Fund managers playing short are very happy everyday. As the price drops everyday, they make more. So everyday they will come here to scream the worst scenerio, nonstop. Do you think people with no interest will be here everyday to comment?
It drops also because of short selling by fund syndicates, they make money when prices go down, same with many shares in Bursa. Even Hibiscus done great qr also suffer same fate. Almost 90% of all shares in Bursa dropped for the past 1-2years with no recovery, unlike other countries. With foreign fund selling and local institutes also dumping, it left with pirate funds to play short in this market. It is not just HY with lousy qr, even petronm also dropped bad when result is good. Same with other commodities stock, even as the CPO price is up, the stock prices still going down . Like the country run by pirates, the market also run by fund pirates.
Cant do much those stuck at the highest. New batch can come in to pounce on the those unfortunates especially inexperience little pumper and dumpster who have cost so much pain and no accountability or whatsoever. Get ready the stop loss 10% investment capital to earn the 8-12% for short technical rebound if any. Welcome to the commodities play. A stock sudden react in tandem with world market mover and perception aint fundamental. Hiapteck similarities. Steel vs Oil. Observe the stock volume and Bursa value as well. Set your investment right and your gain is someone loss. Catch the short and sweet technical if the big boys are kind enough.
As said earlier, to buy cyclical stock, timing is important. Just wait patience till Aug to monitor whether oil and crack spread can sustain at elevated level before buyin to reduce holding risk.
A good example is MSC, tin price tumble just 2 week before Q result, despite post good result, but share price cut half from RM 5 to RM 2.5, as market look forward.
Analysis may be good but not good enough if market is slaughtered. The whole Bursa is pathetic, cannot get foreign funds to invest in and the people running the show is busy enriching themselves.
Posting constant, day and night positive factual and comment disregard the potential downside is a form of ' buying call '. Posting one sided and regular bias stock company news and positive figures at the peak is even worse. Again we need victims to lay the buying foundation or else how we make money from you. The stock price plunged and this is not just a small correction. Praise when it's due and bash all you want when it turned ugly . All type off crooks here.
Probability already suffer in supermax, harta, now continue his motive to calculate again in hengyuan. That why he deserve to get backfire after backfire.
As said earlier, to buy cyclical stock, timing is important.
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....
ljmeng
830 posts
Posted by ljmeng > 2022-06-20 09:29 | Report Abuse
OR CUTLOSE 17CENTS PER SHARE NOW????