Put it this way lah...I am very season to this kind of situation...On the other note have you guys read about the downgrading by fitch in star newspaper...my opinion...not that bad lah.....For me it is a wake up call to Najib and his team to be more prudent in managing cost...
Please note that KLSE is still a bull market, all indexes are far .. I repeat far higher than 200 days SMA.
A correction in a bull market is a good sign, there is no market in the world is up all the times. A correction is good so that those miss up this stock have a chance to buy.
another sell down is coming. Better sell your share now when the price still at 1 mark. Price correction period just kick in and believe the price is going down very soon again.
S-Jero, i didn't accumulate any, no guts. volume is still small, Fund Managers are basically waiting at the sideline to throw....this morning they have not done any (ie.selling) yet but i predict soon.
to the forumners that are shouting to sell Pantech stocks....At the back of my mind....I am wondering how many blocks of Pantech shares did you all accumulate when the price was sliding down....
I m like OTB, chase when there is power. Look at our market, regional up reasonably but we are down, what if regional reverses? we are going to be even worse. In a nutshell, the health of our market is not good. This market is good for people like you, S-Jero.
S-Jero, i can't force you to trust my comments fully. By the way, my office is in Kota Damasara, i m helping my father in running the business of maid agency. If you are in the vicinity, please let me know.
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....
SANG-JERO
3,980 posts
Posted by SANG-JERO > 2013-08-01 09:24 | Report Abuse
Put it this way lah...I am very season to this kind of situation...On the other note have you guys read about the downgrading by fitch in star newspaper...my opinion...not that bad lah.....For me it is a wake up call to Najib and his team to be more prudent in managing cost...