Sunday, November 26, 2023

Crashed : Astro

 6.30 pm  ... done gardening. Tired ... so, continue to check charts ... new low?

ASTRO : hit new low 39cents. 

Why Astro is 'sentimental' to me? Because it was the FIRST stock I bought in Dec 2007, Christmas time ... around RM4 and ... sold for RM4.20 after a good rally. I was TOTALLY naive, new to markets. haha. 

Yeah ...that was beginner's luck ... then 2008 crushed me, that is another story for another day. 

Astro was taken private!! 


Astro : re-listed to suck more money(from markets)  in for the company and many related investors ... but many at the moment holding to huge paperloss ... should one cutloss ... as Astro-biz no longer relevant? 

Well ... this is not a sell or buy call, just stating that ASTRO was my first stock ... and will always be remembered. I hv no intention to buy a sunset-biz with no lights out.

Remember, biz cycle ... things changed, we have to change accordingly to survive. 

Yeah ... it is sad to see ... something dear to us ... disappearing.

TEH


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