Friday, March 31, 2006

queue to buy 203

When I have money in my stock account, Im always too itchy to buy stocks.
Im starring to buy 203. Some transactions done at this level, so I queued at $3 together with 240 other "friends". But finally it was not successful.

Today is first day on market for 2626 (湖南有色), this stock is doing 稀有金屬 and is a leader in its market. The future seems bright, but I dunno it is worth buying at current price ($2.85). I guess it can see $3, afterwards unpredictable.

well done, my boy 2899...

Good results, Gold surge and upgraded review by brokers all support 2899 to raise further. It goes up another $0.5 (8%) today and reach $6.1 today.

Dad ask me when will I sell my stock, I said I dunno, would wait until Gold sees USD $600. A month ago, he kept saying Im stupid not to sell 2899 when its $5.x, at that time the stock price has dropped to around $4.5 followed by the Gold adjustment. Now Im happy to show him Im not stupid, haha.

Gold has been up and down at the $540 - $560 for a long time, 2 tops has formed at $574 already. I was worried whether it will formed a 3rd top this time, but it has surprised me and keep going up and break $574 this time with ease. Next target, $700 ? Im really not sure...

So much good news supporting the price of 2899, and many brokers set the target price up to $6.x or even $7.0. I bought this stock at $6.65 years ago, now it is coming home, after 2 times of 1 into 2 split up... hor hor hor

Thursday, March 30, 2006

oh... yes...Im king of the world !!

Just kidding... but today is a great day for my stocks.

The Gold mine stock 2899 just announced a beautiful annual report, increased a little interest giveout, and 10 plus 10 new stocks issued. That means the overall stock inventory would be doubled while stock price halved. This had happened to 2899 twice already. The smaller price it is, the easier it is to fry up !

Also with the help of the bull run of Gold at recent days, 2899 climbed +9.8% to history high of $5.6. After a few weeks of rest, Gold decide to surge again from $550 to $586 in just half a week ! My prediction of Gold reaching $600 is very likely to happen very soon. Im so happy about it, and decide to buy something as gift for myself. Then I went to computer center afterwork and bought a cheap wireless router at $255.

hahahahhaha !!!! Im young god of stock !

Wednesday, March 29, 2006

Dropping day

Today is a dropping day. DOW dropped by 95 points last nite, Asian markets followed and drop significantly. But Japan nikkei bounce back and gonna test 17,000 very soon.

2628 drops by 2% to $9.85. 中壽股東配股套現近10億港元 @ $9.75-$9.85. It is a small amount with 0-1% discount only. Hopefully it would not be affected. On the other hand if the price can keep above 配股價, it would be a good supporting line in the future.

Gold drops back during Asian market section back to $560. Gold stock 2899 drops to day low $4.925 and rebound to close at $5.1.
Annual report announced with +68.5% increase, and $0.08 interest. Personally Im not very satisfied with the interest. But the stock price has 200% increase this year already. Who cares about the interest when compared to the stock profit that it brings !

Gold price testing year high of $574 again. If success, test $600 line, otherwise, triple top confirmed and another decline would be coming, or running in a narrow range of $540 - $560 again.

Tuesday, March 28, 2006

Another good day ^.^

HSI rised because of the surge of #941. It has broken $40 and close at $40.7 today.
But CEI drops 42 pts on the other hand. Luckily, my major stock still performs great.
2628 added another $0.15 today, close at $10.15
2899 added another $0.1 too, close at $5.15

It is always wise to buy on stock but not buy on index. You can only bet on index using warrants, futures or options. All of them are very risky products. I have tried all of them and ended up with a big loss. The lesson tells me to avoid them and never touch them again. Remember, it is gambling, not investment.

Invest on stocks seems less profitable and need more patence, but if you choose the right one and wait, the reward is often double or triple !

Monday, March 27, 2006

A nice rise today

A nice rise today:
HSI 15,815.87 (+99.41)
CEI 6701.64 (+101.39)

2628 = $10
2899 = $5.05

Gold price keep rising these 2 days, from $550 last Friday to $565 today.
Time for 2899 to catch up and climb to a new high... gogogo !!
2628 has already reached my target price ($10), still tends to go upwards.
I shall set a cut win price and let it flies to the sky!

My profolio

My profolio:
280 @ $0.67
330 @ $57
2628 @ $6.05
2899 @ $1.6625
728 @ 2.725
753 @ 2.98

Sunday, March 26, 2006

Greetings~

Greetings~

I will share with you my trading and ideas here.
I will not give any advice to buy any stock, but I will just post stock related information here. The decision is always in your mind ~