Friday, January 22, 2010

Sold off Epure for good


After several days of extreme high volume and volatility, a decision was made to offload Epure from my stock portfolio. It became nonsensical to hold onto Epure further after the stock rose more than 50 per cent in just 3 months and more than 10 per cent in 3 days.

Today, Epure fell from $0.920 and then fell steeply all the way to $0.895 before lunch, before slowly rising to 0.955 by 1630hr. An exciting comeback rally was staged in the final 30 minutes of trading to hit all-time high of $1.000 before plunging and closed at $0.950 at the end of the day. The range Epure "ventured" into is indeed not for the weak-hearted.

I am thankful to have sold off Epure at a reasonably high price, just enough for this semester's school fee.

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