Wednesday, February 2, 2011

Scalp Trades Dated 2/2/2011


1. Today's scalp trade as follows :-
Kencana-CC, in 0.52, out 0.525

2. Stareit ex-date today. Up 0.15sen to 0.865. not bad not bad. :)

3. Genm closed at 3.38, which mean with the 5 days weighted average price ending today that will give us a Genm's weightage closing price at around 3.28, that will bring the Genm-CL worth price at around 0.071sen. :) My purchase price on Genm-CL was at 0.055sen, that will represent a 0.016sen profit. :) Not bad. 0.016/0.055 = 29% return. wow !!! in such a short period of time. :) 

3 comments:

davors said...

wow... genm-cl is a nice call... ^_^

next? mahsing-ca? think now at zero premium... (3/feb/2011)

horse said...

davors,

mahsing-ca, trading with -ve premium :) will monitor closely on Monday. Trading warrant is a momentum game, if mahsing don't move just stay away.
Just hit and run when playing warrant, try not to keep overnight if possible. I am adopting scalp trades only during bullish market else better stay out. I am not sure when i am gonna hit one day, be very cautious.
Thanks for the call on Mahsing-ca, will keep an eye. Till then Happy trading & Happy CNY.

Anonymous said...

Sold RCE capital at 55.5-56sen, realize contra profit first :D)

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