Market View 3 September 2013

A lot of stocks were in a pretty good mood 
yesterday but I believe the main attraction
will still be China Minzhong. Indofood launched
a General offer price of 1.12 to buy those stocks
that it does not own. For the record, I have sold
ALL my CMZ holding stocks to the market yesterday
afternoon. My average selling price is slightly 
higher than the offer price. I decided to take the
profits and move on to the next target. I suggest
that the readers to do so too. A couple of years
ago, CMZ was one of my highly recommended '
stock, and I believe many readers bought it way
below $1, so the profits from the stock is still
respectably well. I don't think Indofood will be
able to get all the remaining 66% of CMZ shares
and CMZ will remain listed after the GO lapsed. 
I will look into CMZ at that time and decide whether
it is worth another investment  in it. 

If you are interested in our local brokerage's stock
call, then go to:
Singapore Stock Reports For You       
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 connect to me at my
email address: stocklobang@yahoo.com     You can also join my Group Chat too.
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