Stocks “floored” in series, what should investors do when they are stuck?

The speculative game turned upside down, a series of “FLC” stocks were mercilessly discharged, piled on the floor of hundreds of millions of shares after the leader was arrested. The most “disastrous” was FLC when it recorded the third consecutive floor-down session, the floor selling surplus reached 102 million shares while the matched order was only more than 600 thousand units (March 30 morning session).

ROS also could not escape the plunge, the floor selling surplus reached 92 million units while only matched orders of nearly 596 thousand shares. A series of other codes in the “FLC family” such as HAI, KLF, and ART were all deep in blue, millions of shares were “listed” at floor prices but no one bought.

Shareholders who are holding stocks in this group are probably also standing still, teary-eyed watching their accounts evaporate in an instant. If before, many investors were “racing orders” to buy stocks, now they are racing to sell orders regardless of the price.

Giving advice to investors who are stuck in hot stocks, Expert Nguyen Hong Diep emphasized that investors should absolutely avoid bottom fishing at this time.

According to experts, while stocks are in a downward trend, the most important thing is to stay awake, calm and analyze thoroughly to find a way to handle it. For investors who are stuck in hot stocks, the expert offers two pieces of advice.

First, investors should not be entrenched in stocks. According to him, many investors who can’t sell stocks are often discouraged, cancel sell orders and choose to stick with that stock until liquidity returns. However, this method is only for stocks with good intrinsics, and for stocks that speculate up where it is easy to go down there. Therefore, if investors are “locked in” above the peak price, please wait patiently for the opportunity and always place an order to exit the stock.

Besides, investors should absolutely not use the price average method. Because inherently this method is only for good stocks and still has upside potential. As for speculative stocks, the deep downward trend can completely continue, the “money down” at this time will cause investors to fall into loss-making situations.

“The lessons of the past are still there and many warnings have been given. However, in victory drunkenness, of course, all advice becomes meaningless. Many investors still rush into hot stocks even though there is no good inside, and the leaders are not reputable.“, said Mr. Nguyen Hong Diep.

The expert also emphasized, to participate in a speculative game, investors need to be alert to master the game and determine the “one life and one survival” mindset if all is in stocks. Because we can win in a few small battles, but we can “lose everything” in big battles. According to experts, speculative stocks should only “join the war” a small proportion and are based on two principles:

First, observe the flow of the whole group of speculative stocks. According to experts, speculative stocks often run in groups, which means that cash flow will flow into several stocks at the same time instead of just one individual code. At that time, even though they are not the stocks they hold, investors need to carefully observe the whole group. If you see signs of a decrease in a certain stock, it is likely that the uptrend of the whole group of stocks is about to end.

Second, absolutely do not “bathe twice in the same river”. Many investors often tend to catch the bottom, “eat” the second round when the stock corrects to decrease 30-40%. However, experts say that this action is extremely risky, because the bottom of speculative stocks is completely worthless. Therefore, when buying, it should be noted that only buying in the up direction, not in the down direction, and absolutely do not “bathe twice in 1 river”.

“Profit-taking cash flows in “hot” stocks will look for opportunities in good stocks with good intrinsic value and being reasonably priced. After the drunkenness of victory when the stock market sublimes, now may be the time for speculators to calm down, look deeper into the market and orient themselves in a more strategic and sustainable investment direction.“expert Nguyen Hong Diep gives advice.