MUL multiemedia limited

I respect your thought. However i'm holding different view from...

  1. 1,892 Posts.
    I respect your thought. However i'm holding different view from you.

    In general, broadly there are two type of investing stocks. The one is for the investment such as NAB,CBA,ASX, - highly regarded as bluechips. The other one is for speculative investing such as Mul, glb, ggl, etc - highly regarded as speculative stocks with high risk and high return approach.

    If we decide to be in a share market, we ought to be either position ot both position for large capital-based investors/traders.

    If someone expects security or safety in stocks like MUL, it's not fair because MUL has more higher beta than bluechip stocks.

    In other words, we can expect higher returns from right timing buy which have never been easier.

    Yes, we all dislike risks but it is unavoidable. Only think we can minimize our risk is to set a stop loss on each trades. That's all.

    The bottom line is that as long as we have discipline on our trading. we can protect our capital.

    I think that punting at 4.6 is much better position and less riskier than punting at 7 cents level.

    Sock can't go down every day, it's up and down. We always can get out as long as we have rules of trading plan.

    Price below 4.2 level will be trigger to be out. But i believe that market indicates that there are no intentional big sellers nor big buyers. So, Logically, any goog news pops up, MUL have higher chance to rally, and short-covering will starts.....

    Anyway, it's all my biased judgement. You gotta make own research.....prior to make any committment to stock maket...

    NASDAQ is above 2000 and is likely to lod this level, maybe we are heading for bull market of the second stage
 
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