The more good news , the more it drop or stay them, that's why value trap, if IB can follow, then you already Holland, who dont know the value of this stock ?
when I bought hibi at 0.625 back in september, then the oil price was 40 but now... oil price have shot up at 61..hibi is lower than 625..utterly nonsense..
Smart investors see opportunities to collect if there is any share price retracement! Ordinary investors dream and admire their “ideology” of everything is a value trap and miss the opportunity to collect and win big. Fit to say, 99% of investors are loser, only 1% are the winners in the share market!
If u sell 65 and buy back later since last year, mostly u already got 50percent profit .But iF u just hold and do nothing, maybe few days later u back to square one.
ongth60 holding at 0.80 price.. This price seem like u bought it before Covid 2020.. bro.. i hope u are ok. but if u know how to average down. every month buy a few... actually u already can average down the whole year.
If I am not mistaken crude is sold in the futures market. Hibiscus and other oil companies would have sold their production output for the next few months already at a price which was lower a few months back. Going forward they will sell at a higher price. We will not see immediate share price response to crude oil price increase. Hopefully in the coming months if crude oil price can sustain then we should see hibiscus price start to move much higher. Have to be patient.
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apple168
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Posted by apple168 > 2021-02-09 14:42 | Report Abuse
Hibiscus Shares Price Prediction
Monday 0.64
Tuesday 0.7+
Wednesday 0.8+
Thursday 0.9+
Brent oil price in bullish trend, now USD 61.22!
元气满满,Moo Moo 哒!
大家一路发哟!