I bought 2,000 MPI shares today. I think it is still one of few stocks that are safe for long term. It is a defensive stock and even if you missed or was not able to sell at the peak, you will not be worried. The only thing that sometimes frustrate me is that the ascent of this stack is so slow. Even almost all of the stocks are shooting up - it is still crawling on the way up but diving on the way down. But I believe MPI will have its time - so I better stick with it.
My favorite stocks now are CYBR and ELI. I don't know why but my mind is telling me to follow my instinct.
Friday, March 18, 2011
Wednesday, March 16, 2011
BEL Price - Not Yet
I am still hoping that BEL would slide down a bit for me to start buying. I think 4.60 would be the best price to enter.
ELI and CYBER still holding to yesterday's closing price. But volume is low. They are still for the risk takers. Although, I am tempted to buy today but small voice in my head tells me to wait until tomorrow. Maybe he is right?...
After Japan, now its Bahrain. More OFWs are now coming back to Philippines. Without prospect of getting a good job - they will become one of the many problems the government need to address. Hopefully, PiNOY would be able to find the correct formula to alleviate the pressure our country is experiencing due to international economic turmoil brought upon by middle east crisis and Japan natural disaster.
MPI next stop - 3.20!
ELI and CYBER still holding to yesterday's closing price. But volume is low. They are still for the risk takers. Although, I am tempted to buy today but small voice in my head tells me to wait until tomorrow. Maybe he is right?...
After Japan, now its Bahrain. More OFWs are now coming back to Philippines. Without prospect of getting a good job - they will become one of the many problems the government need to address. Hopefully, PiNOY would be able to find the correct formula to alleviate the pressure our country is experiencing due to international economic turmoil brought upon by middle east crisis and Japan natural disaster.
MPI next stop - 3.20!
Tuesday, March 15, 2011
Sell or Buy
It's been a while since I last added entry to my blog. I been busy with work and doing some interesting stuff but still trading... and still hoping.
Tragedy sometimes really pours like rain. Middle east crisis (those freedom fighters, democracy lovers), New Zealand earthquake and now Japan earthquake and tsunami. I feel nervousness in the air. I feel that market will still slide down - question is why it is not as fast as I think it should be? Maybe, investor think that the economic impact of these events can be compartmentalize. Meaning, the effect can be contained within the affected countries. Or maybe, they don't realize yet the possible impact of Japan's crisis to the world economy.
Japan is the 3rd largest economy, only second now to China. According to some analyst, electronic industry will be affected in our country (I am not sure how it will affect those kind and sweet Japayukis and Bilog). Some politicians says that Japan soon be cutting back aids to us (those crazy politicians...). In simple word, Philippines will be affected (we are always affected when other countries hit some problems).
But as investor, I think it is a great opportunity for me to look at my portfolio. Maybe its time to buy those that I think would be flying comes better days. So, I bought CYBR and ELI then cross my fingers.
Tragedy sometimes really pours like rain. Middle east crisis (those freedom fighters, democracy lovers), New Zealand earthquake and now Japan earthquake and tsunami. I feel nervousness in the air. I feel that market will still slide down - question is why it is not as fast as I think it should be? Maybe, investor think that the economic impact of these events can be compartmentalize. Meaning, the effect can be contained within the affected countries. Or maybe, they don't realize yet the possible impact of Japan's crisis to the world economy.
Japan is the 3rd largest economy, only second now to China. According to some analyst, electronic industry will be affected in our country (I am not sure how it will affect those kind and sweet Japayukis and Bilog). Some politicians says that Japan soon be cutting back aids to us (those crazy politicians...). In simple word, Philippines will be affected (we are always affected when other countries hit some problems).
But as investor, I think it is a great opportunity for me to look at my portfolio. Maybe its time to buy those that I think would be flying comes better days. So, I bought CYBR and ELI then cross my fingers.
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