It has been a while since I last wrote something. The financial market is hit by double worry, Euro debt problem plus slowing down US economy. I guess it will be a while for the market to sort out the direction. Therefore, I have took the pain to cash out on some of the holdings on loss. In hope that to avoid the volatility and able to buy it back at lower level. Chance for market to go down further? I think it is bigger than market make a u turn immediately. So, finger crossed, the politician is able to come together to finalise a good plan to revive US economy.
One of my holding C&O has cash offer from Shinogi. I have accepted the offer, in the view that the share won't be able to move higher in near future. The stock's key draw is the wide distribution network ......