I had sold of all my HWGB @ 0.155 after a dissapointing quarterly report. HWGB reported a lost of -1.61c per share.
I see no potential in this stocks and i dont want to hold and wait for another quarter. The selling price is reasonable , so, i sold off all yesterday.
Selling selling price 0.155
Buying price 0.14
profit 0.015 = 10.7%
Buying price 0.14
profit 0.015 = 10.7%
After netting off commision, i had 9% reutrn. Frankly sepaking 9 % return over 3 months, is not good at all. Since i am buying this counter to speculate on the improvement of financial result, i had no regret selling it. The result is not good, infact , i shld fell luckly , for i earn 9% over this counter. WB ,Rule 1 and 2 is right. Morale of the story is, buy on margin of safety. If the stocks are in margin of safety even stock cannot delivere our fund will be safe.
Gather some money back to wait for chance to buy in another counter.
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