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My thought is if you are holding since rm1 or below, can wait until tmr to see how is the price going. Everyone also know that today is panic sell and most of the retailers are selling out to take profit due to the limit price at 2.28.
By the time u said this, we all already made thousands. And pls read news regarding tightened margin policy apply by Maybank & Rhb to reduce speculation on Rubber Stocks then you should know why all the Healthcare sector drop and not only this one. :D no prof needed just a lot of reading.
My remiser just told that today is such a bad day where Banks tightened its margin policy + Force Selling for contra traders. Even the O&G sector slightly drop while the Crude is hiking. Cant tell whether the trend for Healthcare counter will still be in an uptrend or not. But from my observation, if there are increases of corona cases, the stock will fly again. Just hope that banks will withdraw their margin policy back.
guess is normal that bank sector also wants to have a share of those margin investors , looking at US chaotic situation is not surprise to see the 2nd wave of covid 19 just my gut feel
Just got another news the reason Banks tightened policy because there are too many GAMBLERS (Contra Traders) getting into the stock market during this mco. They cant go to casino so you know..
same happened like last time, when they said vaccine is found. all healthcare counter drop. they all go hunt for oil and gas stock.when you go follow them. they take profit already
there is 2 time bomb for covid-19,US on riot now, Indonesia, the people there don't care at all. we will see in 2 week. maybe double or exponential in US, covid-19 patient