HSI lacks demand
$Lion-OCBC Sec HSTECH S$(HST.SI)$Back to law of basic, Supply and demand. No demand of these tech stocks. Funds and retail investors rushing to sell because of fear of current environment , causing tremendous excessively supply.
Price will only go up when there is demand (usually caused by positive catalyst like outperform company earnings result than estimated, countries ruling policy settle down, petrol price stable down, fair interest rate, gov support in term of tax rebate etc..)
Falling knife because supply continue to rise, when less/no buyer, seller keep selling at cheaper price to finish sold their stock on hand.
Have to drop till a price, demand starts to rise because the stock is too cheap to ignore..for example, 8% dividend yield at current price!
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.
- cozyzi·2022-03-15I have bought Hang Seng technology related stocks. I believe I will rise in the future!4Report
- Pluto891·2022-03-15what is fear of current environment u r referring to?3Report
- HilaryWilde·2022-03-15There are many stocks with high dividend yields right now.1Report
- 苗派·2022-03-15As of now, Gravity Won. Need a big balloon to lift it up from bottom. 😵💫2Report
- EvanHolt·2022-03-15The bottom is getting closer and closer to us, wait patiently.2Report
- yeo·2022-03-16Buy the dip2Report
- Dionysius·2022-03-20is it at 8% dividends already?1Report
- Moolele·2022-03-16This one got yield ? 🤔1Report
- cws012·2022-03-15I suppose there is no dividend for this etf...1Report
- LouisLowell·2022-03-15The market is full of pessimism.1Report
- BellaFaraday·2022-03-15Tech stocks are overvalued.1Report
- ElvisMarner·2022-03-15Yes, everyone is selling at the moment.1Report
- jasmine_tan·2022-03-16yeah turbulent times. hope the rebound happens soon though2Report
- MARYGOH·2022-03-15Good advice4Report
- Kai85·2022-03-16Good info2Report
- Lelelele·2022-03-21Good analysis1Report
- 你我他YouMeHim·2022-03-19k1Report
- rayhui79·2022-03-19[微笑]2Report
- bioshooketh·2022-03-18Uh oh1Report
- henryxie1688·2022-03-17okok1Report