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As a long-term value investor, the advice I have received is not to listen to the news or watch market prices daily. However, I have learned over the years to ignore the one about watching prices. This is because a spike in share prices does not last long and you may miss an opportunity if you don’t watch prices daily.
A good example is Heitech Padu. The stock price went up by 22% yesterday compared to its Friday closing price. 22 % over 3 days is not a normal thing.
So the price spike interests me as it cannot be justified based on its historical performance. So is there going to be some announcement that provides a quantum leap in business performance, or it this some speculative play?
To be transparent I have some shares here carried forward from years ago. I have also had a detailed fundamental analysis of Heitech to justify my view.
https://www.i4value.asia/2022/05/heitech-padu-m...
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