This counter dropped more than 40% over the past 2 months due to unwarranted fear. High feed cost and low egg price in Q2 are expected to gradually recover in Q3 and Q4. What more, this counter starts to get a lot of attention and a lot of people are eyeing it, waiting for rebound. Now, many people are just waiting for the technical to turn bullish and then it will be panic buying.
Tesco has 50% discount, you get excited go and sapu groceries. If they mark up 50%, for sure you curse until father/mother cannot recognise and won't buy any.
But, when it comes to stock, some people do the opposite. The real sorchais are people who buy when price goes up and sell when price goes down.
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....
Jeff88
42 posts
Posted by Jeff88 > 2018-09-03 11:21 | Report Abuse
Funny scenario that i observed.. ppl always manage to buy at lowest daily price and sell at highest daily price.. hahaha..