Wall Street KLCI

The party is coming to end soon

Wall Street KLCI
Publish date: Fri, 17 May 2013, 03:15 PM
Wall Street KLCI
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THIS BLOG IS RELATED TO OBSERVATIONS REGARDING STOCKS TRADED IN MALAYSIA. DISCLAIMER: THE COMPANY ANALYSIS THAT APPEAR IN THIS BLOG IS MERELY FACTS GATHERED FROM DIFFERENT SOURCES AND THE AUTHOR'S PERSONAL VIEW. IT IS NOT A BUY OR SELL RECOMMENDATION. THE AUTHOR DO NOT GUARANTEE THE ACCURACY OF THE FACTS BEING PRESENTED. PLEASE CONSULT YOUR INVESTMENT ADVISORS BEFORE ACTING ON ANY INFORMATION PROVIDED BY THE ANALYSIS ABOVE.
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What does it tells you when out of the top 20 most active stocks, ALL OF THEM are penny stocks? (i.e. less than RM1.00)?

Yes, the party may come to end soon...

When I say soon, it means between 1 week to 1 month.

Fundamentally, 1Q GDP of 4.1% is already below market expectation. But the power of liquidity is still very great at this juncture... Let's see how long this liquidity factor can support the market...

This is the market snapshot at 3pm 17-May-2013....


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