OTB ave price .43, he should have sold technically, so he will buy back later when reversal which is yet to know

.73 still expensive at time like this

loss 1k dont run, then become -2k, then -3k and when -10k only realised should cl at -1k but its too late

while profit should lock, later turn red will regret

hedge no hedge when fund sell it will drop, cash always a king

had run already, coming back later, maybe below 70c

this time if US drop hard, rebound will be hard too

its going to be W shape but the problem many got burnt the 1st crash and buy when it uptrend

now seems going to it crash again, burnt twice.

US futures another drop mon open

https://www.cnbc.com/amp/2020/06/14/stock-market-futures-open-to-close-news.html

foreign fund long time gone, even withdraw more, bursa up mostly from retailers, to newbie still not understand how market works and loss money, its a lesson to learn, hope not using hard earn money to trade or even loan

even king of bursa top glove drop, fund want to run for profit and leave small investor with paper loss until cant tahan and have to cl bigger

then later they buy back

this week -ve sentiment after long rally, if US market gives another big fall, then game over

if it go up, it will comes down later also as no index will be forever up

US market may rebound for a week or two and then will continue up or further down

cant think of the outcome but current index way too high and many uncertainties

to be safe, stay aside... but heart must be strong if have to see the price going up again later without me in the ship.. damn

tomorrow morning if it down, i think will buy again

i have to admit i bought top glove and comfort last week when down

sold comfort for 20c profit day trade and still hold top glove

i shared apanama comments which i think worth to consider :-

Stock: [ARMADA]: BUMI ARMADA BHD
Jun 12, 2020 8:07 AM | Report Abuse

This is my bet and my market view. For FBMKLCI ..1,448 is the last defense (20% up from 1,207).
Fail to hold above 1,448, market will start its selling mood again until window dressing end of the year. Dont know how low this time around market will go.

Bad scenarios for market from June until December 2020 as follows:
1. COVID 2.0
2. No vaccine for COVID.
3. USD strenghten (Dollar Index move to 102-105 level) as USA Election 2020
4. USA Election 2020 Trump loss
5. Brent crude oil retest USD 30 and below as USD strenghten and COVID 2.0
6. Malaysia political situation. Vote of no confidence for Muhyiddin in July 2020. If Muhyiddin and Perikatan Nasional feel threaten , they will call for snap election. After snap election, still not solve political situation as no majority or hung parliament.

Yes its normal for market to retreat after good run up (add 383 points from 1,207) within 52 trading days. But its also can be a BEAR TRAP.

For those who still has position and positive about market, pray hard COVID scenarios follow the SARS script whereby during SARS, there was a retreat after a good run then follow another good run after retreat.

But as for me, i tutup buku already. See you market next year or window dressing time.

So to all market warriors. BE CAREFUL and GOOD LUCK.

im with apanama, thanks for the insights

cancelled buy today and sold back all at .23 with 1.5c loss, protect capital first

i think US market will be in a shit again bcoz cannot able to contain virus, situation not good and index has gone up too far, another sell down might happen in coming weeks

sold off .52, expect further downside from US market, have some loss but div helps a bit, so its not terrible

will coming back later

decision must be made, if can hold until crisis over you wont sell at loss

another option is to cut loss and pray market will drop further so you can bottom fish and when market rebound you will recover the loss and back to profit

sold off all position with some loss on 3rd round, stay outside first, protect capital

US market still have big downside, will rebound a bit and drop again and again

dont all in, market high volatile, always keep cash aside

yeah agree, you wait 25c then

cannot back to square bcoz 2 mths ago oil 20usd, now 40 and next 2 mth will be 50

collect again son .575

coming qtr will be green, bought back .66 tomorrow buy again if below .65

bought .25 and queue buy .245 but cannot get, wait tomorrow

today bought bunga raya, mtag, datasonic, armada and boustead

when market sells, we buy, bought .535

tomorrow buy again lower

matched son .190 and mother .665

a conman wont use one username for almost 10K comments

have u experience qtr bad but VS shoot up? and qtr good but VS not moving

if not then you still a junior trader here

its an additional contract value on top of existing contract, not new contract, but thats better than nothing

expect tomorrow can have shark fin for dinner, son rally back to .70?

Uncle said SARS last 18 mths and covid now only 6 mths, so price still have more upside

But China almost no cases in 6 mths and Msia today only 2 cases within 3 mths. Every gov has taken strict measure to contain crisis that lead to reduce no of cases.

All glove holders who buy high must pray 2nd wave to come. If not come, price will go further down earlier than expected

uncle said never fall in love with stock and dont be greedy but the same uncle also said TP RM5 and follow his golden rule

and the same golden rule also proven as go to holland rule..

and its a fact they sold millions already either from direct or indirect holdings since end april

dato and datin sold 1m shares each, if their cost rm1, based today 3.24 both earn 2.24m profit each... so 4.48m earn profit just like that

question is, where 4.48m come from? people gain is other people loss mah.. so it cant be negligible..
_________________
Effendy Tay Dato and datin each has more than 100 million share total almost half of total issued 500 million plus. Selling some less than 1 million is very negligible.
10/06/2020 6:23 PM

at least 3 days momentum good, by fri will slowdown profit taking

i took some capital too, expect it will down back, this round goreng for tech rebound

once everybody go in, then push down back to 55

yeah goreng time, from paper loss now back to profit

i bought from 8.5 and 6.0 now ave at 7.5

in 2 weeks will shoot to .10, just wait

itu dato’ calvin recommend 100 stocks every year, 50 fly rocket another 50 die, back to square

collect son .195 again and mother .685, collect all the way down

to cl if 10% loss

once more vol come will hit back 1.5 and son will follow to .70

miss_secret, coffee prod now running around the clock to fulfill orders

and ems stock been sleeping long time, somewhere has to wake up