Their strategy have problem, they can't event encounter illegal cigarette ... its is OK, but the electronic cigarette .. the others company already launch for years... now only they plan to do so??? I doubt~
I know a lot of ppl members here fall in love in Stocks...
But I more prefer fall in love in $$$.....................
Buying & Selling stocks not so important nowadays, is depending on what is the risk you can accept with right time to bet individual stock to earn some handsome profit.....
Perhaps some will feel that within a month can earn 10% net profit on your betting stock...
Perhaps some will feel that within a quarter can earn 10% net profit on your betting stock...
Perhaps some will feel that within a year can earn 10% net profit on your betting stock...
I always bear in mind, what kinds of risk you can accept...how far the risk you can bet...
I wouldn't care what is the future (assuming next 12 months or 12 years) of this company....
More important within 6 months what can this share performance to do of this company....
Honestly speaking, I will not bet & keep for more than 6 months for current situation....
This is not the right time to keep for long term unless you have huge capital to leverage lower & lower....
If you pass through 1997 Asian Economic Crisis, 2001 Tech Bubbel, 2003 SAR unprecedented Crisis,& 2008 US subprime Crisis.....
Are you willing to bet for long term at this moment !!!!
Now all global market betting higher & higher by betting HOPE on more stimulus package...cutting rate..."Printing More Money"....to avoid economic downturn....
Perhaps 1 day the real crisis come, you think this company can defense share price drop !!!
Perhaps 1 day the real crisis come, you think all heavy weight Bluechip counters can defense share price drop !!!
Don't forget, global market are HUMAN MONEY GAME market.....
I always highlight...highlight...& highlight...to my surrounding friends participating this violence & fierce "Shark & Crocodile" Human Money Game Market....
~~~~~~Don't Hope Too Much in This Market...Hope Become Your Killer~~~~~~
Downtrend means drop lot morning then slowly rebound afternoon. Some members will start to buy during afternoon period. Then around 4pm, drop back to lowest cheers
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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....
Pyh96
603 posts
Posted by Pyh96 > 2019-07-29 16:35 | Report Abuse
Waiting for technical rebound .