Opportunity to buy on the cheap? Seems big boys are sidelined while smaller players are selling down today despite US market re-bounce. How low can it go?
dalpinia: Wake up all!!! Fair PE for gloves are 15-20 the most, no more look at forward PE, the glove price will goes down as normal very soon. Many smart investors already earned enough from March (RM1.3-1.7 to RM 20 before ex, supermx case). What do you think they still stick forever with gloves?????? Think it over again seriously!!! 09/09/2020 5:40 PM
if u wanna be rich u have to play big, if you dont do your research and analysis correctly, you will get burnt. You have to ask yourself what do i do when the markets are down. If you feel that the company you bought doesnt seem right, just cut loss and walk away. But if you know covid cases are rising, vaccine trials are literally a hoax for pharma companies, winter is coming and glove profit is on a rocket mission to the moon in the next 1 -2 years. What do you have to lose? Wanna play big to earn big but ofcourse have to be willing to lose that money if it goes the other way.
There are 2 ways looking at price fall. The 1st is when price falls with high vol, it means heavy scary sell. The world collapsing. On the other hand, who is buying ? So the 2nd is when price falls, its accumulated by happy super strong hands provided the stock is fundamentally good.
don't care and listen to anyone...just all in to average down when low...i dont think it is the end of the world
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Posted by Sansing > 2020-09-10 10:05 | Report Abuse
Beware! might drop 3.30 loh!