Valuetronics - "Thoughts on the market".

Got out completely soon after the market opened and very glad I did. The plunges in the price over the last 3 consecutive sessions are very unneverving and I am staying out until positive signs emerge.

Better to be a bit more cashed up over the next few weeks.

Wow, today sea of red for most stocks since opening, Bloody Monday !

Closed low at 41c...
Far off from high of 58c some weeks ago...

Think lower then expected earnings, Ukraine and China PMI are some of the contributing factors.

Still hanging on;(
Sigh sell also lose a lot.
Think beginning of correction.

Looks like they have no share buy back mandate and are helpless to stop the slide, unlike G Invacom and Straco both of which have started to buy back shares when the price went down. It appears that this "darling" of the market has turned into a goat in a matter of 2 weeks! Shows the irrationality of the market.

Read a few reports by another stock website and thëir TP for this stock is 65cents. Fundamentals of this stock is ok.
Just hang on.

I think can wait a bit more for it to touch 40 cents before loading up to average down prices.