I almost made some serious investment mistakes last month. While reading various analyst's reports, I came across trading BUY calls for Bumitama Agri and Golden Agri. In what was an almost rash moment, I was very close to buying into those shares hoping to make a quick buck that just seemed so tempting to resist. After all, the upside forecasted by the analysts in their target price suggested that I will get a good return on my investment. And besides, I had also liquidated quite a fair bit of my other shares.
It was good that I was too busy to think much about it over the past weeks and so I did not enter into any positions. The prices did go up a little and finally slipped due to expected weak crude palm oil prices. Apparently, there is going to be an oversupply in the near future and palm ......