Thanks for your balanced and deep insights ...I wont be rushing to get in soon ...IMHO it can go bit lower in these difficult markets ...
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I am not sure of your age, your investment time horizon or whether you are simply trying to make a buck with a fast buy then sell (this is not me).
What I can tell you is it is very hard to time the exact bottom.
If you want to hold these...then what about going a 1/3 now...1/3 if they drop another 10% and another 1/3 for another 10% drop. (or some other %)
If you are a long term holder, you are not going to regret a few cents either way at this stage.
I have missed out several times on buys by dicking around worrying about 5c here or there, and missed a much bigger gain later.
FWIW.
RTM
I have been told here many times by many wise and experienced people that you should not try to catch a falling knife ...also when to start looking to buy
Minimum is SP over 30SMA ...best is SP over 30SMA and 30SMA is over 60 SMA
I think thats a very sound advise ...
As at present HGH SP does not meet any of the above criteria so its better to stay away
But thanks for your well meaning advise
It seems to me from some of your previous posts, that you are focussed on following the advice of one "wise and experienced" person only, and are not willing to consider the wise and experienced guidance that some other posters offer. Which is fine - it is your choice who to listen to. But remember that even those you consider "experts" do not always get it right and seldom talk about that. Open your mind a little and take advantage of the depth of knowledge here, because sometimes your tunnel vision is inhibiting that. Just my humble word of advice for what its worth.
Thanks to u too . But as I said that advise though not of just one person is SOUND ...it works well for me !
Also I will not be too unhappy if I miss the bus too ...I am not that big fan of HGH like most here .
Its in confirmed downtrend ....but surprisingly the wise Man U referring to has initiated a position against his own advise to others here ....lol
As I was writing this ...HGH made new 52 week low ...1.77 ...SPP price
PS : I was told here that Banks dont do well in recessions ...big one is round the corner