EOD Update (16 Mar 2006)
LHH took a nosedive ... I'm probably committing financial suicide but in view of last 2 quarters' earnings announcements, it's unbelievably cheap at current prices. Just can't bring myself to chop it off.
As anticipated, GPACKET finally made a strong move to 2.40 before settling down to close at 2.33 (up 16c for the day). Hope it's not another false breakout, too many of those already recently.
Latest purchases:
HIAPTEK: +5,000 (0.73) ... Total 15,000
LHH: +2,000 (2.17) ... Total 4,000 (Might still drop some more...)
QL: +3,000 (2.65) ... Total 3,000 (Finally pulled trigger after monitoring for a long time)
/ichithekiller
posted by ichithekiller @ 8:18 PM
2 Comments:
Chicken stocks fundamentals have worsened.
Last 2 quarters had no bird flu, good chicken price, a few major festivals and low chicken feed.
Recently all those factors have reversed.
Thanks, I am out already ... 'tho I think feed prices are still ok, but no use hanging on with all this bird flu risk...
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