I bought during the double whammy panic. Sold when the sharks pushed. And you all still thinking whether it will go below 1 ringgit or not. It is all about psychology guys. Those who are not in, will hope it go below 1. Those who are in will keep being positive it will not go below. No right or wrong. The only difference is whether you are long term, mid term or short term. Most importantly is how much risk you can take. And don't follow the herd. Be ahead. Simple right?

Looking for second round entry now. Reading the news and their underlying message will be key.
Logic will tell us that people like TF and gang will not take such double whammy lying down. I think his resource is deep when you consider this fella has the entertainment industries, F1, EPL and Sir Richard Branson as his inner circle. Pitch that against bad news where TF is charged or coronavirus rate of new cases kept increasing like a bull run. Am sure you will roughly get your price of entry.

One more news is Macc has yet to receive documents from the British serious fraud office. Request has been made but the British may have other priorities. Macc may call up AA exec 1 and 2 after documents received and reviewed. Wonder how long would that be until a charge sheet is prepared, if any?

Wonder which news will come first in future?
a. Corona virus under control.
b. TF to be charged in court.
c. Macc no further action.
d. Government deployed stimulus.
e. Passenger traffic start to pick up in Visit Malaysia Year.
f. BDO expert's report on AA exposure is out.

And aircrafts still fly in and out in a low fuel environment no matter what the news. Doing some off setting exercise between the -ve and +ve elements will definitely help lor.

@Mohd Firdaus - Congratulations for your short earning. In my point of view, this is very risky, seems like playing a gamble buying big or small in order to win a small percentage of earning. Market is watching a news and dono whether a good or bad news is released. If you can always predict correctly, you will be 2nd Bill Gate. Your short term investment is not wrong but is not consistent with my principle. Anyway, I’m worry about you, bro. Thanks

Mohd Firdaus already explained it clearly.. it depend on what kind of investors are you.. based on your statement, i would say you are a long term investor (correct me if im wrong).. and Mohd Firdaus made profit from it because of he was doing short term trading.. he may suffer losses if he keep it long enough where bad news start to surface.. otherwise, he may win big too.. in between, its a psychological game between investors...... and sharks ._.

@Chee Fui. You got it right. Our risk profile may be different and indeed there is no right or wrong. Profit appetite also differs. How we process the underlying message from news we received also important. One rule for sure is never, never try to call the bottom in which some of us are doing here.

In my opinion, the successful short term investors were lucky, able to buy and sell within 2 days (last Thursday and Friday) before Tun M’s clarification statement news was released last Friday at 8pm plus which was after market close. Can you imagine what would be happened to AA share price if bad news is released in mid of market time for those who have just bought. The most funny is ppl believe Tun M has a right or power to close the bribe case which is not logic at all.

Aiyah. Don't like that la Steven. Actually not about luck to me. I only do volume reading and find underlying msg between the lines lah. Remember Titus mentioned abt historical volume that day? That confirmed my volume reading and make sense for me to go short term loh to ride along the stretch. And tun m statement was unexpected but somehow added up the gains lor. Why not ride some gains when Macc has not even called up the two goons kan? Apparently they have not even got the documents yet.