EQUITYOPPORTUNITY

Friday, January 05, 2007

Second liners on the KLSE are coming!

Two days ago, I bought Unisem @ 1.70 and was pleased to dispose of it at 1.91 today.

Am currently eyeing MPI with great interest, though I already have 700 shares of it.

As for index stocks, take a look at NSTP and Airport.

Today, I had a very exciting day on the Singapore bourse, selling some put warrants on the Hang Seng China Enterprises Index at the day high of 6.5c, after buying them at 2.5c, doing an intraday trade on Hang Seng Index call warrants(in at 65c, out at 76c), and taking some other minor profits, reaping a contra gain of S$1,552(including the Unisem gain adjusted with exchange rates), the highest daily contra gain since 1999.


Just an advance warning for readers: some MESDAQ, and most 2nd BOARD stocks are most likely gearing for a terrific last runup before the party ends in the 1st quarter of 2007. This is based on the logic that 2nd and 3rd liners usually bring up the rear in any bull run.

My recent winners on the 2nd Board include Pahanco(B@34, S@43) and Linear(B@45, S@53.5). Sorry I didn't post these tips here, coz I was just too busy trading.

Take a look,amongst others, at Sunchirin, CICB

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