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2 comment(s). Last comment by 3iii 2017-01-18 20:14

Cipetxxx

87 posts

Posted by Cipetxxx > 2017-01-18 20:08 | Report Abuse

Stupeed can go and POTONG LEHER..made CUT LOSS 2.28..now 2.42..what say you boodooh

Padini : Broken RM2.50 neckline ... putus leher, so it is SELL. I have alerted the group last Friday. Last night I talked about CUT LOSS ... if not, at the moment, it is RM2.28 ... check RM2.15 to catch knife today

3iii

13,227 posts

Posted by 3iii > 2017-01-18 20:14 | Report Abuse

Supply and demand

Fundamentals - intact versus deterioration

Deteriorating fundamentals - temporary or permanent.


Prices in the short term have little to do with fundamentals.

Have the fundamentals of Padini deteriorated drastically?

Cut loss is a strategy for short term traders. They speculate on the price, hoping to sell higher than their buying price. Since their focus is on price and price alone, they often may ignore the fundamentals. So when the prices drop, they "panicked" or "are mentally prepared" to cut loss on their transactions.


Value investors love to play the game with these speculators in the stock market.

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