Tuesday, August 25, 2009

Possible short term stock gain

Below are the buy recommendation based on my personal analysis for your consideration and reference . Please exercise cutloss in the event of adverse market condition.

  1. Yongnam: Buy at 0.31, sell at 0.36 or when price touches 10 simple moving average
  2. Bayan Tree: Buy at 0.96, sell at 1.05 or when price touches 10 simple moving average
Purely speculatvie or gambling, can try to buy SUNMOON at 0.005. Try your luck to sell at 0.01 everyday. Potential profit of 100%. Pls do not use contra trading for this counter as you would need to hold to make money. Do not place a big position on this counter (recommended to be below $3,000). The max price for this share is most likley 0.01 only so do not try your luck to sell at 0.015. The rationale for buying this stock is to rely on the bull trend to attract speculator of penny stocks to come in and push up the price of this counter.

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