Wednesday 28 September 2011

Wednesday after hours report

Well well well! I'm feeling pretty smug right now. Markets down again because of Greece (which, btw, I'm pretty sure will default).

THI:  As previously mentioned, I suspected it would go down after a short burst upwards and this has happened! Hopefully no one held this longer than necessary. Remember, if you see a 4% gain in a day, take some profits! Still, even had you held, the gains since Monday are 1.22%, not too shabby.

DOL: The trend continues! Again, I suggest to hold it though it may temporarily go down in the coming days. I suspect it'll readjust relatively soon so maybe scaling out is a good idea in order to buy down your position when it does head lower. Currently, the stock has risen 3.93% since the pick was made.

AC.B: No surprises here, haha! Back down to 1.32! So if someone had bought at the Monday open as stated, a nice profit would have been made. I would personally get out if your holding fees are high. If not, then hold on for a bit more cuz this one is most likely heading lower and lower to the abiss. the stock has dropped 5.05% since Monday morning, so this has become a winner. Of course, if you bought a few minutes after the open, your gains would currently be around 2-3% gain or worst case scenario, flush.

One new pick:
ORT.A: Lost 16% today. I love this stock but it's been definitely on a downtrend lately. The drop is exagerrated though, so given the volatility of this stock, I suspect it'll bounce a few percentage points within a few days. Currently sitting @ 1.63$. Let's see what happens...

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