Bursa Malaysia (KLSE) Daily Info Edge Zone
Penny stocks surge up, blue-chips counter drop
Durian Edge
Publish date: Fri, 24 Sep 2010, 11:02 PM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
FBM KLCI dip to 1,451 closing today with high vol but most of penny stocks surge up with also high vol. Look like the big money is changing target from blue chips counter to penny stocks, it likely most of retail investor may already jump in into blue chip so now is the time to take profit by the big money and change it into penny stocks. Gold price going to broken USD 1,300 per oz level so it mean most of the printed money already flow into market.
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