Valuetronics - "Thoughts on the market".

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9 years 7 months ago - 9 years 7 months ago #20771 by ontheball
Got out completely soon after the market opened and very glad I did. The plunges in the price over the last 3 consecutive sessions are very unneverving and I am staying out until positive signs emerge.

Better to be a bit more cashed up over the next few weeks.
Last edit: 9 years 7 months ago by ontheball.

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9 years 7 months ago #20772 by Kiasu7028
Wow, today sea of red for most stocks since opening, Bloody Monday !

Closed low at 41c...
Far off from high of 58c some weeks ago...

Think lower then expected earnings, Ukraine and China PMI are some of the contributing factors.

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9 years 7 months ago #20774 by Chacha
Still hanging on;(
Sigh sell also lose a lot.
Think beginning of correction.

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9 years 7 months ago #20796 by sykn
Looks like they have no share buy back mandate and are helpless to stop the slide, unlike G Invacom and Straco both of which have started to buy back shares when the price went down. It appears that this "darling" of the market has turned into a goat in a matter of 2 weeks! Shows the irrationality of the market.

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9 years 7 months ago #20799 by Chacha
Read a few reports by another stock website and thëir TP for this stock is 65cents. Fundamentals of this stock is ok.
Just hang on.

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9 years 7 months ago #20826 by zane
I think can wait a bit more for it to touch 40 cents before loading up to average down prices.

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