Scenario 3: when it return to retest breakout point 0.675, the retest fails, i.e. it drops lower than 0.675. Then you run for yr life. Game over, it will go below 0.60.
@r88 so how is your prediction for cnergen, sfptech? Where is the crash you shouting all this while?
No need to use fancy jargon scenario this and that, You just a fancy bull$hitter. Not as good as you think you are. Make so many guesses, even a fool will be right sometimes.
As a friend arr pang, i advise you one last time. Move away from all these speculative get rich quick hot stocks. You make 1 dollar, you lose 2 dollars.
Go back to basic. Invest longer term by buying to own based on prospects of balance sheet.
All these newly listed hot stocks are taik companies. Small revenues, small profit. Its price bubble all around. Once popped, you are dead.
PE = 62 Ha ha ha ha ha ha...i laughed until shit came out...
Qtr earning = 0.34 cent (less than 1 cent....ha ha ha ha ha...more shit came out..)
Annualised = 0.34 x 4 = 1.36
Current price = 0.845
P/E = 84.5/1.36 = 62
Fair value PE 40 and below: 1.36 x 40 = 0.55
Fair value = 0.55 and below
Ha ha ha ha ha....no pain, dont go looking for pain arr...you will vomit blood...because 40 PE is still damn high...i.e. it will stabilise well below 0.55...
Rr88 must be one of the worse 'sifu' in i3. One day when the market finally corrects, he will shout "i told you so" when 99% of the time he is so lousy in prediction.
You should check in on some of those fields below.
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