Many would have lost alot in this market sentiment, they will have to give up bad stocks, stick belong to loos making company, and they will keep or buy other stock like Huaan. So the rebound will be faster once market uncertainty is settle down a bit. Hold is the key.
I agreed with Betta that Huaan is still fundamentally strong as the company is making profits all year long in 2017, and the momentum should continue in 2018 so long coke and steel demands are there.
I have been collecting and hold for another flying high time of Huaan!!! :-)
By now, QR results are completely forgotten, sell off continue for the 8 days straight, we need Huaan to assure us that his business is not gonna be largely impacted by neither steel tariff or steel cut, and we need Huaan to confirm that China tax cut can be beneficial to Huaan earning.
HUAAN is fundamentally sound but market sentiment is fragile. So better average down slowly, don't use up all your bullets. Still more than 2 months away from the next QR. We never know what's going to happen.
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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....
Betta68
2,300 posts
Posted by Betta68 > 2018-03-07 16:10 | Report Abuse
Many would have lost alot in this market sentiment, they will have to give up bad stocks, stick belong to loos making company, and they will keep or buy other stock like Huaan. So the rebound will be faster once market uncertainty is settle down a bit. Hold is the key.