This company $SUPREME (0330.MY)$ Supreme, which is not a clo...
This company $SUPREME (0330.MY)$ Supreme, which is not a clothing seller.
Yesterday, Supreme Comprehensive Resources was listed on the gem board, really broadening my horizons. At the opening, the stock price surged from the issue price of 25 cents to 37 cents, an increase of 48%! Seeing this scene, I couldn't help but exclaim, the stock market really can make people rich overnight! Then, it continued to climb all the way to 41.5 cents, a 66% increase from the IPO price. The market heat at that time was off the charts, who wouldn't want to jump in and make some money?
Unfortunately, that's how the stock market is. Behind the 'seemingly beautiful' scenes, there may have already been hidden the foreshadowing of losses. After reaching the high point of 41.5 cents, the stock price started to turn down, finally closing at 30.5 cents, only 22% above the issue price. If one had chased in at the high early on, by now it might have turned into a 'bright red' on the books.
Unfortunately, that's how the stock market is. Behind the 'seemingly beautiful' scenes, there may have already been hidden the foreshadowing of losses. After reaching the high point of 41.5 cents, the stock price started to turn down, finally closing at 30.5 cents, only 22% above the issue price. If one had chased in at the high early on, by now it might have turned into a 'bright red' on the books.
Guru says: 'Seize the good times' is a Chinese idiom, which means to handle things with moderation, know when to stop, and not be greedy. It emphasizes stopping at the right time to avoid unnecessary losses caused by excessive pursuit. This principle is especially important in investment, negotiation, and other fields, reminding people to stop in time after obtaining reasonable returns to ensure that the existing results are not lost.
The stock market is risky, especially for IPO stocks. Even though they may seem to rise sharply on the first day, one really needs to be careful about chasing highs.
I am not bearish on Supreme Comprehensive Resources. This company does have a 40-year foundation and has successfully transferred to the gem board. But for us ordinary investors, the real focus should be on seeing the long-term development potential, rather than being driven by short-term price increases. Stock investment is not gambling, it cannot rely on temporary luck, and definitely should not rush in when emotions are high and end up becoming 'cabbage'.
#SupremeIPO #StockMarketInvestment #InvestmentRisks #StayCalmAndRational
The stock market is risky, especially for IPO stocks. Even though they may seem to rise sharply on the first day, one really needs to be careful about chasing highs.
I am not bearish on Supreme Comprehensive Resources. This company does have a 40-year foundation and has successfully transferred to the gem board. But for us ordinary investors, the real focus should be on seeing the long-term development potential, rather than being driven by short-term price increases. Stock investment is not gambling, it cannot rely on temporary luck, and definitely should not rush in when emotions are high and end up becoming 'cabbage'.
#SupremeIPO #StockMarketInvestment #InvestmentRisks #StayCalmAndRational
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凯文1995 : Is Supreme suitable for long-term investment or does it seem like KHB, LWSABAH, Metro, which no one has bought so far?
潇洒的少爷 凯文1995 : No one buying doesn't mean it's not suitable for long-term holding.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
凯文1995 潇洒的少爷 : But stocks will rise if no one buys them, meh.
潇洒的少爷 凯文1995 : The company has a bright future, government policy support and subsidies, strong profitability, and a promising industry outlook. What do you think under these conditions?
凯文1995 潇洒的少爷 : OK, thank you.
潇洒的少爷 凯文1995 : Subjective opinions are for sharing, not investment decisions.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Aminuddin 777 : i love ur advise