$Del Monte Pac (D03.SG)$$Enviro-Hub (L23.SG)$$Japfa (UD2.SG)...
Next year rate cut will be good for small cap stocks regardless of fundamentals (profit or loss). This is my view.
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MiltonWong : disagree
Deep SeaOP MiltonWong: PPE stocks are loss making and people are still pushing them up
MiltonWong Deep SeaOP: This is due to supposed covid effect on glove n medical stocks as seen on 2020; china is basically uninvestable for next 3 years due to geopolitical tensions n a spiraling deflation cycle
102765799 : it went up! Will it go up more? I've been holding since 0.09, last batch 0.038... didn't dare to average..
Deep SeaOP 102765799: Penny stocks will rise when rate cut is on the cards next year.
102765799 Deep SeaOP: thanks pal! does this signal good time to average?
Deep SeaOP 102765799: You should monitor other penny stocks movement. If many penny stocks start to move up with big volume then u can safely enter to buy and average down. For penny stocks, big players usually trade without looking at fundamentals like profit or loss. They won’t bother compare to blue chip stocks which look at fundamentals. If u are long time in this game of stock market, u will notice it. Understand the rules ad play by the rules in order to make money in this game. U can verify what I said whether it’s true by talking to your local brokerage broker who are veteran in this industry. Market is irrational and won’t follow the books. Market is not efficient and that’s where we can profit from it.
MiltonWong 102765799: No don't do it, their Q4 n full year losses.omg bad