Friday, May 9, 2014

Hankore - Bad News, Cut Fast, Good Fast Punt






A very bad day and bad news for Hankore as the price got slammed down real hard which caught many by surprise.
http://www.chinagaze.com/2014/05/08/5-largest-chinese-enterprises-hong-kong-targeted-chinese-communist-party/ 
I admit I gave a wrong call in the SMMG Club on Wednesday but luckily, I gave another update call for all students on my bearishness of this counter. So from 0.114 - 0.109, the cut loss is not wide. But if one were to cut loss now, the losses is unbearable.


Daringly, based on the method I taught during the Stock Operation Course, some students went on to make a fast quick punt of out it and made $$. Congratulations!

Ronald K - Market Psychologist - The Big Speculator