Singpost : buy or wait,? The recent parcel gate scandal may raise a question or buying it sell the share if you have it. Bystanders will wait for the issue to be settled.
The answers depend on what's your investment objectives. Some may strike while iron is hot. Buy the stock when others are fearful. This group hopes that prices will rise at least as much as it has fallen. Others fear that prices will drop further hence they quickly dispose what they are holding, to cut losses. The third group will wait, if the price falls further, they may say luckily I didn't enter the market, or sigh if the price went up further, telling friends that fear has stopped them from buying when it drops by about 10 %.
I invest for long term but occasionally when the shares of certain company fall by a large percentage, I turn opportunist if I believe in the company business strategies. However I won't keep the stock for long-term.
There is no one way to make money from the market. Stay true to your investment goals is the best so as to reap consistent gain in the long term.
Wishing all tigers here best wishes as 2024 coming to a close. May we prosper together in 2025.
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