I will hold on but if further drop will profit take first to be frank.. Bonus issue is a good news and shows company wants to reward shareholders.. But if keep dropping sure smth wrong.. My guess la.. But if this is just display of volatile I will for long term.. it's good for me.. World largest manufacture.. Try reading the SWOT analysis to see the strength.. Then u will see whether this company has moat or not..
Bonus issue for proven record company is 100% good news. Karex don't have such record yet. Today drop is just profit taking. If you think your heart cannot taken and cannot sleep at night, take your money and leave. :)
@Vincent Than, if you paper gain 40% since IPO, will you take profit? :) . 40% gain to big shark is a lot money and they need time to dispose their share.
choonhock, i have not even gain 10% LOL, i cant apply IPO.. yeap i bought caring and disposed of with 10% gain after it starts to fell.. I will dispose my stocks if it dips too low from recent highs eg 10%.. Better protect my profit than lose it haha..
hrmmm but how we know whether are the big sharks disposing or not? how we know whether a stock's drop has smth to do with profit taking?? And yeap both have same pattern.. If karex continue dropping i will dispose it if it hit my criteria of doing so haha would not want my emotion to control my earnings..
hehe if you dont mind me asking >< what logic is behind selling on news? is it bcoz of everyone go for it so big sharks throw and then we also follow throw??
game over ? Look like i had entered the game at the wrong time.... a lesson for a newbie.... I buy 1,000 units at 3.22.... Am i entitled for the bonus ? 500 ?
nevtrade, the entitlement date has not been decided yet.. Rule #1, dont believe what people say.. take that advice and judge yourself whether game over or not..
Thx member41 & Vincent Than.. Vincent seem like u r coping very well although u r newbie.... Any recommended website or book which can enhance newbie's knowledge ?
Vincent , I also bought Karex last week at 3.00 but sold two days ago at 3.25 , contra some gain . Now can buy back below 3. Actually I am not a contra player . Normally I will pick up for mid-term or longer term .
nevtrade, thank you for the compliment.. Its all thanks to those who had given advice to me.. ermmm there are tonnes of books to read oh ><.. the first book i read on stocks was regarding the basic of stocks such as what affects it and how to manage the risk.. basically its money management.. i bought 2 books which are Adam Khoo & Benny Lee's book. Following after that i learned the basic of money management along with some very basic chart + fundamental selection only then i move to how to read charts by Steve Nison's The Candlestick Course.. It is better still if you can attend free seminars and talks.. It will give u directions on what you dont understand and from there you move and research on it.. What im doing now is read up books at same time go through some of the forumers's past postings and see what they talk about.. if i dont understand i will find it through internet searches and see.. Hope this helps! =D
gao grats! i didnt manage to sell it at the peak because i wanna learn to hold it for long term but today sold it when too near my breakeven point.. I woke up late this morning and sold late.. T^T
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....
richcares
1,419 posts
Posted by richcares > 2013-11-19 14:45 | Report Abuse
better wait after bonus issue then buy