a horse that can count from 1 to 10 is still a horse (warren buffett quote). people are over relying on accounting figures instead of mkt reality..what goes up too much will eventually have to come down. You focus on a few quarters of good results to push gloves stocks up, but you are still a horse by focusing on quarter good results. net book value of supermax is only 80 cent per share. net book value of diy is only 8 cent per share. look at the mkt price compare to net book value. you are going to regret if the quarter results do not go up and up all the time, you will see what happen like roller coaster. Today go up because of too many horses. you don't have to be happy because the horses are not already going to be your horses to carry your carriage for you.
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....
riskabsorber
582 posts
Posted by riskabsorber > 2020-12-08 10:30 | Report Abuse
Unfortunately, this pandemic does let you strike a lottery in your life. However, with your ulterior motive behind.