Eratat Lifestyle

Rock
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10 years 6 months ago #16464 by Rock

Replied by Rock on topic Eratat Lifestyle

Many people mistakenly believe that just because a penny share price is already so low, it cannot possibly go any lower. Consequently, they feel that the only way for these shares must be up.

In reality, though, the reverse might be true. Any share can fall to zero, which means that you could lose all your money. In fact, penny shares are probably more likely to do this because they are smaller companies. To average down penny share is no wise, the more you average down the lost get bigger. A snowball is the best analogy for compounding the lost. As you roll the ball through the snow, the surface area gets bigger. The more surface area on the snowball, the more snow it picks up, the lost increase faster.

Thing is, just because the share price is so low does not automatically give it more potential to rise. Instead, it is how the company will perform that determines this.

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davidkie
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10 years 6 months ago #16467 by davidkie

Replied by davidkie on topic Eratat Lifestyle

I agree with Rock that the company performance is very important.. the Q3 report will be out by early of Nov, we will see what the company doing with the recent bonds money..

Rock wrote: Many people mistakenly believe that just because a penny share price is already so low, it cannot possibly go any lower. Consequently, they feel that the only way for these shares must be up.

In reality, though, the reverse might be true. Any share can fall to zero, which means that you could lose all your money. In fact, penny shares are probably more likely to do this because they are smaller companies. To average down penny share is no wise, the more you average down the lost get bigger. A snowball is the best analogy for compounding the lost. As you roll the ball through the snow, the surface area gets bigger. The more surface area on the snowball, the more snow it picks up, the lost increase faster.

Thing is, just because the share price is so low does not automatically give it more potential to rise. Instead, it is how the company will perform that determines this.

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Skeptic
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10 years 6 months ago #16468 by Skeptic

Replied by Skeptic on topic Eratat Lifestyle

Unfortunately all this is just empty rhetoric to those who have fallen into a state of unconditional love for this stock. It can do no wrong. One remains in a constant state of denial until it is finally too late.

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NS19
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10 years 6 months ago - 10 years 6 months ago #16473 by NS19

Replied by NS19 on topic Eratat Lifestyle

Yes, I do agreed that on the surface, there "appeared" to be red flags like some of you had pointed out. But what is underneath the surface? Many are guessing only.

Things are going fine, there is a trade fair in Shanghai and more shops will be opened very soon.

Vested and have no intention of selling. Only time will tell.

Last edit: 10 years 6 months ago by NS19.

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newbiestock
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10 years 6 months ago #16476 by newbiestock

Replied by newbiestock on topic Eratat Lifestyle

Sssssh... NS19, cannot say it out

Accumulation in process. Vested n nt selling

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chinsoonyuen
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10 years 6 months ago #16479 by chinsoonyuen

Replied by chinsoonyuen on topic Eratat Lifestyle

how to tell it is accumulation or distribution? anyone can share?

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