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
别人笑我太疯颠，我笑别人看不穿
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