... blob-ing along.....






but... where's the meat? is there any beyond.... ?



This post has been edited by Boon3: Sep 8 2022, 10:59 AM

and yea this one...............






Bursa that bad meh?

Yeah.... I saw.............

Yeah.... and then there is MI



what a roll down the hill......

and yea,,,,




Nah.... I wouldn't. Pointless.

Bursa stocks that bad, meh?

comeon.......

Here's another one.....

Msian tech stock that bad?




Yeah... it did died-ed start of the year... but...

What lesson is that??????

How many breakouts did UWC have recently?

MI? Aiyooo... my last sentence le...

Yup... all kind of shit out there...

just remember... we can only trade what we can... there's plenty of them that we just need to say 'So what.'





don't ask... I also don't want to know...

Thanks but I did say I don't want to know.


In stock markets, many times, pigs do fly.......

Lol!

Is okay. Your right of choice. And yup, I shall respect that.


But yea.. . do remember my choice as stated was... 'so what' and 'I don't want to know'.

LOL!!

Ironically this indeed is the beauty of the stock markets.

Sorry ... but ... 'so what?'


I know... I know... that is such a rude reply but I did say 'so what'... and I reserve to hold my own preference and opinion.

Let me explain why...


1) There are so many Datuk Datuk(s) ..... and more in terms of percentage in Bursa stocks. How many listed stocks that hasn't got a Datuk involved? (not to disrespect this Datuk Yu)...

2) Some even got some Tan Sri. Yes? Do billion dollar share buy backs. Buy hundreds and hundreds of millions of own share purchases. End story, how?

3) Look at that Musky bugger. Mouth say one thing but his actions say another.

How to follow all? Look at Charlie Munger and his investment in Alibaba. Yup, he's legend investor. Huge respect for him but as terror as he is, he's only human and he can make mistakes. Wanna count the millions and millions he is losing in his Baba investment?


So I learned it do it my way. My money. My Way. If die also I wanna die it my way. Certainly do not want to follow others die. That's my way, ya.

And in the stock market, there's no place for having idols etc etc.... it's a no-no....

and mee mamak goreng is nice to eat. that's all.



Next.... Ima itself.

Take a look at the stock spread la... it's always very wide.

see the closing...



The traded volume for today is only 6,200 shares....

I don't know how to trade such stocks. Do you?

Which is why ... my other phrase 'I don't want to know'.

See the chart posted YESterday again...



See? Where's the volume? There's almost none... and the stock is going up and up and up....



This is certainly not a stock that I want to be involved in.

And of course, the lack of volume, can be easily explained by the fact the number of shares is extremely small.


Now of course (do I really need to say it out loud) due to the extreme small float, the shares of course can be pushed ..... which way .... again... I do not wish to know. And if it goes up, it goes up. If it crashes down, it crashes down... again .. I have no interest cause I simply do not want to take the risk in such a stock.

I might be a trader but I do not simply gamble with any stocks...............



I know many would disagree. They see a hot stock. And because the stock is hot, they feel it is a must to bet on the hot stock. Well go ahead... just excuse me if I don't join the party.



This post has been edited by Boon3: Sep 13 2022, 06:10 PM

Here is something to ponder....Bursa down yesterday. (while others regionally up), . then later Dow muntah....

Errr..

Not much thoughts as the stock has been holding on real strong all these while (ie past few months)

And on the wide spread on Ima again....



I certainly dunno how....


yeah....some1 once told me... wide stock spread is not that bug deal... cos once the stock gets hot the spread will narrow...

I would agree but... when the stock is hot... how sure will we know that it is in our favour? Falling down fast (is also a variation of a hot stock.... )

me thinks la.... last nite, Dow was following us.







so far.... I see some sort of strength hor... buyers were more aggressive on the hot stocks (on what was supposed to be a die day) .... many opened gap down, then buyers were seen pushing the stocks back higher, limiting losses.

They just don't get it...

If they had bought correctly, the need of averaging down will never come up at all.

Never.

Buying correctly solves all these nonsensical issues.

This post has been edited by Boon3: Sep 14 2022, 03:57 PM

Sorry not interested to see.