The most questions I received yesterday are
on the hottest stock at this time: Ramba Energy.
A few readers bought last Friday when I posted
"I noticed that Ramba still managed
to surge high yesterday on a reasonably well
volume. The momentum looks to be increasing
as well." Given the stock's "incredible" surge over
the last few days despite the usual official query
by SGX, it is likely to announce a pretty good news.
It is still on trading halt right now, and we shall see
what the company will announce in due time.
Next, I have written a small piece of personal view
on the IPO Tee Land, which public application will
be closed this noon and debut on Thursday.
I will still give it a punt and risk my $2 application fee.
Lastly, I also received many questions on whether
now is a good time to go into Reits which had been
battered hard lately. Personally, I feel that it is good
that they have been whacked as some have once again
reached a "reasonable" price again. I will seek to go
in bit by bit and not buy all at one shot. I particularly
refer the retail and office Reits, and I like the brand name
Capitaland and Suntec.
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
1 comment:
hi bro SL,
I thought I would leave you a comment on geo energy. I have been following geo for a while and it has been 'taking a long break'. it finally started to move yesterday and upon checking with you, you said that it has more chance of breaking upwards. therefore, I entered 40 lots at 43 and sold half at 45. after checking with you again this morning, I sold off the remaining at 47. good profits for a 2 day trade. thanks so much for your advice on the stock.
Cheers!
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