20070724 POSHLDG, suffered from a battering from 'traders' who got spooked by the Transmile scandal and cut all their positions at RM4.20 and below. The truth of the market is that those under the kosh of having the mindset 'to perform' and 'have to make money' mindset will always lose out. A value orientated player wouldn't have flinched to step in and take the stock off the weak hands that were jittery and influenced by the day to day fluctuation, caused by rumours, inuendo, research opinions etc. A lesson to have the proper 'philosophical' mindset when investing in stocks. The operative word is 'investing'. 90% of those who try to trade the stocks will lose all their money, while only 10% succeed but the way to wealth building is to be in for the long haul. In that event, while those 90% are scrambling to 'trade' for the normal return, the longerterm player (who had entered years before) would look for opportunity to unload to them.
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