I think is time for me to collect back this share. Already lower than the price that I sold previously. Aim for my second round profit. Just sharing some of my little investor strategy, I used to be a long term investor. However, from the past years, I have noticed that some time, the total amount of gain in the same period (years), the short term investor (who buy in and out several times) might gain more than a long term investor who just hold the share without doing anything. Anyway, invest is always a risk. No 100% correct way.
Invester, for small capital u can invest in and out. But for large capital its disastrous to do so. Its not always wise to trade. U won't be saying this if redtone shot up to 90cents right after u sold it. Am I right?
WiseEye, thanks for the advice. However, I will still saying that if Redtone shot up to 0.90. As I always believe what ever goes up will sure come down some days and I can buy when it is down (it might not come back to the cost that I bought previously). So, to me, invest is to take the risk instead of sitting and waiting for the tree to grow and have fruits after years. Unless you have very strong cash on hands. Anyway, I have been reading about you comments in many places months ago. I respect you as a very intelligent long term investor. :)
Invester, well said. Every ppl has their own investment profile, sometimes play in short term may burn you. I believed quite number of investors in Redtone are just like you, they play short term and gain handsome profit as what you mentioned.
Hi guys. Please enlighten me on what do you mean by short term and long term , how long is a long term and how short is a short term, thank you very much....
setia2u, To me, short term means, when the price hit my target (normally i set profit of 10-15%), then I will let go the share. And normally I will monitor the share which I am interested for months. If the share is always performing well and suddenly there is a down turn (e.g: the whole market share drop and/or people are panic selling), then I will go in to buy. The share will normally recover after few days with at least a 3-4% gain. Just take example of Dialog. Yesterday it sudden drop 0.20 to 3.40 due to lawsuit issue (but overall the company is performing well). People panic selling. I went in and got it at 3.41. Today recover back to 3.56. 4% gain.
Don't take me wrongly. I am not 100% short term investor. I do hold some share for long term if the share is giving good dividend yearly (such as BIMB, Bousted Holding etc),
Luckily I bought cheaper at 73.0 yesterday ...... will buy somemore again. This counter has the potential to move up further until end of the month, and if more good news come out, I think it can even further and break the previous high of 86.0 sen.
My profits grow together with company profits. Their penetration into rural area is Doing well. That why share rebound and keep upwards silently. This a growth stock .
I hv read a report mentioning that Redtone next big earner is Managed Data Centre Services to the SME.Other companies like Hitech Padu, Vads, CSF grp are already in the mkt with Tier4 and ISO certified.Crumbs can also give 200% increase in their Redtone Data Centre business, so there must be a huge mkt out there.
We should accumulate share that still not in radar by many research house. Once it been analysis by many research after announced their company strategy , profit and future earnings. The share price will keep moving.
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....
WiseEye
1,199 posts
Posted by WiseEye > 2014-04-09 22:14 | Report Abuse
Zoro Ching, yes you're right. I'm very bullish in gst and e-payment themed stocks right now.