QUOTE(Boon3 @ Mar 14 2017, 08:18 PM)
LOL!!!
How la...
I so hate that quote.


Back to Kerbau.... oops got new brand name... IWCITY... hehe..
This stock went limit up how many times - in how many days?

I really wouldn't know how to play this....
Never ever my cuppa of tea...
Can really use buy when everyone is shitting in their pants when the stock went below 2.50 meh?
From the above chart... I dunno even know where to plan my exit plans if I went in at 2.50....
Anyway...
today's trading...

Do not think that this stock will limit up one more time, that's that. Limit down, maybe...
Anyway, although fundamentally this stock is a loss-making company, the theme at play is the future value. Like Armada and UMW earlier, who cares if they lose billions.

Most important here is the future valuation because what's done is done. Past is the past, it would not come back. Look at the present or better, the future.
Moving forward, let us look at more shares that unlock value. The other day UMW, was RM5, today as of this posting? RM6.13, quite grateful to join the ride.
Anyway, if looking at my RM2.50 entry, my stop loss would have been 15% less than RM2.50. Why is that? The future value is worth more than RM2.50, unless one is a contra holder, easily struck by fear, this is no problem. I am conservatively placing my TP of RM3-3.15 in my opinion, looking at few months worth of swing trading.
Disclaimer: Whatever I said above is actually BS, one should go and consult your remisiers because they know what to do..... or they don't....
This post has been edited by ILoveLalat.net: Mar 15 2017, 11:40 AM