I'm thinking situational play is in the making. MAS has to close higher to attract people. 5-7 June are very crucial. If people looking to dump the RI for fast money, we'll see 0.32 very soon. My 2 cents..
I'll go shopping again if it drops to 30~31 tomorrow. There is no need to evaluate any fundamental at this moment... Only driven by market sentiment, fear, greed, cut-loss, average-low, etc.
@ charity - depends which stocks you are buying, but you are right, if your goal is to buy and sell, buy and sell, it is all playing with fire and greed.
clob1997 is correct, there is no need to evaluate fundamental because MAS is a rotten company, everything is driven by market sentiment that is precisely playing with fire. Remember if you lose or make profit on MAS, remember it is someone else in this post that took your gain or losses.
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....
Ven Felix
2,182 posts
Posted by Ven Felix > 2013-06-04 15:41 | Report Abuse
What's the plan for MAS after today ? I like to pick it at $0.32 tomorrow for short term.