SembMarine - A Cut Loss

Just had a cut loss in Sembmarine. Just when you thought the stock was ready to run, it never did and reversed otherwise. The market was bullish and this stock did not even run much. In fact, the mother share Sembcorp just reported that they made a loss.

https://www.theedgesingapore.com/sembcorp-posts-116-lower-3q-earnings-823-mil-higher-expenses

I think it's wise to cut loss first and move on to the next counter. What a good day in the market but bad luck cutting small losses.

Ronald K - Market Psychologist - A Stock Market Opportunist