$Grab Holdings(GRAB.US)$ The short sale volume percent for stock ticker GRAB is 49% on Mar 28, 2024.
The short sale volume is 4,234,055. The total volume is 8,660,596.
The short sale volume percent is up 31% compare to Mar 27, 2024.

The stock market just had its biggest fall in over a month, with the tech-heavy $Invesco QQQ Trust(QQQ.US)$ index dropping by 1.79%. $Apple(AAPL.US)$, one of the biggest companies in that index, saw its share price fall by almost 3%. It shows that having a lot of your investment in a few big companies can sometimes backfire. This drop marks the second day in a row where more stocks were being sold off than bought.
I noticed that the number of stocks hitting their low...

$Grab Holdings(GRAB.US)$ You should vigorously buy this stock because it is the number one beneficiary of Southeast Asia's tourism recovery

Brokers’ take: Citi raises $Grab Holdings(GRAB.US)$’s price after solid Q2 results

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$Sea(SE.US)$Sea Ltd's stock plummeted by 29%, causing a loss of nearly $10 billion in market value and a quarter of co-founder Forrest Li's fortune. The company's disappointi...

Shares are down 50%, is it cheap?
Since I first came into contact with stocks, investors around me have bought stocks with the idea that the more the stock price falls, the cheaper it is, saying that when the stock price falls sharply, it's actually a big promotion! It's time to clean the goods...
But this isn't for every stock, and it's even a dangerous operation for most people.
Because the magnitude of the decline is actually not directly proportional to the increase, a 50% drop requires a 100% increase to pay off. The stock bought in RM1 falls to RM 0.5 and the drop is only 50%, but the rise of RM 0.5 to RM 1 requires a 100% increase. If you buy the wrong stock, the price of the stock keeps falling, and if you keep buying it, your net worth is also shrinking.
Look at today's $Sea(SE.US)$ - The parent company of Shopee, which is familiar to Malaysians, dropped 28% on today's performance day, down 89% from the peak. This also means that to rise from this price level to the highest point, an increase of about 900% is needed.
However, what many investors think is that 50% is cheap, 50% can drop another 50%, and then there is a possibility of a further 100% drop — I attached my slides chart as a reference. From point A to point B, it also falls 50%, point B to point C also falls 50%, and point C to point D falls 56%.
Even after the stock price has dropped 80%, it can still drop 100% from that point; it's not just 20% left...
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$SPDR S&P 500 ETF(SPY.US)$
The market has been on a downward trajectory for the past two weeks, with value and defensive stocks performing relatively better than their peers. This is following a massive rally that has produced very nice gains for investors. Are investors taking a little profit after the rally? Or is this selloff just the beginning of more to come?
Feel free to leave a comment about why you think the market has been selling off for the past two weeks...