Good things come to those who are patient and they often come in spurts. I noticed that some of the stocks in my portfolio have experienced some ‘growth spurt’ in their stock prices in recent days.
Although I am happy but I do understand that short term volatility does not really mean much. Not sure if the stock prices will remain at the higher level for long term though. Am not really a trader…
Ultimately it is their earning growth and fundamentals.
Nevertheless, let’s take a look at them. Enjoy the good times while it last. :p
SMRT
One of them is SMRT. After the announcement of the buyout offer by Temasek, shares of SMRT Corp rose sharply after they resumed trading on the Singapore Exchange on 21 July 2016.
The stock was trading at $1.495 on 8 July 2016, and on 12 Aug 2016 it was trading at ......