Please do not have a big position in a stock if you don't have safety margin. Example if you buy big at 0.29 and share drop to 0.20. You will be wiped out.
But if you buy 0.29 and the share increase to 0.40. You can always buy more because your initial cost is 0.29. Your average cost is still lower than 0.40. You have safety margin.
This rule applies more after a share has gone up in price. For example if komark goes back up to 0.70, those people who have not bought komark, do not buy big at 0.70. Because again if drop back to 0.29, these people will be wipe out because their cost is 0.70. No safety margin.
Komark i may be optimitic but you never now, it may reach 0.05. That is 5 cents. Readers please think about it carefully. Then rebounding back to 0.70. I am off to new shares for now. Cheers everyone.
Saudee chart looks very similar to dataprep. Now saudee is past 1.00. Share price movement will very explosive. If sharks are in it, you can bet 2.00 to 3.00 is easily achieavable. Now with right issue and free warrants to be finalised in a board meeting on 26/3/21.
Seriously not understand this stock. 5, 8 & 16 march share vol change hand more than half from total issues share..no anouncement substantial shareholder sell share..so who buy & sell? Con ? Operator? Manipulator? Or retailers? Retailers not much interested in komark...
If komark delay the announcement,either bad or good news,SC should serious investigate this manipulation of share vol change hand..(more than 250mil vol)!!
See i said 0.23 coming soon. That is why i never bother to average down. I wait for 0.23. The next level is 0.12. Even though my cost is 0.69. I never buy any new komark shares.
Stock: [KOMARK]: KOMARKCORP BHD
Mar 9, 2021 7:07 PM | Report Abuse
24th june last year price was 0.23 support. See google 1 year chart.
Last friday drop 0.17 Monday drop 0.105 Today up 0.005. Closing at 0.335. Seems selling stopped.
I already have shares at 0.69. No way i buy at 0.335. Because i got shares already i will wait for a tempting price like 0.23 support.
Rest of you want to buy or sell or average down, it is up to you. Remember it is your money.
That is why i told you all not to buy big at 0.33. What If it drop & drop. Next support is at 0.23 follow by 0.12 see google komark 1 year chart for reference.
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MQ Trader 3111 views | 3 d ago
0:17
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merhaba88
38 posts
Posted by merhaba88 > 2021-03-19 16:18 | Report Abuse
Haiya...smart operator lorr.....people cut loss they happy bantai all below 0.30...bilis die hard