I seldom blog about stocks that I do not hold be it just purely technical analysis or value/fundamental analysis.  Days ago, a friend of mine contacted me to ask about advise of SPH, to cut loss or continue to hold.  Then again, I also came across people in forums, blogs etc showed eagerness to bargain hunt given the price has fallen so much.  Then I figured out that by blogging down why SPH is a no no investment for me (as an archive) can be served as a good learning lesson (for me) as in the future I could reference back whether my decision now is correct or incorrect.  I’m going to breakdown into 3 sections of analysis — Technical, Valuation and Fundamental.

Technical Analysis
Can’t avoid looking at chart pattern when doing technical analysis and what I’m going to do is using none other than Elliott Wave to do …