Monday, November 22, 2010

Nickle Asia...Again..

I hate to see IPO price drops when you are expecting it to hit the ceiling! It goes as far as 19+ but retraced back to 16.50! Foreign are selling in the first day! Let us hope those that bought at the bottom would be able to profit tomorrow -(calling JAP). Personally, I think there still steam left for this stock. It would be easier for jockey to push up the price since the price is not as expensive as CebuPac and the closing price is setup for another round tomorrow.

As of 22 Nov 2010
Foreign Buying - 2,648,442,189.00
Foreign Selling - 3,138,617,735.52

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