The non payroll farm triggered such of an event that caused stocks worldwide to plunge...It caused this stock to fall at such depth leading to the inevitable margin call for the ceo... assuming incoming quarters aren't good...the current price is already at almost bottom rank....it remains to be seen the eventual rebound there after..
Still holding a substantial shares in this counter at a very much higher price. Not opting out since the industry is of my choice and company doing pretty well. Wll buy more as I expect this shares to rebound and go North
Why? Margin call is for retailers. Before IPO not Ms Tee family own 100% CEB? If left 11% not meaning her family sold 89%? Even at avg 50 sen selling price Ms Tee family can get > RM 440 million cash why can say boss no money?
A stock will not go down forever rmb that. Those who bought now and with great holding power have nothing to worry. Once the dust is settled you will be greatly rewarded.
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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....
Jetstream
47 posts
Posted by Jetstream > 1 month ago | Report Abuse
Very smart...sell just before lunch break.