The day will definitely surface . No one would be spare. If you are lucky to trim down your holdings and then wait for the whole saga to be over then slowly buy at cheap price to benefit the strategy of Buying Low and Selling High. This kind of investment method only happen during market crash or crisis. Be prepared for the major correction /market crash to be triggered anytime. How can Dow and S&P continue to trend higher!! Is just a matter of time when Mr.Market will show it to us ..
Reply to @bennylim22 : Penny counters are speculative stocks and most of them are with negative value and not undervalue.
They are just a game instrument allowing players to have a go at the High Risk High Reward set-up. Everyone playing the penny game is aware of it.
A penny counter can be inflated a few times over when in play which is why it is very attractive. Low capital with high leverage is something worth the risk. As I have mentioned before, good players will be rewarded and bad players will be severely punished.
No players would want to hold penny counters for long but if caught in a Market Crash while still holding the penny counters then the player can go bankrupt!!!
Similarly, if holding on to blue chip stocks, the percentage of slide is roughly similar to the fall of the STI in percentage term. To say that it is OK for a Market Crash if holding Blue Chips is also incorrect because if after a Market Crash then followed by recession then the loss can be very painful as share price wiped off can be as much as 50% as in 2008 - 2009.
“2008 -2009 Recession
The Dow’s drop was more painful than in any other downturn. It fell more than 50 percent in just 17 months”.
Trade with caution, no body know when this day is going to be happen, it can be any time from tmr, but it may be not.
Reply to @Dividend_Lover : Aha..., marry Christmas to you in advance, hoping get the dividend and gain the share price.
The day will definitely surface . No one would be spare. If you are lucky to trim down your holdings and then wait for the whole saga to be over then slowly buy at cheap price to benefit the strategy of Buying Low and Selling High. This kind of investment method only happen during market crash or crisis. Be prepared for the major correction /market crash to be triggered anytime. How can Dow and S&P continue to trend higher!! Is just a matter of time when Mr.Market will show it to us ..
Reply to @Sporeshare : Hope it is after CNY!!!
Happy Happy first before the crash!!!
Those small cab.oil company.shape price left only few cents.or less that one cents.what the defferene.market crash.or no crash....
Reply to @bennylim22 : Penny counters are speculative stocks and most of them are with negative value and not undervalue.
They are just a game instrument allowing players to have a go at the High Risk High Reward set-up. Everyone playing the penny game is aware of it.
A penny counter can be inflated a few times over when in play which is why it is very attractive. Low capital with high leverage is something worth the risk. As I have mentioned before, good players will be rewarded and bad players will be severely punished.
No players would want to hold penny counters for long but if caught in a Market Crash while still holding the penny counters then the player can go bankrupt!!!
Similarly, if holding on to blue chip stocks, the percentage of slide is roughly similar to the fall of the STI in percentage term. To say that it is OK for a Market Crash if holding Blue Chips is also incorrect because if after a Market Crash then followed by recession then the loss can be very painful as share price wiped off can be as much as 50% as in 2008 - 2009.
“2008 -2009 Recession
The Dow’s drop was more painful than in any other downturn. It fell more than 50 percent in just 17 months”.
Do be cautious and GOOD LUCK!!!