Saturday, May 7, 2011

Scalp Trades Dated 5/5/2011 - 6/5/2011


1. Scalp trades :-
5/5/2011
TM-CM - sold 0.255
AMFIRST - bought 1.20

6/5/2011
ATRIUM - in 1.07, out 1.08
AMFIRST - bought 1.20

2. Bursa-CP last trading day fall on 12/5/2011, which mean we would need to start tracking the mother share price movement starting on Tuesday (10/5) and Wednesday (11/5), the deciding factor should be on Thursday (12/5) in which we would know at least whether it is worth taking in for some cash settlement profit. As for now, it seem good and promising but it is yet to see how the market fair. Will start blogging up on Tueasday (10/5), will see if we are in the road to Wembley.

3. Come Monday (9/5) a corporate exercise by Citigroup to reverse split 1 for 10. Which mean every thousand (1000) will turn hundred (100). :( Good or bad, no one know. Hopefully this exercise is not giving more room to fall.
smilie



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