The big question I received from Skype
and email yesterday was what happened
to China Minzhong when it was sold down
to close at 91cts. I don't see any fundamental
damaging financial news and I can only suspect
that it is a one-off occurrence. The same
sell-down happened to Biosenors and NOL
on Tuesday and I believe that it may spill to
other counters as well. It maybe the doing of
a institution paring its holding in the stocks.
If you want my opinion, I am taking this opportunity
to grab bargain again with a mid-long term
investment horizon.
Finally, there is a new IPO on the block with
Global Premium Hotel out yesterday.
There are a few very interesting stats when I
read through the prospectus yesterday and
I will highlight them in my write-up at the
IPO blog. It should be out by next Monday.
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
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