QUOTE(ravewar @ Oct 10 2008, 05:54 PM)
hehe....both of us have to thread carefully....
anyway, looks like PBB is really down today....
a question to all the sifoos/remisiers/etc...what's the lowest, from your opinions, would PBB hit?
the same goes to PBB01.
any speculations? any ballpark figures?
i'm hoping to pick it up again...as i like PBB....the interests and the stability...very good fundamentals...
It's a solid company as you pointed out. I suggested earlier that a small sell-off could lead to a large fall in price because trading volume is so low, which may explain what has happened.
My advice is not to think about buying at the lowest. Nobody here can tell you what the lowest could and experienced investors don't spend too much time thinking about what that would be. I could tell you $5, $6, $7... what's the difference? If you really want to invest in the financial sector now (many people don't), then decide your own fair price in this environment. Don't invest your capital all at once. If price goes below that, then buy some more and lower your average purchase cost. Forget about lowest and highest price and hypothetical profits, just aim to beat a benchmark. E.g. beat inflation, or FD rate, or mortgage borrowing cost, mutual fund average returns, etc... whatever your benchmark may be.