13-06-2013, 10:17 PM
(13-06-2013, 09:58 PM)felixleong Wrote: haha I dunno when is the best time to buy
if I value the stock at $1 and it now sells for 70 cents I'll buy some
if it sells for 50 cents I buy more and run out of cash
it hits 30 cents i can't buy anymore but its fine, I'm human anyway... i can't always get the bottom but I can make a good return on my capital ^^
a more important question to ask is when the $1 is going to be realized.
If you bought at 70 cents or even 50 cents, the $1 is only realized 10 years later. are you wining or losing?
there are more value traps in local market. just be careful. 70 cents can stay 70 cents for longer than you expected.