Saturday, January 27, 2007

BJTOTO (1562, RM4.64) is worth for a quick trade

My guts feeling this stock is worth for a quick trade, it hasn't move any compare to others blue chip stocks. The upside looks very bright, even if it were to turn south, there is always a dividend to cushion which will be paying somewhere around in April. Worth for a try.




Look at the chart above, high was at $4.98 on 30 Nov 2006 and drifting down after that. At this price should be quite reasonable to enter/accumulate. I would adopt a hit & run approach to ride on this "bull", probably with a higher load this time round as i must agreed the greed has succumbed me right now...he..he



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