Sunday, May 07, 2017

BP : Buy during crisis time


http://edition.cnn.com/2015/04/14/us/gulf-oil-spill-unknowns/


BP : closed at USD35.30

In 2010 ... I remembered that during oil-spill crisis, BP dived from USD60 to below USD30 ... and subsequently rebounded to USD50. I dared myself to buy into her .... but sold way-way too early.

Then, I have learnt about buying during fear or crisis ... it was not an easy decision back then (even now) as I was kinda new ... market just recovered from Mac 2009 ....

In crisis ... lies, opportunities.

So ... be patient to wait.

TEH

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