Originally posted by 1ronnie
So yes, IMO you need to play with this stock to recover. There will be moments of unexplained madness and exuberance at both ends of the buy and sell spectrum, IMO you just need to be actively managing both ends , instead of cumulatively buying more of a falling knife when it goes lower and holding for posterity with hope. And to do that, I did queue management as I had explained. If you are smart enough to buy some when it looked like its falling hard, you need to be likewise and selling at intra day high when everyone suddenly became exuberant - most of these traders don't even know what they're buying , they just latch on to a bullet train hoping for a good ride. The tech boom is over, a sustained rise is not possible because the fundamental outlook is vague, uncertain and risky. YOJ is actually doing very well trading at about 150x sales! Especially when the tech play has been long gone.
Hey mate,
I'm new to the share market and know nothing. But, I can honestly say that I'm so fed up of you showing up from time to time on the Yojee thread. You have provided ample warning re this stock and people who wanted to get out, I presume have taken your advise and done so.
I wish you could just leave the rest of us alone who are vested in this stock ...
