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...

i remember one lesson is not to buy breakouts in a bear market.

What do you think caused MI to breakout recently? Couldn't find any announcements that caused such bullishness. The rebound of Nasdaq?

Unlike the strong profit growth of UWC, MI doesnt seem to have consistent strong earnings improvement.

What lesson is that??????

How many breakouts did UWC have recently?

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

ah Boon3 bro.... blobs are everywhere at every market... the question is did you buy any there... hahaha

actually bursa got plenty nice counters for traders... but got one guy keep complaining he can't make money... lol...

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...

Boon gor, think this imaspro due to hike of fertilizer price since March (Ukraine invade).

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


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

That is the beauty of it

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.

This one Datuk Yu's counter. All his counters, he like to goreng.

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

Nope, I didn't disagree. In fact, I agree , lol. The previous post was a warning actually.

If not mistaken, got 2 more counters related to the Yu's family. One is YNH property another one is under the Tech / Industrial, couldn't recall the name.

vol divergence = looking for suckers...