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Thursday, February 17, 2011

Market View 17 February 2011

Ok, I received a question in the blog comment asking
whether Genting is still a good buy? My answer is that
it is still a good buy as I believe it still has further upside
potential and fundamentally there is no drastic measure
to derail its operation and prospect. It will be a GREAT
buy if you can get it below $2 and an AMAZING buy
if you can get it below $1. I know of readers and Skype
members who bought the stock when it was in the 80cts
to $1 region and are still keeping the stock till now.
When you get a winner in your hand, don't sell it.
Just let it show you how high and far it can go...

Sinograndness opened gap down yesterday morning
and I was expecting to cover the gap between the
54-54.5cts before resuming its up move. Instead the
stock did a wonderful reversal and closed high at 58cts.
It will be very interesting to see whether it will re-test
recent high 61cts and create new high after that.
It will be announcing result on or before 23th February
so the pre-result play may be starting and it is also
going for dual-listing in Taiwan.


Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.


If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山


别人笑我太疯颠,我笑别人看不穿

2 comments:

zarkness said...

Hi there.. Would like to know your opinion on cambridge if you don't mind analyzing... I see some movement there..Thx SSL-King :)

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