Monday, July 18, 2011

Scalp Trades Dated 18/7/2011


1. Scalp traded the following today :-

AMFIRST - sold at RM1.19
PCHEM-CC - sold some at 0.23sen, bought in more at 0.22sen - 0.225sen

2. PCHEM has been steady today eventhough market has been sell down quite drastically and drop -14.67 points, if tomorrow PCHEM price remain at current level, then very high chance we will make money for those who collect starting from price at 0.225sen. PCHEM at RM7.06, the CW PCHEM-CC will worth around 0.233sen, thus, 0.233 - 0.225 = 0.008sen profit here. Not too bad, with 100000 units of PCHEM-CC only cost about RM22500 will have profit of RM800. for those who collected even lower price than 0.225sen, your profit will be even higher. :) Judging the down side risk is low and almost a sure win bet, i intend to collect more tomorrow and my target is to accumulate 5K lots, this in turn will give me > RM4K profit. :) Still OK right ?? All the best to all and good luck.

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