Title

Category

Others Stock

[LIONDIV] help

anyone help? disillusioned of the stock trend. bought at 0.52. any advised.
reply
What was your game plan? What are your thoughts now?

Purely from the charts, price actions in the short term will continue to have a bearish bias as price are in a down trend. Though it has come down some way now and will most probably be consolidating sideways now before giving further indication of possible reversal or continuation.
reply
frank. i have no plan because i'm new in stock trading. i bought this stocks due to rumours. i wonder at tis current price is considered as heavy loss or should i make a sell to cut more losses or to wait for a possibility rebound in not so long term because i-m a moderate temperament investor. thanks for your concern and reply.
reply
Well.. there's always something new every day. Aren't we all still learning?

I suppose since you didn't really have a rationale and game plan going into this trade, only you can decide how best to manage your capital.

Purely from an active trading point of view, you probably should cut your losses and look for a better trade with your existing trading capital. Though if you can afford to leave this capital aside and if you know the company is worth a lot more than what it is currently trading for in the medium to long term, it's probably worth considering putting this trade aside for awhile. As you can see, there are many ways to look at a same situation.
reply
Agree with XiaoSong. that very much depending on what is your investment strategy, bottomline is "believing at yourself".

Base on fundamental, Megasteel definitely worth more than its share price right now. I also having some position in Liondiv but at mush lower costs than your entering point.
reply
it's not the matter of believing oneself. in reality the price movement is unpredicable. some good news released, yet the stocks went down, but some stocks the other way round. that i don't understand. all are mere speculation. the only lagging is first hand information and its qenuineness. luck counts too.
reply
believing in yourself is very important. People lack of confidence become shaky when seeing market go in opposite direction and thus joining the wave of banwagon ... which is not really the correct method of investment unless you are a trader who looking for short term profit by moving in/out market oftenly.

My 2 cents point of view, your argument on speculation is not right ... from my past experience, chances of losing money when having speculation thought is much higher than investing on fundamental. If you still not convinced, you may continue with your belief and good luck!!
reply
clarification... i totally argeed your statement in believing oneself is important and its major contribution to our life successes. but, when applies to share market investment, what i mean is we need to have genuine/correct information about the stocks we invest in. this is what i'm lacking. so back to my original statement, i hope to have someone who can provide me conducive advised about this stock establishment. should i go ahead to accumulating more stocks during this downtrend to average down or this is a laggard company which i should not put much effort into it. therefore i quote for HELP. your opinion shall be my guidance and will be very much appreciated.
reply
^_^ well, your question is going back to what XiaoSong commented. ie. what is your gameplan ... as for me, I am still have open position in Liondiv and I will hold this counter for mid to long term.
reply
My view is that there is a difference between gambling and taking calculated risks. At
reply
Posted accidentally.. Posting this on my friend's iPad... Not use to it...

As I was saying, at the end of the day, we put capital at risk in hope of gains. There are things we have no control of and there are things, with some research, we can better manage, whether it's the short term gyrations of prices or some significant events that changes the fundamental outlook of the investment,

There are many concepts that helps us to better navigate the treacherous stock market. For example, you mentioned good news, stock is down, bad news stock is up. One concept for your consideration is that stock prices are always forward looking, I.e. prices will often price in future expectations. So for example when prices go down when "good" news is announced, the market were probably expecting BETTER news than what was announcement, in other words the "good" news disappointed. Same applies to the other side of the story, when "bad" news were announced, the market were anticipating worst news, and the price goes up.

But these short term price movements probably don't mean much if you're a long term investor.

Just my two cents worth sharing.
reply
confused...i wonder what do you mean by long/short term investment. how long is long? how short is short? aren't we look for best entry point and best exit point? some share might need to wait longer period and some otherwise.
quote example, i bought sunrise at 1.84 and without any publicity of this stocks it went up sky high in short period at 3.20+. does it mean we put hold of this stocks more longer to gain dividend/. or is this capital gain already sufficient? anyway this stock already merged. please enlighten me. thanks
reply
I suppose what I am trying to say is that it is all relative. 1 sec may be a life time for certain high frequency trading trades where trades are executed in fractions of a second, but just a blink of an eye for the majority of us. What is long, what is short is all relative to the individual who is placing the trade.

I suppose I have to ask why did you buy Sunrise in the first place? Were you expecting dividend payments or where you expecting capital gains? Have the gains reached your expected profit target or do you expect there are more profits in the trade?

I apologize first if you think I am of no help and further confuses you as I for sure cannot make your decisions for you. If you're looking for straightforward buy/sell advice, your investment adviser might be able to help you with that.
reply
i appreciate your comments. contradiction views/comments means much more than similar views, because we learn more from opposite side. so do not feel sorry. we are sharing comments on this blog as a second opinion besides our investment adviser. keep up your kind hearted opinion.
reply
Aren't we all still exploring?

There are techniques and tools out there that can help us to make more informed and better judgments. Prices are driven by humans and human actions are not entirely random. Though it's up to us to pick up these knowledge and skills to trade/invest better.

reply
could you please describe this share more specifically. in your judgement, do you think this stocks worth the value. what is your suggested entry/exit point? do your think it will provide good returns and how long do you estimate it will rebound? merely for my own reference/evaluation. you've no obligation to any losses, do not worry.
reply
Personally, I wouldn't be doing anything with this stock at this point in time as generally I trade short term price swings and the stock doesn't quite fit my trading criteria.

If you pull up a longer term chart of the stock, you will see that the stock has been pretty much trading sideways with a downward bias for the last 2 years and on different occasions have found support ahead of 0.36/0.40 range. With the latest current sell down, prices appear to be finding support ahead of 0.40 again and that suggest it remains a good support level and that means if you have hold you shares down to the current level, it might not be the best time to sell now, unless it breaks below this support level. As prices are below all of it primary moving averages, and continuing its short term downward bias, going forward it will be met with resistance on various levels and coupled with the longer term sideways trading, it's probably not expected to be going anywhere over the short term. Hence my view of not doing anything with this stock at this point in time.

Just my views. Maybe if any of our fellow members here have been following the fundamentals of this stock can share some of their views of the stock with leong67 here.
reply
LionDiv basically has been on downtrend for quite sometime.. but it has found a solid support in the psychological support of 0.40 + - , If you are in urgent need to use the $$, you may consider cut loss else If you have holding power and you invested and aimed for long term, you can expect some upward movements in the range of 8 months to a year time. It will re-test the strong psychological resistance level of 0.55 + -, and once its broken, it will have a up trend in the making.

hope this helps..
reply
Hi,

Should I say the long term (1-2 yrs) do not look good. Maybe after the GE we will see the mkt go down further. Right now I think the mkt is going to trend lower with rebound in between. Good luck.
reply
Quotes are delayed at least 15 minutes. Stock charts are updated at the end of the trading day. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Tradesignum is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Tradesignum website, you agree not to redistribute the information found herein.
loading...loading