Market View 11 June 2013

STI were up 16 points yesterday but most of
the penny stocks and mid-caps suffered 
heavy losses. We can even see some really
impressive fall from grace in some of the
recent crazy horses. They include: 
Cordlife 84cts -21.5cts or -20%
ISDN 1.095 -24.5cts -18%
Halycon 83cts -15.5cts  -16%
Dukang 60.5cts -2.5cts  -4%
Sinarmas 67.5cts -8cts  -11%
XMH 42cts -3.5cts  -8%
Swiber 73.5cts -3cts  -4%
SinoGrandness 1.40 -4cts  -3%
Some of the above-mentioned stocks lack the
fundamental to justify their share price and it is
high time that they are back to the ground after
all the hype-up. But some like Dukang, SinoGrandness
Swiber and Sinarmas have the fundamental backing
and I believe that they will be back in the limelight
rather quickly again.

I should also highlight a couple of Greens that 
I saw in my watchlist. It is no guarantee that they
will continue to be green throughout but at least
they show strength in a pool of blood, and that is
what I like and prefer.  Some of them are:
Courts Asia 1.02 +2cts
Yoma 99.5cts +1.5cts
Noble 1.01 +1cts
and a few mid-cap like GLP, Ezion and Yanlord.

I believe that the stocks will be firmer today and
hopefully there will be more green leaves this time.

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 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