After selling all NOL shares yesterday at S$2.12, I bought back them at the price of $2.08 today. I was speculating a fall in the share price after morning's financial report announcement despite of an expected upbeat result. Local investors tend to buy in anticipation and pushing up prices before actual real good news announcement. It seems to be true again this time round, with NOL's share price fallen more than 3% despite beating economists' estimates in earnings report.
Fighting with the psychological minds of investors is interesting! I've got my buy/sell transaction costs for my earlier batch of sale covered with this buy! Yippee!
Subscribe to:
Post Comments (Atom)
Popular Posts
-
新加坡人口400万，亚洲人口4亿，全世界人口6亿。 但是，我一人可能就很有可能是世界最傻的了。我真是个不折不扣的大木头。真是受不了自己。
-
If you are working with PowerShell and need a fast way to list all files in a directory, including those buried in subfolders, this one-line...
-
I was at Bugis Junction today and saw 蘇打綠 (Soda Green) performing. They look so much different especially the lead singer. I find their song...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.