Thursday, May 5, 2011

RiskyAl - 034

Quick Update:

Buy in China Environment @20cents on 3rd May(Tuesday)
Buy in ISDN @16cents on 4th May(Wednesday)

Both reported First Quarter Financial Report after I have bought in the share when market closed. ISDN reported quite a good report and I would expect it to have positive effect on the stock in near term.

Market Outlook:

Have been busy following GE these days and hence didn't get to post much on the blog.
The market started correction at the end of April, especially the pennies. Quite a number of the stocks drop back close to the level during the correction in March 2011.

As mentioned previously, I will release more stocks before May when the price of the stock is right. However, due to greed, I did not follow this strategy strictly and hence, miss chance to sell China Taisan at 18-18.5cents. Now it is back to 15cents range. =.="

As for Market Outlook, generally feel its due for correction, especially for DOW side. However, during this period, I would still look out for oversold stocks and buy in a bit here and there. As I do not short stock, my only strategy would be buy in during this dip again. I will take profit whenever possible to my new holdings.

As for this GE, I would think the man in white would not perform well in terms of percentage vote. Hence, I would believe it would affect the market negatively in short term. Now is more excited over the GE results than in stocks. lol.

Anyway, the followings are my queues for tml.

Queues on Thursday:
743973ISDN.SGISDNOrder Received Sell 0.17 ---=May 05 2011 03:02AM
743959SNT.SGSinotelOrder Received Buy 0.25 ---May 05 2011 02:44AM
743958ISDN.SGISDNOrder Received Sell 0.175 ---May 05 2011 02:44AM
743956DIH.SGDapaiOrder Received Buy 0.15 ---May 05 2011 02:43AM
743955CTST.SGChinaTaisanOrder Received Buy 0.145 ---May 05 2011 02:43AM
743954CEV.SGChinaEnvOrder Received Sell 0.21 ---May 05 2011 02:42AM

HUAT Ah~!

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