EQUITYOPPORTUNITY

Thursday, January 30, 2025

Live Streak : Poh Kong opens the salvo for the 1st trading day of the Lunar calendar {31st Jan '25}

     What was originally a tiny position of 800 shares costing in the low 80c range was unfortunately raised to 1,300 at $1.1539 in expectation of a bullish up-move after an apparent pennant consolidation, bolstered by gold's ascent. Instead, Poh Kong's stock tumbled back to the 93c mark as the futures price of its main commodity fell from a peak of just over US$2,800 to US$2,541.50 on Nov 14th.



     Today, it synchronistically becomes scorer #13 in the Gregorian year of 2025 with a paring down from 2,503 shares at $1.01 [ and further sales at the $1.02 closing] that barely covers commissions but upholds the record marathon to 1,118 continuous sessions! This is despite being a mild disappointment at the lethargy of the stock despite the yellow metal  futures soaring in price overnight to a fresh peak of  US$2,859.50.  

54 FULL months is what the streak boils down to this Friday!

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