Qingmei

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12 years 6 months ago #8905 by greenrookie
Replied by greenrookie on topic Re:Re:Qingmei
[hr]
peterlynch, I bought some 8.4 cents. Take note of what relaxing says, this is my first entry, I just bought a bit and is ready for my investment to go kapoh... You decide your own risk profile. but its have been a freefall for weeks now, i took a calculated risk. IF there is no fraud, then this is oversold, if you look at the cash, PE, PB etc...  [peterlynch 30-04-2012]:
Likely it's hunter hall still selling some leftovers.

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12 years 6 months ago #8906 by yang
Replied by yang on topic Re:Qingmei
I bought some at 0.083. will buy more if it down again.

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12 years 6 months ago #8907 by peterlynch
Replied by peterlynch on topic Re:Re:Qingmei
hi guys, thanks for the heads up. QM's price drop is highly irrational. History is in the making. this will be talked about for years to come. hope we can make a killing out of the stock.

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12 years 6 months ago #8908 by peterlynch
Replied by peterlynch on topic Re:Re:Re:Qingmei
moderator, can u rectify this? this is what my profile says. i can't start new thread This user has not yet confirmed his email address and account! This user has not yet been approved by a moderator!

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  • cheongwee.
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12 years 6 months ago #8914 by cheongwee.
Replied by cheongwee. on topic Re:Re:Qingmei
Never average down, we do not know why? By the time u know why, will be too late?
i hope i m wrong, and this stock rise, because i know there are lot of guy here in it.
Always buy an uptrending reasonably sound stock. 
I certainly don't mind you buying SMRT which is on it way down.
But at least, I can assure you that SMRT will not go under in my life time.
I bought donkey years ago at below a dollar and still buying. Years from now, i believe u see higher price, why? inflation, of course. Everything go up.
If you like value, then this is one.
I do not encourage long term investing for china stock, but not for our blues.
[hr]
[yang 30-04-2012]:

I bought some at 0.083. will buy more if it down again.

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12 years 6 months ago #8915 by peterlynch
Replied by peterlynch on topic Re:Re:Re:Qingmei
Hi Chong wee, value investors buy when there's a downward trend. We r not averaging down; we r accumulating cheap stock sold down by mr market not because of poor fundamentals but cos of poor market sentiments. Those who bough QM here have done our homework so we r not afraid it will go under. It's not for short term profits. Certainly not for speculations. Like Ben graham said we r buying '50 cents for a dollar'.

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