Don't Put ALL YOUR EGGS IN MESDAQ STOCKs
STI received a comment said swap the megan into potential high grow mesdaq counter, hahaha This is one of the experience I want to share with all before depart for long weekend.
Do you still remember, OPCOM, AKNMSG,REDTONES......If you are in mesdaq few year ago, when this counters share up sharply (almost 5 to 10 time compared to current price) All analysts or stocks expert keep calling "BUY" "BUY" .......
As per today AKNTEC, left 20 cent compared to higher about RM 4 per share, all my goodness is 20 time lower than now. and so on. I sale my akn tec when it drop to 90 cent or low. CUT LOSS, if not cut, i wll incurred another heavy loss. But stupid still keep the opcom until today.
Where is the analysts to call " buy" "buy" .. from daily newspaper, the edge and so many forum like to discuss about it. Now where are they now? This is market Trend to up certain industries. and later back to their own fundamental. Today I also saw many call for buy mesdaq counter. Does any % will success to grow to be strong to fight in oversea market. Tell you won't more than 5% or even less in few year later. Today MTOUCHE, GREENPACKET may high like hell, tell you. it may be drop like akntec 1 day. That we DONNO AND WE CANNOT TO PREDICT.
Why not we invest in certain counter with sure win or beat the market like I share with you the 15 point in my first posts. Invest in something uncertainty or you do not understand the whole. Just like gambling in Genting. WIN SMALL MONEY BETTER THAN LOST ALL YOUR CAPITAL.
lastly, HAPPY DEPPA-RAYA
1 Comments:
i think redtone is going down because its technology and business model get outdated. Its business bloomed because it offered cheap call rates but with the recent price wars among telcos and the advent of internet phones .. redtone's pricing becomes unattractive and wartel business becomes absolete.
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