Divest NOL

Today I've divested from NOL after almost 2 years. I've made a loss of 1K and have vested the proceeds into Sheng Siong to increase my holdings with them.

There are some lessons I've learnt from holding NOL (applies to me but may not be applicable to other people):

• Never invest in an industry that I do not understand well.
• Never buy stocks that do not give dividends.
• Never hold on to a stock for too long, hoping that it will rebound if I have better opportunities to generate returns elsewhere.
• There are more people in forums interested in discussing about a stock that is not doing well than those that are doing well and gives good dividend yield.