Friday, May 6, 2011

what to do next?

Market is getting bored.. value of shares is going down..
Alright.. i think this is what everyone facing recently. market sentiment is bad. i mean overall...
Well... buy defensive stock for this month. i believe the market will remain lik this for the entire month.

new run will start probably after the listing of MSM-Felda. So its either u leave the market and stand aside or buy defensive stock. For example: SPB

I bought SPB recently, as i believe this counter has a high potential to fly later and the most important thing is... at current stage... share price wont move much(defensive stock). Jerneh i did buy abit more as i bought at higher price earlier last month. Jerneh dividend might announce anytime, we wont know when is the announcement. But without the announcement of dividend, the share price will surely remain around 3.00-3.20. lets wait together n see how it goes.
Risk averse investor might want to consider to stand aside at least for this month.

Buy at your own risk :)

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