I have huge paper loss too, be realistic, theres no way the glove stocks will rebound to your entry price any time soon. The only thing u could hope for is the glove stocks drop to their baseline. By spending merely RM30000 to buy careplus less than RM1, u could easily average down your entry price to level 1 or 2. Then hold and wait till winter. There's the only reasonable choice u have now. https://www.stockrants.com/average-cost-calculator
you guys are babies in investing....thats why u guys cannot become warren buffet....buffet only picks stocks on fundamentals that makes sense...all this while robinhooders were buying glove stock with only 1 quarterly result for all the glove company and also IB ratings.....which is to be honest- bullshit....after this...all robinhooders will be out and IBS will actually come in....remember moratorium is ending 31st sept....so relax and buy at dip...robinhooders will be out forever after this fall which is good...perfect timing...strong fundamentals, intelligent people talking and actually great value in investing unlike those days...buy now and then sel llater because of idiot investing gurus....so many shit group trying to be investing GURUS....paktua,kimsstockgroup(telegram) ,target klse(telegram and etc...all bullshit..i watched from the sidelines only...now i have put money...been doing this 10 years and counting....chill guys..
The glove stock will rebound sooner or later, dont worry. Glove stocks drop because all the glove CEO parties are selling the shares to get more cash, in order to produce and set up extra production lines for the crazy demands of gloves. Once they got enough cash, big 4 and small 3 glove companies will come to an agreement to stop selling in their whatapps group, thats the time u see the glove stock stop dropping. By that time, everything will rebound because these companies need to recollect more money for future use. Remember, companies with good fundamental with rising and crashing stocks mostly are all done by themselves. (Insider news)
Hong Leong Investment Bank (HLIB) Research warned of “more pains ahead” for the local bourse as it goes on an extended consolidation.
Waning sentiment, disappointing quarterly corporate earnings and the fear of an impending global stock market correction led to the FBM KLCI’s continued downtrend since end-July.
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....
kory1310
127 posts
Posted by kory1310 > 2020-09-10 22:11 | Report Abuse
Where is KYY or @calvintaneng now i need some reassurances from them :)