Monday, February 15, 2016

Rhyming in progress - Interesting to watch

I had written about a trading idea regarding Metro Holdings Ltd. a while back.

The link to the old post is here.

http://sgx-stocks-sti.blogspot.sg/2015/10/metro-holdings-will-recent-history.html?m=1

Metro today is closing at 95 cents.

In terms of falling to around 80 cents by Dec 2015, that did happen.

Now, one has to watch whether the second part of the rise to $1 happens.

Chances are it should happen by May 2016.

Disclaimer :- 

I am not an investment professional.

I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.

Nothing written here is an invitation to buy or sell any particular stock.

At most, I am handing out an educated guess as to what the markets may do.

The market will always find a new way to make a fool out of me (and maybe, even you!).

Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.

I am not immune to that, so please understand that any past success of mine will probably be followed by failures

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