
just hijack this thread to ask a question:
If a company announce that it will have a daily buyback of shares up to
I. | Maximum number of shares authorised for purchase* | 40000000 |
what does it means in the long run? some news that we don't know? Or its just as simple as that?
Thanks in advance
Whatever mistakes made if one learns from them, it is a step forward. I have made mistakes in the past and I still do. But gradually I do a quick analysis, learn from it and move on.
Yes, now is not the time to sell. I am looking at long term so my strategy is simple - do nothing. But I shall slowly average up one counter that has just "burst into life". Although I look at long term , I still try to sell when the share is over bought and starts to corrects and buy back after correction. Hopefully my timing is better this year as I am lousy at charts. I am not too concerned about the US economic slowdown. Find the right stock in the right theme and all should be fine despite the "bumpy" ride uphill with bad sentiments
Lazyhorse, that was really good -- sounded so depressing but yet so real and funny.
If misery loves company, then you should feel better now.
Didn't know I was in such a depressing position until your post.

Be optimistic -- doubt we are alone (Nicky excluded) during this mkt period.