Wednesday, February 11, 2015

Hugh losses can be prevented - Pacific Andes

Many times we see investors pick the right stocks, but we realised it just take one wrong stocks to wipe out your whole year profits, Pacific Andes is one of the most downtrending stocks in Singapore for the past 5 years, Since 2010 Pacific Andes dropped from 0.16 to now  0.052.

In November 13, one of our friends text and asked about Pac Andes, whether he can Accumulate this counter, I am glad that our supertrend system was showing Bearish at the point of time. If our friend have bought Pacific Andes at the point of time, he wound have lose badly on this trade, price fall more than 40% since October 2014