facebookI lost over $20k in investing in Chip Eng Seng Corporation Ltd (SGX: C29) How should I cut loss now or hold on? - Seedly

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Anonymous

18 Apr 2019

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I lost over $20k in investing in Chip Eng Seng Corporation Ltd (SGX: C29) How should I cut loss now or hold on?

Chip Eng Seng Corporation Ltd (SGX:C29)

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Gabriel Tham

21 Oct 2018

Tag Team Member at Kenichi Tag Team

The real question is have your initial investment analysis still valid?

Why did you invest in it? And what was your plan initially?

If you put money in with intention to trade short term, then you have to ask yourself are you still hoping or do you have a plan?

If you put money in and your analysis say this is undervalued, then does it follow your long term plan?

What is your plan initially? If you did not have one before buying the stock, then it is same as gambling.

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