Originally Posted by
In4a$
Well said Percy, I can tell you from experience you are more likley to get it wrong than right if buying on a down trend. Better to wait untill the company fundamentals change , or good news is released and the down trend is reversed. IMHO MVN is getting worse not better, declining profits etc. Dont think the bottom has been hit yet.
SCT on the other hand has been down for a while, IMHO they have recovery and growth potential, they rebounded yesterday its the stock I bottom picked a while ago. I think SCT will grow over next few years, MVN probably struggle.