RE: RE: RE: ARW article This is obvioulsy a case of "follow the herd where ever its going" Nothing to do with TA or fundamentals....
Doesnt matter if we crossed the xx-MA,
Doesnt matter if we are making money.
Doesnt matter if we are incredibly undervalued.
Doesnt matter if ARW will likely produce a little more in the short term.
Doesnt matter if ARW will likely produce a lot more in the long term.
What matters on the VN is if a stock is the flavor of the week and its moving hard, up or down. Worst thing i ever did in my investment life is to consider the VN an exchange like others where you could actually look at the fundamentals of a company, the quality of management, the market potential and its outlook, like most exchanges but I was wrong. The VN exchange is the most corrupt and flaky exchange out there... This is the playground of "players" that feed on small investors hopes and dreams... The right way in my opinion to play this game is just that : Play THE game and forget long term hold and limit your positions to a fraction of the daily volume so you can flip in and out... DO NOT hold for the long term like Im stuck doing now, because of my huge position.
Don<t get me wrong Im not saying ARW is a bad investment per se. im saying the fact they trade on the VN makes it riskier then any investment needs to be...
OK that felt good... That being said even the VN wont be able to hold ARW at these levels much longer. Once the "players" decide its time to load (or are forced to because of news) this stock will appear on the radar of people who just look for hot stocks and it will push it above a buck.. question is how long it will stay there...
GLTA and I apologize for the depressed mood here but im sick and tired of the wait...