Like I said before, in my opinion, PDZ was very much speculative due to new owner issue and the acquisition.
Will it move back again?
At this moment of time, there isn't much fundamental reasons to attract buyers based on current info available.
Being patience is important in the stock market.
HOWEVER, you have to be patience for ALL the right reasons.
You have to be patience to wait to buy the right stock.
You have to be patience to wait for that stock you bought to grow the profits for you.
What you do NOT WANT to do, is to wait and hope that the market correct your initial wrong trading entry.
If this wasn't trading, do you think TIME CAN CORRECT A MISTAKE?
A mistake is a mistake.
In trading, if you make a mistake, the only thing to do is to correct your mistake.
Holding and hoping in the future, the stock moves back up and correct your mistake is the worst thing you can do.
Own up to the mistake. Cut your position.
That said, the beginner traders will always be confused.....................
Yes, the market can be so irrational with all those goreng gang around........
Any lousy stocks with no fundamentals also can move sky high......
To play the goreng game?
Well.... it's worst than gambling.... cos your future depends more on what the cook do.
Greed is not bad.
Greed is good.
Yes, greed is good but you must know what you are doing.
You need to know fundamentals.
If you know fundamentals, then you know which trading position, you should be greedy on and what you should not.
Selling too soon just cos you afraid it will fall if you do not sell.... just only means the trader do not know what they are doing.
Buying a stock is an art itself.
Selling a stock is also an art itself.
You need to sell and buy a stock for the right reasons.
Once you do so, then all these issues will not be an issue anymore.
Yeah... sometimes.... even after the trader does everything correct, this issue will still happen to the very best traders.
Stocks can still go up higher after they sell.
It happens.
But trust me, the good traders never allow this issue to bother them.