Market volatility has returned, starting with middle east and africa unrest, follow by last week Japan earth quake. My portfolio is back in red again. I sold away some of the counters in order to make the portfolio more concentrated. I also kind of realised that small cap, although offer potential great return, also comes with great amount of risk.
Longcheer
The buy decision originated with a broker call and the sell decision also come with that. When I bought the stock, it is kind of undervalued where company has been buying back share, giving out dividend and emerging market business is doing well. It briefly go up for a short period and come down recently because of the disappointing result. I managed a small loss. I am glad that I took that loss. Because after the result release, it fell quite substantially and I think the business will remain …...