My mistakes on China Gaoxian

China Gaoxian plunged 24% (from 0.25 to 0.19) on a whopping 140m shares changed hand on March 21. In the late evening the company requested for a trading halt, which was called shortly after the company received a request from the SGX about the unusual trading activity. 

From the sharp price decline the natural assumption is that there must be some issues which could be price sensitive that some participants in the market know but which has not been made public to all investors. 

In summary I have several trading mistakes on this counter:

(1)   Entered at wrong timing: I entered on 26^th Jan @0.34 after the stock has plunged from 0.41 to 0.335 (abt 22% drop) within one day and I thought that was a good opportunity to get a bargain.
(2)   Not follow my cut lost rule: when the stock price drop to 0.27 on 16^th Feb which already met my 20% cut lost point but I am still hoping this counter will perform well after the full year results to be released by the end of Feb.

(3)   Buy additional lots when stock is in down trend: I doubled my holding during Japan earth quake & radiation crisis on 17^th Mar @0.225 the averaged down my entry price to 0.285.

(4)   Not exit the market when lost is minimized: on 18^th Mar there is a chance I can sell this counter @0.26 and minimize my total lost to less than 10%. But I am still hoping it will go up further.

(5)   Not cut lost immediately during market panic: on 21^st Mar afternoon when the stock declined to 0.22 (abt 23% lost) I am not cut lost immediately until the stock price finally went down to 0.19 (abt 33% lost).