Wednesday, June 20, 2007

Knowing More on Economy & Biz Prospect, Less on Stock Price

BSKL has hit new high at 1,386 & volume has surge again(1.8 bil). My friend told me that this round rally is focus on penny, 2nd & 3rd liner counter. He is excited again.

It's good to see the market come alive again.

I am of the opinion that to profit from shares investment, we need 'value investing' and don't try to speculate.

Just try to understand the economy data, company's biz prospect, keep on learning the investment knowledge from all the successful investor.

It is normal for shares price to go up & come down.

Identify a good profitable company, preferable with high growth business model, BUY it when the price has drop to attractive level. SELL it only when the price has gone up to irresistible level.

You will be a successful investor when you understand the intrinsic value of a company, and take advantage of Mr. Market's irrational behaviour.

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