IMP imperial corporation limited

rmarhung,Sorry I could not reply earlier. I have not been...

  1. 192 Posts.
    rmarhung,

    Sorry I could not reply earlier. I have not been watching the market this afternoon. I have been out looking at other possible investments.

    If you look at my previous posts you will see that I have clearly indicated that I have had no position for sometime, and indicated no sentiment as to buy sell or hold. My recent posts just speculated as to what is likey to happen with the price. I never recommend buys, sell or holds. I just post my thoughts to try to generate some discussion, and ask questions to get opinions of others on good entry and exit points.

    Having suffered the effects of the 2000 crash I am a very careful investor these days.

    It doesn't really matter how good or bad a company is; what is important is what the other shareholders think and the market behaves. That's why I seek out and value the opinion of other Hotcopper members.

    What happened to the price today was not unexpected considering what has and is happening in the US market, and no doubt the desire for many to take a profit while it still remains on the table.

    What is going to happen to the share price tomorrow and in the coming weeks? You tell me. While the US market is still shaky, I am not brave anough to re enter. Will I miss out on a possible big rise? Maybe, but until the dust settles I will be very cautious.
 
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