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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: sixty2nds who wrote (7530)9/8/2023 3:51:12 PM
From: Sun Tzu1 Recommendation

Recommended By
sixty2nds

  Respond to of 10713
 
I did not intend for it to be a trade for me. I was planning to keep buying on the dips. But I as I mentioned it when I first got in, my staying in was conditioned on the A shares not making a new low. Had the A shares remained steady, I would not have exited and I might have even bought on the dip.

But they making a new low means that the market believes there is an increased chance of the company going bankrupt. Which makes me question how much equity will be left for the P shareholders.

The market may of course be wrong. But I like it best when both the FA and TA agree.