13-08-2021, 07:49 PM
(13-08-2021, 05:50 PM)sgbuffett Wrote: I can't be bothered with such short term responses to quarterly reports.I missed the boat on this. Remembered I asked you whether stock cud falls below $3, you said is very unlikely. It was doing at 3.15 that moment I asked yr opinion.
If a company does not pay its cash in dividends and keep in the bank what is the issue.
Even if the company did not do so well in a particular quarter so what?
I remember iFast investors dump the stock at $3+ all the way down to $2+ because it failed to secure the Singapore digital banking license. Look at the stock now.
I cannot control traders and other investors who react to all sorts of things...and some even react to the reaction
..causing further price falls.
I only look at what matters in longer time horizon.