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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Media Release Credit

Media Release Credit

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1Media Release Credit Empty Media Release Credit Thu Feb 11, 2021 7:05 pm

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Media Release Credit Img_2011

samaritan and Sachira90 like this post

2Media Release Credit Empty Re: Media Release Credit Thu Feb 11, 2021 7:12 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
something better than nothing... could have done few days back also. 
so no more forced selling tomorrow onwards hopefully.

samaritan, Eranga87, Sachira90 and Wolf86 like this post

3Media Release Credit Empty Re: Media Release Credit Thu Feb 11, 2021 7:40 pm

stockie

stockie
Senior Equity Analytic
Senior Equity Analytic
@RJ1010 wrote:something better than nothing... could have done few days back also. 
so no more forced selling tomorrow onwards hopefully.


RJ is this downturn really because of forced selling? do you have valid information regarding this? 


Thanks in advance, because to get the real picture of it

4Media Release Credit Empty Re: Media Release Credit Thu Feb 11, 2021 8:06 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@stockie wrote:
@RJ1010 wrote:something better than nothing... could have done few days back also. 
so no more forced selling tomorrow onwards hopefully.


RJ is this downturn really because of forced selling? do you have valid information regarding this? 


Thanks in advance, because to get the real picture of it

I have discussed this extensively with my broker on this since I was also about to do some panic selling. He confirmed this drop is due to credit settlements by one or two broker firms. This resulted in panic selling from other investors since portfolios were turning red and people were losing their profits and some to the point of losing their capital. 

Lets also understand some stocks had a bubble. Price was too inflated with not much reasons. It had to burst and this was a fine moment for it to happen. 

Other external reasons such as economy, political situation with the western pressures etc have very little to do with the downturn. 

So hopefully if SEC has agreed with Broker firms not to force sell based on credit recovery then tomorrow we should see a Green day because recovery needs to happen and investors will not sell at low prices. Check my analysis just posted in Shares to Buy thread for some idea what to expect with some shares in coming days. 

Bottomline - Do not feed into the crazy selling. Do not sell at a loss unless its some crap share. 

Mar/Apr will be mostly dividend time for lot of companies. Green days are ahead. Hopefully this time recovery will happen slowly and steadily.

nigma and stockie like this post

5Media Release Credit Empty Re: Media Release Credit Thu Feb 11, 2021 8:45 pm

AmateurTrader001


Senior Equity Analytic
Senior Equity Analytic
@Eranga87 wrote:Media Release Credit Img_2011
The whales have collected mouthfuls by giving retail investors as the sacrifice. So the game is over. Do you really need a meeting to clarify such a simple thing... 

Oya naya denna epa kiwwa ne... Kauda yako naya denna epa kiwwe okunta salli deepan. 

Meeting over. Now who's going to be making the gains?

RJ1010 likes this post

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