Archive for November, 2007

The King’s Consent Untold Story – watch 24 series

One week after the largest rallies since 1998 all the print-media reported that Malaysian King (Yang di-Pertuan Agong Tuanku Mizan Zainal Abidin) has expressed displeasure over claims that he and the Palace approved and supported Saturday’s illegal rally in the city. Tuanku Mizan also stressed that he and Istana Negara (Palace) had at no time […]

... written on Nov 17 2007

Take remaining profit from GOOG on expiration Friday

Today is the Friday expiration and options for the month of November will expire after the trading bell. My plan to breach my earlier 486 percent profit record evaporated into this air. Hence I’ve no other choice but to take whatever remaining profit left. And guess what, just after I’ve locked the profit, the trend […]

... written on Nov 16 2007

Paper trade virtually before you trade real money

The closest you can go to gauge whether you’re ready to take the plunge into the pool of real stocks investing or trading is through virtual trading. Call it virtual trade, paper trading, virtual compete or whatever you want but the basic reason is still the same – to prepare yourself what the stocks investing […]

... written on Nov 16 2007

Take money off the table after 1-day of GOOG’s trade

I wasn’t sure if I did the right thing yesterday when I opened a position with the intention to scalp Google Inc. The stock was floating within the range of $660 and $654 for more than 3 hours. Once it breached below $651, I knew the stock was heading south for the rest of the […]

... written on Nov 15 2007

Bored with railroads, Warren found his new toy

Months after playing with his trains, world’s second riches man Warren Buffett somehow got bored with the toys. The Oracle of Omaha continues to sell Norfolk Southern Corp. (NYSE: NSC, stock), Union Pacific Corp. (NYSE: UNP, stock). His empire Berkshire Hathaway announced it has only 4.5 million shares of Union Pacific as of Sept. 30, […]

... written on Nov 15 2007

Telenor reduced stake to 49% in compliance

After announced it would give away RM700 million (in exchange for 10-year period of right for 3G license) to loss-making Time DotCom so that Time can nurse its wound, DIGI.com’s parent company, Norway’s Telenor ASA (OSL: TEL) said it has made a gain of 2.6 bln nkr on the sale of a 10.2 percent stake […]

... written on Nov 14 2007

Bail-Out with a piece of paper worth RM700 million

Malaysia never fails to amuse me when comes to corporate bail out. Not so long ago you have PKFZ scandal but the magic word “soft-loan” solved the controversy. And now, you’ve the white-knight DIGI.com saves the day by bailing out Time DotCom in disguise of an “alliance”. So now you know the “real reason” why […]

... written on Nov 14 2007

Limit Order Triggered Scalp position on PCLN

This is not the first time but just get prepare for it because I’m going to curse myself again. Yeah, everyone did it because the stock market has the tendency to make a fool out of you when you least expect it. So please don’t try this at home because it’s not something healthy to […]

... written on Nov 14 2007

Google is giving away US10 million to developers

All right, the technical rebound is finally here but it’s still too early to see if it can last but at least the 13,000 mark (DJIA) is putting some fights with the bear instead of letting it ripping off the skin of it. This week is the expiration week and as usual the volatility is […]

... written on Nov 13 2007

Broom Award for the Information Minister please

Do you know which news hit the “Most Viewed” of the day from theStar? It’s the “Broom Award” presented by Selangor Khir Toyo to two government agencies for failing to collect assessment above the 50% mark required for 2006. It might sound insulting but in fact it could probably be the most creative (or insulting) […]

... written on Nov 13 2007

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