coolhead
High Supremacy Member
- Joined
- Mar 25, 2007
- Messages
- 46,184
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Markets can remain irrational longer than you can remain sober. Doesn't matter all these FA, as long as u make money buy low sell high. Problem is how long u have to wait and turnover.
I would look at the options market, management market activities. Also if the killing can go on like this, nobody would dare to buy or sell things. Who dare to go on st ?
Hope tis is like a poker scare lol. I intend to open a position in NUS in next 72 hours.
my holding period for this stock at least 2years unless sth happened to company or general market bah. Still must do FA to know the downside risk especially for a distressed company. Anyway, good thing about shortists are they allow us to buy a company at cheap valuations. Agree with yr concept that markets can remain irrational for longer than we remain solvent though.
killing go on like this that's why after doing homework then can have conviction to buy Mah.