This kinda dumpster stock usually needs 2 wait 3 years or more for any kind of comeback....& usually it will drop another 30-50% MORE in the meantime...go in with your eyes wide open hor!
this counter can further press to 0.055 - 0.065? than have to see how many ratailer buy at the price 0.095 - 0.105. If have much stock turn hand at this level, further press down the price is possible. Trader have to count the stock quantity all the time.
When the price from 0.40 drop 20cents to 0.20, total lose is 50%. When the price from 0.10 drop 5cents only to 0.05 you also lose 50% maybe you will lose more money at low level price, wht? normaly when the price drop to low level, you will pump in more money, when the price 0.40 , you pump in RM 10k but when the price drop to 0.10 than maybe you will pump in RM 15k - 20k.
Joyvest, yes, im agree, when you keep average the price and the price keep droping, than will lose more money as you say. For my case, i buy 0.405 - 0.42. When the price continue drop , i buy at 0.38 , 0.34 , 0.33, than continue Drop to 0.30-0.305, later i sold my 0.33 - 34 batch at 0.31 - 0.315 with small lose and use the money buy bk at the price 0.16 - 0.185. Later average more the price at 0.155 - 0.185 to pull down my price from 0.40 to 0.24 reach my max capital for this counter. I wont average any more, even the price is low now becis still got the 2 risk there, one is price further down, another one is stay at this price with not move long time. You must set a max invesment capital for one counter, cannot do average down with no limit even you still have full bullet. Still many counters can gain money.
I keep the stock in the freeze, hope will rebound in the future. But future things whoes know? Anything can happen, there is the risk. Set a max capital for one counter is very important, if not, maybe one day you may lose all your money in one counter. Take noted.
Aiya.......you buy now , or later or never buy at all is all your decision. Just buy because you have a reason to hold. Just sell if you have no more confidence in this business. So it is all your decision
Joyvest, yes, average down only work if the price rebound, if no lt work, than you must having the holding power max 10 years time. Hope no need so long.
Anything can happen in share market, the price can further drop to 0.05 or suddenly fly to 0.30-0.40 without any reason, all jus depend on trader plan. Who is fall into trap with not so high price, jus hold, but sincere say if you buy price 0.70 above than will be a bit difficult to escape from the trap.
Some people want to buy at price 0.10 to keep, the risk to drop is less and price raise chaces is more high as i see. Everyone make their own decision no right or wrong. Tomorow what will happen who knows. Dun so fast to judge the price.
When the price drop from 0.85 to 0.40, than rebound to 0.48 and drop bk with very fast. When the price start rebound to 0.48, it can be continue raise up to 0.60 above, but only not happen, than many peeple see the price drop bk than only give comment on what lah what lah. This is the way to give comment?
Many expert people jus refer to TA lah, RSI lah , MACD lah and so on, to just the next day price movement, but if tomorow price movement not follow what your expectation from you technical analysis than how? The price run diff way. Your technical analysis still can trust or believe? Take noted.
You all can read all the comment here, many people come here is not talk or discuss on the price, they come in jus to attack people and talk bad on people, say your decisio is wrong and happy to see you lose money. This is what kind of people? I cant put a word on them
View from mountain top 0.80 was nice. And so was tumbling down from mountain top to 0.095. Enjoy this video i preprared for you. And remember this. Greed kills.
Have you learned from the most recent example, ie MMAG and its warrant. The fact is that if warrant is trading huge discount, the share is played by operater and it will drop till the discount is disappear.
Ppmaster, 1. When you bought MACPIE @ 0.405 - 0.42, its warrant was trading 0.14, giving 50% discount, this give you damned give indication MACPIE price is unsustainable and will drop to at least 0.20 when warrant is converted at 0.16, operator will dump the share till 0.20 first before warrant holders are able to sell their converted shares.
Ppmaster 3. You are finally right to sell @ 0.31, but bought back @ 0.16 and 0.24, giving you average price of 0.24, its warrant has dropped to 0.05, giving 15% discount and get you are not alerted something fishy.
Ppmaster, you may not like my comment, but please be a smart investor. Even MACPIE share price plunging to 0.095, l manage to make good profit. I am accumulating from 0.095, and share drop 88% or more, it's time to buy, you are buying from those who are selling huge losses, their blood and tear. hehehe
Who want to cover the lose from this counter. If you still have capital, you can try permaju , i already pump in more than RM 3m at mother price range 0.14 - 0.19 and son price range 0.085 - 0.10.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Swift Energy Technology Berhad, an industrial automation and power systems provider, aims to list on the ACE Market!
MQ Trader 3307 views | 2 d ago
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
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....
Steady Punpipi
7,570 posts
Posted by Steady Punpipi > 2021-04-09 15:16 | Report Abuse
Many lose money here ....so who has been making money ?