the passion of collecting during stoch oversold 1.2, now already overbought and super high risk to enter eventhough a lot buy call for so called "uptrend". haha. clear position first and put on other a lot stoch oversold seabottom stock. thanks MI :)
Not so good earnings but PE is still low compared to others. As most of the tech company are reporting bad earnings, this is considered OK. But it is now overbought due to panic buy and also lack of good tech companies to buy.
Posted by NatsukoMishima > 1 hour ago | Report Abuse U are the one who always talked bad about MI , now face off already ??? Ha ha
LOL. most of the investor still way below their average price. what r u talking about. refer to previous post where i include the chart. previously during down trend dunno who keep yelling up trend and ask other to buy leh?? u tell me. HA HA
Sifu buys first -> Then declare to paid members -> Then declare to public.
PE shoots from 20 to 100. Then lack of catalyst. Declare sell flag to paid members. Keep quiet from public. PE drops from 100 back to 20. Repeat the cycle again.
Sifu always make money. Biggest threat to retail investors are always those sifus.
@Phoebe, sifu in general. You can find a lots of them in Facebook and Telegram. Only subscribed members can get the first batch info. They push using the tactic above without the knowledge of the public. Not all sifus are like that, some are more ethical such as those who advise you to study the financial background of a company.
Many others will say "buy tech stocks! the more pricey one the better!" "pandemic caused a boom in tech gears!", when the pandemic retreated they did not yell "sell tech stocks, as tech gear demand is falling".
They just want you to buy to heat up certain stocks/sectors despite the PE is already very high. They usually sell you an indicator called MCDX claiming it is the tool to look at sharks/whales volume. Actually it is just another momentum indicator disguised as valuable insider info. If you chase using momentum indicator, the market will see sharp surge and fall. Those sifus are killing the market these days. They earned subscription fees as well as capital gains by spreading false info.
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....
tts752
111 posts
Posted by tts752 > 2023-02-23 11:19 | Report Abuse
wooo, regret to sell so early