Shares & Derivatives
This stock headed south today …. as I have predicted
By Singapore Stocks Investing (SSI)  •  September 3, 2014
This stock headed south today …. as I have predicted On 30 Aug 2014, I posted a post on Singapore Stocks Investing in which I expressed my surprise that a stock could actually rise by 28.3% to close at $0.118 from $0.092 (on 28 Sep 2014) on 29 Aug 2014. The aforementioned rally was against the back of a report which I read and which I interpreted should have sent the stock heading south instead. I also talked about how this rally in the stock’s price was on thinly-traded volumes. On 2 Sep 14, the stock headed south by 7.6% and today, this stock headed south by another 16.5% to close the trading session of today (3 Sep 14) at $0.091, which was really 1.08% lower than the closing price of 28 Sep 2014. Hence if a retail investor entered into the stock ......
Read the full article
By Singapore Stocks Investing (SSI)
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance