My Trading Adventure

Stock Watch : SPSetia

CP TEH
Publish date: Fri, 12 Aug 2011, 06:51 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
SPSetia and SPSetia-wb


SPSetia : This is a so-called leader in property stocks. As the indicators are showing, it is reversing but at 20day-MA resistance.


SPSetia-wb : At 0.80, it is about another 8 cents to reach 20day-MA, which means it is lagging behind.

Question : Is it worth to buy a into a lagging SPSetia-wb at 0.80 level now?

I have recently sold her at 0.99 level and it flew off high. At 0.80, it is deem cheaper now, right? Normally, for warrants, we do check the mommy. Many of the times they do move in tandem, otherwise it will be in money! Hence, SPSetia-wb now is considered as attractive. I do like the lagging factor.

So, the answer is YES ... we could look into to buy SPSetia-wb, friend. Put a stop-loss, anyway ... in case world-market going hay-wire again. Haha. Reversal is more likely as sellers exhausted and many have exited during the panic selling.

Note : This is NOT a call to buy SPSetia or SPSetia-wb. If you are punting into it, good luck to you. If you profit from it, will you pay me anything? But if u lose out in the trade, will you curse me again? Is it fair to me to share with a thousand of the readers here? Anyone feel that they should be paying me something, please let me know. I will collect the tokens and donate it to the church during X'mas donation drive.  Hmm ...

TEH : Someone sent an e-mail and thanking me, stating dont know how to re-pay me for the pointers I shared here. So, I asked him to click on my ads everyday. Haha.
10.50 pm : Haha ... the person is back and trying to compare my blog with Dali's and Sam's blog. Haha ... so silly. I m such a novice, why should you be reading my blog, right? Haha... thanks, anyway. Ok, ok ... I cancel-off the donation part, fair? Hehe.

So, no need donation ... I donate my income(if any) from my ads(how many percent?) to the organisations, fair? Hehe. Nope, I am not doing it for your sake. Whatever I do, it is for my sake. Cheers.



YNWA

TEH
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