over.
Disclaimer: This article is not tailored financial advice, but mere general stock sharing / observations. Please do further due diligence. The author does not have any interest in the specific stocks listed above.
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