Thursday, January 10, 2013

Stock Investing Philippines - The Money Makers

I did'nt expect the straight three week ascent of the PSEi, I am anticipating a correction since the first week of 2013.  PSEi seems unstoppable, the first liners continues to dominate like favorite SM, PLDT, MBT, BDO among others. 

I noted the quick movements in the third liners like TA - Trans Asia Oil and Energy Development Corp.  This stock have been on the watchlist since the 3rd quarter of 2012, now it's soaring to a whopping 35% gain from the December 2012 close.  Well, this is so because of the companys fundamentals and expansion, cosistent dividends and good management.  For day traders, it's great fun to play and ride.

Another on list is CPG, the ascent and the volume is getting bigger each day, price soar 21% up from the 2012 close.  Is it free to say that second and third liners are the next?  How about SLI? The stock is trading below par.  Shall we anticipate a big swing the coming days?  Look out.

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