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Underweight on HSBC

小花至愛

Dear FaFa
I hv some 1398 ICBC since early March 2007 @4.57 and ever since then dropped to $4.27 now, what is your advice....
should I still keep it or wait until a certain price point and sell it and when ?  FYI, whenever I buy stocks, the market came down !!

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To:- Fa San re: 1398

Thanks for the advice.  1398 todays price 4.19, if it remains or lower tomorrow will buy 25% more of this stock to average out (I don't have the courage to buy larger number, may be because this is "House Wife" style.
One more question, I lost many chances in HSBC at low prices such as 90.00 few years ago or lately @135.00  since todays price is 144.60 should I buy one or two hands ?

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FaFa Re: 1398

Bought 1398 at 4.18 today to everage out, after this the averaged price is 4.49 no choice but have to wait !
Did not buy any HSBC, wait for low $140

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Fa Fa

Dear Fafa
Remenber my statement ?  "FYI, whenever I buy stocks, the market came down".  It happened again today
1398 dropped to $4.11 after I bought some.  If this is the fact, then stock market should drop heavily soon !!

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