Relax dont fight2 la..all stocks are in red. Not only malaysia, its global. There will always have a recession in every 10 years, now the time for fear has come. Wait for the right time to collect slowly. But now is not the right time, its only the beginning. Just my opinion
Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold. market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom. High debt company cannot hold ,high prices stock cannot hold , MARKET NEVER SLEEP MONEY NEVER SLEEP just BUY BOTTOM LOW PRICES WITH CASH COMPANY . This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheapers stocks market will GORENG lows price stock at BOTTOM.
This is what market uncertainties look like @joyvestt. Market try to find its direction in current situation. Very volatile to invest right now. Maybe day trader can benefit in such situation. Because everyday news are important right now. Tomorrow down 20%, the next day up 15%, the next day down another 30%...who knowsss..not until the future is clear. Hopefully covid will end soon. Its not just a matter of the market, but its also about life in risk
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....
abn10
358 posts
Posted by abn10 > 2020-03-13 10:05 | Report Abuse
Relax dont fight2 la..all stocks are in red. Not only malaysia, its global. There will always have a recession in every 10 years, now the time for fear has come. Wait for the right time to collect slowly. But now is not the right time, its only the beginning. Just my opinion