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Wednesday, June 18, 2014

Short View on Metro

About 2 weeks ago, I wrote exactly on this blog,"
Next, to put it on record what I told quite many
readers on skype from last week till today.
I told them that Metro is a good buy for short-term
horizon. Take note that I did not say it is a good
contra target now. To me, I am looking at at least
20% returns from Metro in the short near term.
It is still looking very good on the chart and the
only thing lacking is a continual follow-through
volume, which I believe will come soon enough.
When I said that Fraser can reach $2 last month,
there are also many people who don't believe me....
The rest is History."


Then the next day, on 5th June, I wrote,"
Next, we have Metro.  I wrote that I am looking at a 20% returns from the stock with a short-term view. This was what I told many readers who asked me about the stock in Skype. Do take note that  this is NOT a contra trade. This can be considered as a short-term investment with a high return potential. As long as the gap of 96-965cts is not covered, Metro should be on track to head above the $1  mark again and higher it can go."

The best price that anyone can get from Metro
over the last couple of trading days after I wrote
on the stock is 98cts and the worst price is 
99.5cts. Metro burst into into late in the day
and closed a bid off day-high at $1.02
As usual, there are people skyped and whatsapp
me and asked why did it surge, what happen to 
the stock? Then when I asked them whether they
bought the stock, they replied "I wanted to.....",
"I intend to...", " I was waiting..." To me, all these
above "I..." belong to very simply "I Should Have.."

To the readers who are in the stock with an average
price of 98.5cts, your "at least" short term 20% returns
will be from $1.18 onward
To the "I Should Have", I believe that Metro is on 
a good run-up, and although your entry price is higher
now, you should be able to have a decent returns too.
No more "I Should Have" please....

Lastly, can those in the stock from 98-99.5cts  give me
an indication that at least there are readers who took
action.   

7 comments:

Unknown said...

How do we start with investing in penny stocks or stocks in singapore. Do you have any advice and guides for all who are interested?

James said...

Got in at $1, thanks for the tip :)

James said...

How do you spot stocks with such good returns?

kk said...

thanks SL. I entered at 985. taking profit at 1.20. thanks again!

Anonymous said...

Sifu, i entered 95cents...once u voice up

Anonymous said...

Hi Master

Whatever u advise, I sure buy but always with 2 lots as cash limited.
I bought at 96cents so now I'm crossing my fingers. heehee

Anonymous said...

Thanks, I took action at 99 cts

Disclaimer:

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.

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