i have been accumulating since 0.1..impressed by the RM 40 million profit project..but now is getting worried with the non-stop falling price...dunno shd keep holding or cut losses..
Price has been moving sideways for some time now, don't worry it will move up. Keep buying when low & average out. Sell once it reaches your tp. Don't play contra, though.
Depending on what kind of profile you are. If you are swing trader, then support is at 0.08. if it goes below 0.08, then can consider cut loss. Otherwise can consider accumulate at 0.08 or 0.085. 2 resistance level. R1 is at 10 cents, R2 is at 14 cents.
QvvQ, your question should be made before you buy rather than after you bought :p and if you are looking at fundamentals, you should be looking at companies like Maxis, DIGI, Tenaga etc as these are companies with good fundamentals. Stocks like Sanichi are what is termed as penny stocks. More for speculation.. ie when the sharks will come and goreng.. To swim with sharks, you need to be prepared to be bitten.. Doesn't mean you should, just mean that take necessary precautions.. Cheers.
Haha.. lots of so called inside news, ended up ppl buy more and more to average down.. do a bit of your own research even if you get the so called inside news. nobody is more concerned about your money than you. "Aim not to lose rather than aim to earn big bucks.." think about it. cheers
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....
myob
580 posts
Posted by myob > 2015-02-10 17:16 | Report Abuse
Sanachi next play for sure look at the last minute buying. Syndicate is picking up.