Kbunai(3115) showed dragonfly doji on Dec 30,2010. At that time, the price was only 17 cents. I was telling this counter is always carried a heavy volume. If I were to buy, I may get caught with this stock and might have to hold for a few months.
Today, it moved to the high of 0.225. If I were to buy 100,000 shares at 0.17 and sold it at 0.225, my profit is RM 5210.15. That means the formula I input into the Meta Stock worked. The explorer can picked up the right stock for me.
My 6 day mov average picked up HWGB(9601), Mulpha(3905), Ramunia((7206), Ta(4898), Lioncorp(3581), Daya(0091) on Dec 30, 2010.
At that time, HWGB was 0.355 and today's high is 0.39. If I were to buy 20,000 shares, I could have made 590.13. If I were to buy 100,000 shares, I could have made Rm 2954.65.
Mulpha was only 0.53. If I were to buy 20,000 shares, I could have made RM 1035.88 if I could dispose it at 0.595. If I am have more courage and I bought 100,000 at 0.53, I could have made Rm 5677.25.
Ramunia was 0.455 and today is 0.505. Ta was 0.755 and today is 0.795. Lioncorp was 0.265 and today is 0.28 and the high was 0.285.
Daya was 0.22 and today's high is 0.245.
On hindsight, you probably wanted to buy 100,000 or even 500,000 shares. But you need to manage the risk. Don't think the stock will definitely go up. If it comes down, can you handle. If you were to lose, can you afford to pay. In Malaysia, we normally buy shares on credit, if you normally pay your debt, the remisier will normally allow you to buy. You have to be able to control yourself. If you just buy as much as you want, you probably end up losing. Remember, when you bought a stock, if you don't have the money to pay you can only hope that it goes up. If if comes down, you will definitely lose money because you cannot afford to pay.
To make money, you have to manage the risk first. Don't lose your head.
Many stocks that I mentioned also moved. Zelan moved as high to 64 cents today. Perisai's high is 60 cents, Malton's top price is 0.765, Mahsing's high is 1.90, YTLe's high is 1.33, Hiaptek's high is 1.22. Uchitec's top price is 1.32.
Great. KLCI went up 18.47 and closed at 1551.89
NOTE: The above opinion is not an invitation to buy or sell. It serves as a blogging activity of my investing thoughts and ideas, this does not represent an investment advisory service as I charge no subscription or management fees (donations are welcomed though). The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
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