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Yup... and generally speaking, massage chairs are more sought after mainly by older people, thus the market for them is somewhat limited.
But Osim is at least "one up" on the others because of it's innovative edge (think iGallop!)... :)
Everytime I walk past an Osim shop, I will see an Oto shop or another one of its competitors a few doors away..... how to survive such competition??
In the meantime, maybe you can just ride the iGallop... hehe... :)
Stay away from Osim for now.... may not be over yet
Force selling start now before 5.05pm they have to let go before the house dump 2bits lower....
Not sure if this is related to the financial well-being of OSIM. It pulled out as the main sponsor of Singapore Open (golf) the day before yesterday. OSIM took over as main sponsor only last year and promised it will be a long term yearly sponsorship. It abruptly terminated the sponsorship.
Keep for 2007 X'mas, if can.....By then $2 liao...
Good luck.....
shld i cut loss now or hold, i bought @ 1.2 experts pls advise. thks
right, i will consider if hit ocbc tp
You are right...
As long as there's a 'backlog' of potential sellers waiting to cut loss, the downward risk is ever present.
14m traded on 1 Feb is dued to force sell....Beware......
Dear Cashier...
I think punters and traders who have a consistent method or system of playing will profit in the long term, especially if they have the required discipline not to bet big... I don't punt big.
Beware.....Avoid this counter today and tomorrow....
Margin Call and Force selling is in progress from now.....
May not be out of the woods yet. Remain cautious on Osim.
the thing i dun like abt punters and speculators is that 99% of them are loser in long term. the 1% either break even or are those who make their bucks and retired after their successful hit and run during bull times.
the key question is why do u wanna average down when all the successful discipline traders, (not speculators nor punters) dun average down?
You are right on...
One keeps averaging down, and down... and usually, when one is exhausted and turns bearish, predicting that it will continue going down, that is when the stock reverses and become bullish.
yeah I've some experience in "catching the falling knife"
is tough play cuz it need lot of patience to wait for it to over come it problem and slowly recover from it......
but the point is at time when the stock is almost recover then you are almost exhausted! =)
is tough play cuz it need lot of patience to wait for it to over come it problem and slowly recover from it......
but the point is at time when the stock is almost recover then you are almost exhausted! =)
"Some" stock reviewers, working word here is "some" have been known to always give overly-pessimistic view of falling stock prices... (they did it, over and over again)
This is an issue of protecting their own reputation. If they issue a positive review and people buy them, people blame the reviewer if stock prices fall, however if they issue a negative one and the stock rebounds then people will just blame themselves for missing the chance.
Be careful...
In a confirmed downtrending, mode, any rebound opportunity will be snapped up by the bearish big players. It will reverse only when the big players are switching to bullish mode.