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HSI lacks demand
@杰力安心睡大觉:$Lion-OCBC Sec HSTECH S$(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!
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