i think this stock will go up tomorrow and down the next day and up again. It will eventually go to a stall before going another new high which will be a couple of weeks from now
I am mid to long term investor. I invest to earn money and not shout like kid. Mid term investor don't track stock movement by days.... We track company performance on quarterly n major announcement. As a investor, I don't need to be prefect or god in every counter that I pick. I invest 12-18 counter. As long as 12 out of 18 make profit > 50% within 6 mths than I am happy man. I will cut loss when wrong counter bring short list. Each loss will set a limit of 15-25% max. I invested on eksons, frontken, plabs, priva, MITRA, prlexus, sign, teo seng, esceramic, hevea, latitude, pohuat. Super profitable... N sky is the limit. Only 4 counter especially property n oil&gad which i cut them within 3 mths when the performance disappointment. Like gob, Bcb, Barakah n Dayang.
As a investor, pls track the above stock in last 3 mths n next 3 mths.
if u r investor why are u predicting plabs will goto 38c within a week? obviously u r punting shorterm,
you coming out to shout for predicting prices over the next few days even before QR announcement. and when it does not materialise, u go to other counter to shout.
after u bought a stock, u become very bullish, and you simply pluck a tp from the sky. then it never happen. u pluck another from the sky again, still it never happen. then u say, fundamental good, good future bla bla.
my question is, if u r midterm investor as u said, why are u keep predicting stock prices for next few days?
No point to keep talking bad on ppl. I do know this became habit on some ppl ( always full of dissatisfaction but hardly contribute ) Predicting is fun but this doesn't reflect my real investment philosophy. Show me yr top 10 to 15 pick... Let track 3 to 6 mths from now. Forget to mention - MMVS also in my profile.
(Kuala Lumpur on the 14th news) shares climbed to a record high horse, analysts believe that the large capital stock valuation is expensive, far less attractive small capital stocks, promising small caps stocks is expected to become the new king horse. CIMB Research has recently met with 74 Hong Kong, Singapore and Malaysia, fund managers, investors found two horses new small capital stocks showed a strong interest primarily to large capital stocks are no longer exciting, investors began to focus on small cap stocks to outperform the performance achieved.
I guess a lot of people already taken profit when they purchased at 0.190 - 0.20.. now at 0.220 - 0.225 is the real test if they can go beyond 0.230 to 0.235 & breakout.. all the best!
Today chart is as beautiful as Miss Malaysia (lol, sound familiar?) Go and look at any superbull counters, when they start to go up for 1-2 days with high volume, the following 2-3 days, the volume will reduced significantly, follow by a price correction for a few beats, after that second round will come very strongly and push the price to new high again, and this will repeat a few rounds until the TP hit.
Wan, you can look at your Mqtech on 13-20 Mar, same pattern. Priva, PLABS all same pattern as well.
For our Miss Malaysia Frontkn, look at the chart now, volume reduced but price doesn't drop so much, this is very good sign, and I foresee the second will happen this week and bring the price to new high again.
I am 80% of my portfolio in Frontkn and decided to all in this morning with this counter, just sharing my strategy, this is not a buy call.
And if you sell now 0.22, most likely you will never able to get back this price, as the 0.22 buy queue will immediately build up if there is sell down. And later when the price go up higher, you dare not buy back at higher price, and you will just watch the price go higher and higher, this call "miss the boat", lol
apini, agreed, nothing is 100%, its all about possibility, for Frontkn, growing revenue/profits, low PE, weak RM, bearkout chart with huge volume.....all this improve the possibility of winning.
you have a dream, then you have ahope, you have a hope you have a direction, you have the direction , then you arrive at your dream destination. 1MALAYSIA
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....
John
23 posts
Posted by John > 2015-04-15 01:42 | Report Abuse
i think this stock will go up tomorrow and down the next day and up again. It will eventually go to a stall before going another new high which will be a couple of weeks from now