Shares & Derivatives
THE MIDAS TOUCH (NO MORE?)
By Singapore Stocks Investing (SSI)  •  December 9, 2017
Dear readers, yesterday, Midas stock was the second most active stock but it was for the wrong reason. Midas stock went south by a whopping 16% and close the trading day at $0.092. Compare the latest closing price to the price as of the first trading day of year 2017 at $0.215 and indeed Midas stock has headed south by more than 95%! What has happened to Midas stock? Well, I myself am not vested and am not interested to find out more. But what I think of Midas stock performance is that considering Midas stock was previously regarded as a more well-run and reputable of the S-chips lots of stocks here on SGX. And also with some analysts giving an earlier Buy call for the stock. Seeing how Midas stock has reached this low could only lend to the belief for investors here to shun away from ......
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By Singapore Stocks Investing (SSI)
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