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Wednesday, November 28, 2012

Market View 28 November 2012

Ok, needless to say, the main market action yesterday
focused on one stock, Olam. The stock suffered a
strong selling after the report by Muddy Waters was
out and called for Strong Sell on Olam. By the way,
Olam requested for a Trading Halt this morning pending
release of announcement. I believe that Olam is going
to defend its ground vigourously and rebuke what was
in the report. I continue to view the current selling as a
wonderful opportunity to pick up the stock at a great
discount.

If you want to read the Muddy Waters' report, go to
http://www.muddywatersresearch.com/research/olam/initiating-coverage-olam/

 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 

人笑我太疯颠,我笑别人看不穿     

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Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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