Penny stock all very silent lately.. sudah kena yellow card.

Inari.. back on track

Edit : collapse back.. 

Do we have 金马奖 award for LYN?

You truly deserved it.

One thing I notice is many here have a tendency to base their investments on actual real life observations.
They see a business or a product, they see it well sold, they tend assume the company is a good investment.
Or they deal business with a plc, they assume the company is a good investment based on their observation (like payments/purchases etc)
Or they have a relative in a plc or they actually know the ceo, they assume the company is a good investment.

Sometimes it works but sometimes it won't.
Which means this isn't a fail proof strategy.

Why? Because one is basically judging a book by its cover.   
What we see must be backed by financial numbers.
Like said yesterday, sometimes we can see a good business.
But that good business might not as be as profitable as it looks.
For instance, some good looking might be highly leveraged.
We can only see this by looking at its numbers.
Or we can see a good business, good profit too....
but whatever good is hindered by simple issues like EPS, making the stock investment highly expensive....
or sometimes there could huge mitigation lawsuits against the company we might not know unless we read the financials....
or even sometimes the business and good profit we see, is one without any growth... ie... year in year out, company profit is just constant and from market pro view point, such company's profits is unattractive due to the lack of growth......

better stop here........ for now..... 

Yeah, I should start write a blog on how to sell popiahs.

On second thoughts, maybe I should become a stock salesman.

You want to promote stocks, that's a business la....

You want to make big money!   

Sending people to holland?
Siao ah?
That's bad for business yo!

So what type of popiah do you like?

Which Uncle Chow?

He's the one that gives me stock tips. 

depends on market esp dow jones 1 wor

perisai got contract then start fly dy

spring onion

Some interesting to see.....

Remember or have you heard one of the popular thinking/saying/teaching in the market is to 'buy stocks at their support'?

Take a look at the zoomed in XDL chart.



Does the XDL chart shows it had form a 'good' support around 23 / 24 sen?

Stock held firm that position for slightly more than 10 trading days.

That would easily viewed as a support, yes?

Look at what happens next.



See the positive movement on 24/4 and the surge in volume?

Breakout from 'strong' support, riding on good volume...
Some more... they might use the comparison (personally I don't like such comparisons) of recent high vs current price, where the recent high was 44 sen vs price of 23 sen. Big discount wor....
Many would buy the stock.... 
Right?

People who had bought at the support or bought at the breakout of the support would be grinning ear to ear.

However....   

this is what happens next....



Stock breakout turns out to be a trap... 
And the 23/24 sen 'support' did not even hold....
Stock hit a low of 20.5 sen..... 

Point?
Buying at supports is not a 100% sure win strategy..... 

Overall, the XDL chart is not looking nice.

In fact, some might even describe this as a head and shoulders chart pattern.

I have been reading your post from time to time.  Unless u want to invest for long term, otherwise, it is time for u to swim out to the bigger ocean like hk or US already.

Thanks for the advice!

200m in first 30minutes...

Should you fear when everyone greed?

Some of you may be interested in this new paper which supports momentum investing:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2435323

.... and what is interesting about it?

Not my business. Boss punya ....

We hire kuli at 1.8 

Free to fesbuk, utiub 

Must be pretty girl

7.8% p.a.

Dividends alone sure cannot cover, highest yield I can find from HEKTAR also 6%++ only

If dividends PLUS capital gain, yes, but...sure win meh?