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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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investor999
Elite |
11-Dec-2020 16:55
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Yes Maybank Kim Eng kenna forced sold.
I got it at 1.19
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irreign
Member |
11-Dec-2020 14:21
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I buy 100 shares at a time. Keep hitting kimeng at 1.2 | ||||
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fatpanda
Supreme |
11-Dec-2020 13:59
Yells: "Another wonderful day!" |
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Bro, The only reason that you still hold the " hopeless" stock because you still have hope on this " hopeless" stock. 
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fatpanda
Supreme |
11-Dec-2020 13:56
Yells: "Another wonderful day!" |
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Bro, How low is the stock? This is a question easy to answer. We know the stock has reached the lowest or bottom only after it passes this lowest point. The problem with the retail players are, trying to catch the low, and believe that they can beat the market and catch the lowest point. In actual, only a very few lucky ones got the stock near or at this lowest pioint. Since it is almost impossible to get at this point, then why keep trying and refuse to cut loss if it dips further? It is all because of greedy mindset.
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SGPhantom
Master |
11-Dec-2020 13:54
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Couldn' t agree more.... When it is going up, we hope that it will go up some more. When it is going down, we hope that it will reverse up soon. The hardest thing to do in stock market is to SELL, even when booking profit, and especially so when facing a loss.
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investor999
Elite |
11-Dec-2020 13:50
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Yes
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fatpanda
Supreme |
11-Dec-2020 13:48
Yells: "Another wonderful day!" |
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Bro, If you are sure that you have bought the wrong stock, and believe that the price would keep falling. then, as a trader, there is no valid reason to hold this stock anymore. The correct action is to cut this stock without any hesistation. Take back the remaining capital, and invest in the " correct" stock to grow back your capital. 
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SGPhantom
Master |
11-Dec-2020 13:45
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That was why I disagree with your investing " strategy" - to buy at the low, coz I do not know when is the low, and I definitely do not have limitless ammo. But we both agree -  to each, its own. As long as it works for you, stick with it. Hope XMAS comes earlier this year 130, 140, then 150... Baby steps....
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investor999
Elite |
11-Dec-2020 13:45
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This conventional idea has been wrong many times.
Rather I would examine the company/stock when the opportunity presents.
And decide if it is worth to buy and hold knowing I might have to buy lower and lower resulting huge paper loss.
The worse bet is to buy a wrong share and realise too late.
Very painful
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Peter88
Senior |
11-Dec-2020 13:40
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Bro , let the strong financials and fundamentals bury them one day , just a matter of time only . lol
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investor999
Elite |
11-Dec-2020 13:40
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Easier said than done.
How do you know the low?
I also buy low and low and low that I never thought I would
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fatpanda
Supreme |
11-Dec-2020 13:31
Yells: "Another wonderful day!" |
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Yes, bro. Huat Ah!
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Peter88
Senior |
11-Dec-2020 13:30
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Fully agree , buy and ignore all the noises , just need to mornitor the financials and fundamental
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Superfast
Supreme |
11-Dec-2020 13:30
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Ok master... Kamsia
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fatpanda
Supreme |
11-Dec-2020 13:28
Yells: "Another wonderful day!" |
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Bro, To beat these " Pro" , the more practical way for retail investor is to buy at low base, and hold the stock until it rises up from this low base. Use the " time" to beat these " Pro" . 
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Superfast
Supreme |
11-Dec-2020 13:16
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Ya, park there n wait... Huat ah
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fatpanda
Supreme |
11-Dec-2020 13:13
Yells: "Another wonderful day!" |
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Bro, Right. Stay away from the market if you are not feeling good.
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fatpanda
Supreme |
11-Dec-2020 13:12
Yells: "Another wonderful day!" |
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Bro, But you are angry... And an angry trader is also no good. Bro, relax and keep cool, don' t need to be angry. 
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Superfast
Supreme |
11-Dec-2020 13:11
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Ua... Stay cool... N don see too much...
Right?
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investor999
Elite |
11-Dec-2020 13:10
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I am not
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