In Dec 2021, I bought some of

2022-09-16

In Dec 2021, I bought some of $Merck(MRK)$ stocks about $70+.
A few days later,the price dips and continue to do so for few months after a lot of bad publicity in the media about the company regarding the failure of its Covid pill was published. I told myself that once the price reaches slightly above my cost price, I will sell off all of it. Finally, I managed to sell it off within a month.

I should have hold on to it till date as the current price has skyrocketed & seems to have stabilise. Magically, I don't see any bad news pertaining to the company anymore. My mistake was allowing my fear overpowering me by reading all those 'noises'.

From this experience, it has taught me not to allow the media to influence my investment strategy as it may cause a painful diversion. I need to have my own research and knowledge before investing in a stock as this will ensure no matter what happens, the company stock price will rise as it has good economic moats and sound fundamentals.

@TigerEvents：[Events] What Are Your Biggest Stock Market Regrets?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Anzygart
2022-09-16
Anzygart
Defensive stock
aureliapy
2022-09-16
aureliapy
thanks for sharing
Dildev
2022-09-16
Dildev
K
Adren
2022-09-16
Adren
Noted
superguy276
2022-09-16
superguy276
ok
He Man
2022-09-16
He Man
thks

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A few days later,the price dips and continue to do so for few months after a lot of bad publicity in the media about the company regarding the failure of its Covid pill was published. I told myself that once the price reaches slightly above my cost price, I will sell off all of it. Finally, I managed to sell it off within a month. I should have hold on to it&nbsp; till date as the current price has skyrocketed &amp; seems to have stabilise. Magically, I don't see any bad news pertaining to the company anymore. My mistake was allowing my&nbsp; fear overpowering me by reading all those 'noises'. From this experience, it has taught me not to allow the media to influence my investment strategy as it may cause a painful diversion. I need to have my own research and knowledge before investing in a stock as this will ensure no matter what happens, the company stock price will rise as it has good economic moats and sound fundamentals.</body></html>","text":"In Dec 2021, I bought some of $Merck(MRK)$ stocks about $70+. A few days later,the price dips and continue to do so for few months after a lot of bad publicity in the media about the company regarding the failure of its Covid pill was published. I told myself that once the price reaches slightly above my cost price, I will sell off all of it. Finally, I managed to sell it off within a month. I should have hold on to it till date as the current price has skyrocketed & seems to have stabilise. Magically, I don't see any bad news pertaining to the company anymore. My mistake was allowing my fear overpowering me by reading all those 'noises'. From this experience, it has taught me not to allow the media to influence my investment strategy as it may cause a painful diversion. I need to have my own research and knowledge before investing in a stock as this will ensure no matter what happens, the company stock price will rise as it has good economic moats and sound fundamentals.","highlighted":1,"essential":2,"paper":1,"likeSize":38,"commentSize":37,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9937919595","repostId":9937062090,"repostType":1,"repost":{"magic":2,"id":9937062090,"tweetId":"9937062090","gmtCreate":1663326421710,"gmtModify":1676537252625,"author":{"id":3527667667103859,"idStr":"3527667667103859","authorId":3527667667103859,"authorIdStr":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","vip":4,"userType":4,"introduction":"Tiger Community Official Account","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.31","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":22333,"starInvestorFlag":false},"themes":[{"themeId":"c3e349880e22497a848384ea12b7cfc4","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"Tiger Friday","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":c3e349880e22497a848384ea12b7cfc4}&rnconfig={\"headerBarHidden\": true}","description":"Weekend is coming! 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