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  • 2 weeks later...

As promised, and maybe the last trades that I'll be sharing in this thread.

successful and worked are ($ABA and $SSI). The one that doesn't really work is $DMC. 

 

 

 

 

 

 

Since I sold these positions. I am just less than 50% exposed in the PSEI. Got 2 stock positions, one working and the other one is a so so or maybe a cut if it didn't hold. Keep safe everyone!

Edited by The Specialist
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  • 2 weeks later...

What stocks to buy at this current situation to win?

 

I was asked by many as to what stocks to have. My answer is to tell the stocks what I had already put my money.

 

CNVRG- we know well that the reason for its decline to a low of 18.20 was due to the selling of Pincus Warburg of around 250M shares more or less at 25 per share. Everybody got scared of that sending Cnvrg lower and lower since then. But it is now going up indicating that the said shares must have been exhausted or sold out. Therefore even if you buy at 22 tomorrow, its closing today is at 21.70, your buying price is far better off than the 25 per share crossed by Pincus to another foreign investor at 25 per share. You must take advantage of this rare chance when a fundamentally sound telco company is trading below the acquisition price of a major foreign investor in CNVRG. In the grander scheme of investing especially in the stock market, the big investors will always win because they have the financial muscle and wherewital to make the stock price go into their favor. The one who bought the 250M shares at 25 will be the captive defender of Cnvrg in the coming days. Anything below 25 at this point is relatively cheap and must be scooped up.

 

Next are the Marcos stocks like WEB and PRIM and others. I can not convince you with sound fundamentals that these stocks have like CNVRG. However, they posses the meandering speculations as to what businesseses that can be injected into them. These stocks being listed can be easy target by international companies wanting to open up business ventures here without the rigors of undergoing governmental, congressional scrutiny and approval. Their allure is the " what are we in power for" swagger. Stock market is practically speculations. And these stocks will enjoy 6 years of endless speculations while BBM is on the driver's seat. I heard PRIM is on expansion drive already. What about WEB? There can be a lot to be injected in those stock once BBM officially sits.

Lets all make some money

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2 hours ago, MartinDomingo said:

Just sharing my insights 

I lost big on acen .that's why I cut loss 

 

This was a good thing to do, cutting your loss. Haven't i said it right? That will stop the bleeding in anyone's port? :D

No matter how big the amount is. Admitting/knowing the point where you are wrong and "doing something" is much better than praying that your stock will break even. 

Nagkataon lang, in your $ACEN case, you let your port be underwater to much. Hence, the amount of loss balloon in that way. Who's mistake? No one else, but the one who's managing the port. Since they are the one who executes the trades. :D

So what does it tells? you are poor risk manager. Same goes as your new trade. Wow! all in. hahaha

Can't blame some people who will not like this post. Since most always wants the easy way around. But this was just a hard truth of the market. Especially, if one doesn't manage their risk. 

"if you are afraid, to take a small loss. Soon, you will have the mother of all losses". 

 

Nahurt ata sa post ko. Wag masyado dibdibin. Totoo lang naman yung sinabe ko. Hopefully, pag di umabot ng 30 or pag maground trip going down di ka mapa post ulet ng "kill me na" :D

Screenshot_20220628-192443.jpg

Edited by The Specialist
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