why buy? wait until BN win less than 2/3 then u buy......this is some of my bankers fren told me during Christmas and new year dinner.that is why I am so cautious and hit and run only
In other words buy Value Shares while prices are low
See Mphbcapital maintains while kuchai, sbagan & kluang all go down
OPCOM is Steady like a SOLID ROCK
Mrcb also up today in view of Govt Election Theme
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Posted by calvintaneng > 2018-01-18 16:37 | Report Abuse
We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down
– Walter Schloss
Calvin must qualify this statement:
IF THE STOCKS ARE UNDERVALUE AFTER PAINSTAKING STUDY..... CAN BUY MORE WHEN THEY GO DOWN FURTHER.
On the other hand it is suicidal to catch falling knives when "hot air balloon" stocks are crashing.
Those who "catch" the falling knives of IFCA on its way down from
Rm1.87
to
25 sen
were all killed by falling knives!
SO NOTE THE DIFFERENCE BETWEEN BARGAIN HUNTING "VALUE STOCKS" OVERSOLD OR "HOT AIR FALLING KNIVES STOCKS"
The former will make you VERY RICH LATER. But the latter might cause bankruptcy