Singapore investors, traders and speculators have been chasing up the three penny stocks: Blumont, Asiasons and LionGold before the three stocks went south; thereafter there were some doubts of the local investors as to whether to chase penny stocks. During the time of their deliberation, Skyone, another penny stock went south, with a magnitude that could rival that of the three aforementioned stocks.
I observe that penny stocks have become more moderately traded after the penny stocks fiasco. Following the penny stocks theme, the next theme I observe for the Singapore stocks markets is the commodities stocks as two key commodity stocks: Golden Agriculture and Noble Group gain some ground up and enter into the top volumes of stocks. Though the stock price rises of these two commodity stocks are not really as convincing to me, I believe their prices are poised to go up; investors are waiting for the ......
