reason is simple. all oil n gas sector as a whole has been beaten down to the assumption they are either dead in 2 yrs, or dead next month.
yes oil is dropping everyday. ask yourself can oil drop to zero? it has drop to half price now. its a matter of time oil recover above 100. history is your best reference. check it out what happen when oil drop from 145 to 30 in 2008 suprime? they recovered to above 100 within a short period.
yes all can come and scold me now.
Optimuss, mind to share your strategy to accumulate down? 10% fund each time and average down every 10% drop? am thinking of accumulating umwog/Skpetrol, maybe perisai. tq :)
Cyborg, even CI drops abt 10%+ from it's peak, lots of co dropped 50-60% from their peaks, some dropped 70-80% from their peaks in a matter of 3-4 months...I think some are good buys oredi...will it drop another 10-20%? I wouldn't know...I never wish to buy at lowest and sell at highest...but at these levels, some are really good bargains...
i know who la. but everyone must respect fortunebullz bcos he is really oil bird in stock mkt. he may not be right and conflict some times. but how often u get old bird wanna talk here n i3 where most participant are so combative?
Ha! Haix! No mood to fight! Peace! Final message, if you right, make money, no point trying to justify wrong even how right it sounds! Over and out to you Optimuss! Have a cheer day!
sumatec 23.0+5c, 28% pdz 14.5+3c, 26% armada 1.08+4c, +3.8% perisai, 43.5c, +8.8% knm 44.5c +2c, 4.7% sona-w 12.5, 14% daya 16.5, 6.4% thh 30.0 5.2% alam 58+3.5, 6.4%
klci? 1682+8pts. 0.48%
Answer! In stock market, if you are right, you make the money! If you are wrong, not only you lose money but you should just admit you wrong and shut up! And in this case Optimuss is right! Now, i want to stop posting but just to remind those abusive members to shut up and listen! But a little advise to my bro Optimus, you don't have to whack any senior since you are now in a league of sifus! Continue you contributions! I am silent reader from now on! Please take good care of my cat Leno! Be gentle with this whacky cat!
optimuss is so humble...until now he hasn't come out to take credit... you ppls go count how much % gain since he recommended oil n gas as a whole sector.
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Posted by optimuss > 2014-12-16 19:07 | Report Abuse
reason is simple. all oil n gas sector as a whole has been beaten down to the assumption they are either dead in 2 yrs, or dead next month. yes oil is dropping everyday. ask yourself can oil drop to zero? it has drop to half price now. its a matter of time oil recover above 100. history is your best reference. check it out what happen when oil drop from 145 to 30 in 2008 suprime? they recovered to above 100 within a short period. yes all can come and scold me now.