@angelinvestor9898 at first im abit skeptical about your prediction hahaha and now seems you have good vision. Happy to see you here and envy u have a very good source as well haha
@beng970804 Don't despair. Life is about ups and downs. Everyone is learning including the sifus. Don't treat it as a failure and you will be fine. As I said, its a business, your loss is someones gain. One day it will be the other way round if you learn.
ooo..save ..it will go down...like already sell at 2.10. I was planning to hold this bt get idea from Money life research to sell at this point did it...will see the result.
the cause of all these are the retail investors ... no holding power. once funds dump their shares, retail should hold not dump after the institutional funds. otherwise, it will turn into massive losing rout...
now it is a race to the bottom. panic sell. no one is holding and no one dares to buy not knowing what is the bottomless pit. would you buy at 2.10 today when tomorrow it may drop again to 1.80 ? of course not. so now, everyone is waiting. Funds are waiting to re-enter at low.
@thestockoracle In theory you are right. Practically, its impossible for retailers to hold as majority of them probably invested (or gambled) their savings away. Not many retailers have deep pockets like some. To see a stampede heading your way, only Superman will dare to stand in front, because he can. Unfortunately, many investors here are mere mortals.
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....
strattegist
23,459 posts
Posted by strattegist > 2020-09-10 11:20 | Report Abuse
red