Friday, November 6, 2009

Buy Sealink at 0.68 (Avg down)


Enter Sealink with $0.68 today! Average price is now 0.73

Initial plan was to get 90 Lots but until market close, i only able to get 61 lots. sian! haha.. Let see how it will be.

Will keep Sealink for some time until the Q report out, then decide my next step.

Why 0.68? What i'm thinking is:

1) Of cause PE low.

2) Moving around tht price for almost 2 months.

3) Low volume, should be violate 人和 theory.. but it also give confident to me on reflecting the actual situation of the company share price. I will wait for up-coming 人和 by end of Nov ^V^!

4) Average down my price.

For this stock, this is the 1st time i do average, i make it at the share price after -10% drop from my initial buying price. Will i average it again? if another 5-8% i will do another average but will not be a big amount, because i need to keep money for other good counter.. haha

current cash vs share ratio is 30:70.

Capital is small, bo huat.. haha

Good nite

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