Industry: stem cell banking and therapeutics
STEMLIFE (0137.KL) Watch out tomorrow !! TMC Life and Stem Life moving together ? NTA RM0.14 only. I lost in this market, and i win in this market, I blame no one. At the end i am still winning because i never put all my eggs in one basket. Stupidity to jump in an illiquid counter because someone jumped in. I jumped in because I want to hold this counter for one year, punters will all die trading liquid counters, they will be force to sell on T4 force selling period.
Gambling is for people with good technical analysis skill, if u dunno technical analysis u cannot gamble at all, u will lose all your money in the long run.
Gambling is also for people with holding power, if u cannot take up the shares after T4, u will dig your own grave. Gamble below our means is better than playing contra with the shares we are unable to pick up.
Charts cannot tell lie, charts reveal all the greed, fear, hope, optimism, pessimism, opportunity and traps, etc of the public. The problem is how we interpret and misinterpret charts at times. Short-term charts can be manipulated, if we have enough experience we should be able to detect warning signs much earlier than everybody else. This is the area I need to keep improving. A market is the combined behavior of thousands of people responding to information, misinformation & whim. Nowadays i start to share both daily, weekly and monthly charts, so we able to think differently by looking at different time frames.
The trend of rubbish stocks = game over
Now is time to switch to value stocks, I have screened some value stocks, will post later when buy signals appear.
Maybe Herman collect this counter in the shadow, we never know.
I suspect he distributed TMC Life to naive followers in his room and secretly accumulated Stem Life since late 2013.
Just 2 cent view
Tuesday, July 23, 2013
