Market View 30 March 2012

Ok, I received the following emails yesterday
and I am sharing them here.

"Hello,

Not sure if you managed to receive my previous email,

but good call on cordlife. the stock has rocketed off. 

Can i find how you came to the conclusion that cordlife

was a good IPO. Could you share the important information

you look out for in an IPO ?"

 

If I just say that because it is the first IPO of the

year so I believe that it will be hot. Will my answer

be OK to the readers? 

Well, frankly, I have done my research on the 

company. It belongs to the medical sector and from

the recent medical stock listings, you can see that

they are very well-received. They are also given high

valuation when they are listed, that is why I am very

confident that the stock will be the star when listed

and I stated my view in the blog even before the 

application ended.

 

Next, I did not get the stock from the ballot so I

have to buy from the market. And no, I did not sell

at the high at 79.5cts. I believe that the stock will

face strong resistance above to 70cts as based on

the closing yesterday, there are so many stuck

from the day-high of 79.5cts to the closing of 68cts.

I will watch the show from the sideline.

 

Another encouraging email that I received yesterday

 

"Hello Mr. SL,
How have you been?
I have truly learnt a lot of information from your blogposts.
And I would like to Thank You for the information that you 

provide for free on the net where no one does it.
I really appreciate your efforts in trying to help everyone 

and sharing your vast knowledge.
Since then, I am motivated and decided to be something 

different and made you as my goal and have started to get

myself related to investing activities."

 

I am glad that there are readers who appreciate my work

and effort, and I will continue to be around in the cyberspace

to share my views and knowledge to those who read and listen.

 

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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