Just wonder, is there any software or apps which can list out those oversold stocks?

Probability & statistics.

This is called evaluating your trading plan.

Boon.. 5210 ok boh?

TA wise ... kelong..
FA wise... over value..

But i think got chance to come back.. it stayed sideline too long (price no change since IPO ) + future growth is quite bright..

What do you think?

Disclaimer : Not holding. This stock is over value and TA is shot to hell and very potential coma stock. Any purchase will have high possibility for free ticket to holland.

This post has been edited by gark: Feb 18 2014, 01:20 PM

I've been reading some,

Cold eye's
Some local investment books (technical analysis)- KISS/Keep Investment Simple & Stupid
Warren Buffet's
local newspapers

websites -
investopedia
i3
bursa

annual reports too and their websites to understand the companies' biz.

Am I on the right track?

Local investment book so far i flip through is too basic... not enough uumph.

Try one up on wall street first... quite entertaining.

U can write a local book with enough uumph , I would be the first one to buy

But I do not know whether u are highly rewarded for the time spent on writing the book.....

No time to write book lah...

Not ok la.

Stock was way over valued when it was relisted.

Yes, future growth is indeed bright but looks like everything is priced in.

Furthermore... it's relisting was not too long ago only.
Not really going to be bothered with this stock for now.



No need put disclaimer la...
only one or two trouble makers here only.

Plus we just talk wind here and we are not any stock promoters.

Ya ya... talking only... just that somehow this stock looks interesting.... need to dig dig further...

Two books for you to read.

Reminiscences of a stock operator and How To Make Money In Stocks.

Stay away from local books.
Not much help and they tend to follow what is written by others.

Local newspapers?
A lot of articles are written to promote stock.
Very misleading at times.

Warren Buffett stuff is nice to read but do know that a lot of stuff he does, will not apply to you.

This one is something like IOIP.

Let it kelong lor.... hehe

3 years since IPO still not kelong yet....

No suggestion but some 3 sen opinion...

Stocks can easily be oversold for a long time and it's never easy to catch when they will rebound exactly.

And not all oversold stock will rebound and have a fairy tale ending.

Example:
AirAsia. When it crashed from 290+-, it went oversold for a long time....
Hit the low of 220+- ...
Then it rebounded...
But the rebound was just to 240+-...
Since then... stock is just here and there....up and down a bit.. not going anyhere....

Would one have catch the exact bottom of AirAsia this round?
When it rebounded... how profitable was the play?
Is this good enough for you?

Is this an ideal strategy?

Or is it simply better to try to find winners?
For instance, when AirAsia was 290+ before it crashed (Oct 2013), a stock like CBIP was trading at around 280+-.
Guess the price of CBIP today?

Isn't it better and more rewarding to find winners like CBIP?



This post has been edited by Boon3: Feb 18 2014, 02:01 PM

yes, please share the next winner

Got 3 years jor meh?

Ok... digging out the chart .... FOR THE FIRST TIME......



Errr.... I am clueless how to play such chart.

Hehe this is classic coma chart.. 3 years not much movement one...

This post has been edited by gark: Feb 18 2014, 01:46 PM

..... and it has 2.931 BILLION shares.

How many KTL clones is required to fry this mama up 50 sen?

Heavy mama ...

boon3 i never counted that wor...no wonder u make money. u r counting the highest possibilities to earn the highest amount of $$