@michael, this counter is oversold & undervalued. but hope transfer to mainboard is smooth then there will be greater visibility. if got spare cash can keep some. Definitely not for contra players.
Micheal Yeo, I disagreed with you. What is your risk term like? Mid term or short term? If you go for short term, then better don't touch this counter.
To own OCNcash, u need to HOLD. No need to trade on this stock as it's downtrend.
Analysts also commented that oceancash has dropped 50% from its peak mid July last year. Sitia, medium or even long term, many investor were hurt financially. It's manipulated stock.
Micheal Yeo,don't act like a fortune teller. If you're daytime Trader, yes, you are at loss because you expect profit everytime you buy low and sell high. It's a total downtrend stocks with not enough attraction for Retailers or buyers coming in. Momentum is negative and at this point, good to keep OCNcash in your portfolio.
Those who bought at 70 cents above, NO doubt, U got to HOLD. If by margin, you cut at a dropped of 70 cents. First, ask yourself who do day trade, u cut, and why you didn't cut???
Everyone entry price is different. U cannot say, everyones decision is the same like you. I could have bought at 42 cents, and I will not cut, coz I am making profit as at now.
Your decision and reason to sell have to match the reason you buy. If it runs out of the course, then you need to cut loss.
Excellent advised Sitia. You must be a patience & experience investor. Syabas to you. And I do hope you can continously input any of of strategy & comment in Oceancash; which is much apreciated. Tqvm. I am looking forward to hear from you again.
@michael yeo it is not a fund manager company. just a normal blogger. @investodiva Dont know how to explain. you may visit company website http://www.oceancash.com.my/
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....
joetay
3,737 posts
Posted by joetay > 2018-03-20 18:51 | Report Abuse
i think talk cock ttb of icap is holding the stock, so strong signal not to buy.
lol............