ringgit drop benefit pantech. their indo profit will count on USD. the prospect still promising.buy some while market drop.after Fed Meeting, market will rebound.
Thanks Hobson64....I take that as a compliment...The good thing about Pantech is that most contra players already exit ....therefore so it will be easier to push up the price on the next wave....I have seen this pattern since 0.85 before jumping in at 0.9...Correction is normal...timing and holding power bro...
Steve,just hold it.i'm always buy stock for short-medium (1-3 months) and qtrly review the performance of stock.FA (PE<15,ROE>15,profit growth rate continuous at least 3 years,prospect of business & quality of management). During bearish time,TA won't work, nobody know the price drop until which level.
Steve, my cost was 0.85 and I sold it @ 1.03, I am pissed because I should have sold it when it was at higher price. It's not so easy to get the right timing.
Jyen, you are better off than many of us, come on, i m more than proud of your patience. There is a saying, patience is the essence, in this respect, you have achieved that.
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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....
rchi
20,945 posts
Posted by rchi > 2013-07-31 09:42 | Report Abuse
Very negative news yet still support 1.02 as usual,excellent!