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Speculating in hot stocks.
17 Mar 2021 (361 views)

I have invested in these hot stocks before, but cleared off most of my holdings. 

These stocks dropped sharply last night and dropped further during the pre-market. Many of them dropped by 10% to 15%.

There is the potential for these stocks to recover, if the Fed meeting tonight turns out to be positive. 

I may speculate on the possible recovery because many of these stocks are 50% below their recent high (although the high price is quite speculative).

However, there is also the potential for these stocks to drop further and see a further large fall of another 15%.

I shall be monitoring these stocks closely tonight, and may buy them for the recovery.

Note - this is speculation and not investing. Do not speculate unless you are familiar with the price movement and have money that you can afford to lose. 

Tan Kin Lian



 


Speculating in hot stocks.
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I have invested in these hot stocks before, but cleared off most of my holdings. 

These stocks dropped sharply last night and dropped further during the pre-market. Many of them dropped by 10% to 15%.

There is the potential for these stocks to recover, if the Fed meeting tonight turns out to be positive. 

I may speculate on the possible recovery because many of these stocks are 50% below their recent high (although the high price is quite speculative).

However, there is also the potential for these stocks to drop further and see a further large fall of another 15%.

I shall be monitoring these stocks closely tonight, and may buy them for the recovery.

Note - this is speculation and not investing. Do not speculate unless you are familiar with the price movement and have money that you can afford to lose. 

Tan Kin Lian