Shares & Derivatives
Is this stock ready to rally?
By Singapore Stocks Investing (SSI)  •  August 15, 2016
In my blog post of 14 Aug 2016 , I asked readers whether it is a good time to invest in iFast Corporation stock. The reasons are that iFast Corp stock has gone down to near its IPO price and there was lots of buying volume in this stock (due mainly to buying from substantial shareholders). I shared with readers that these two factors are already good buying reasons for some investors. Today, iFast Corp stock rallied by 3.1% to reach a price of $0.995 while intra-day, the high of iFast stock went as high as $1.02. To me, this is a good point to note as the resistance of iFast Corp stock has been $1 for quite sometime. Is iFast Corp stock ready to rally? iFast stock released its earnings report on 29 July 2016 and the results was a 65% drop in its net profits. ......
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Your email address will not be published.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Your Email Address will not be published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