Wednesday, April 14, 2010
Spring Cleaning On Stocks
Every now and then, we need to do spring cleaning on the stocks on our radar or portfolio. I shall not comment on those we will keep, but I will mention those I "no longer like". I will not be elaborating much on why these stocks are part of the "untouchables" for fear of getting myself into hot and sticky situations:
a) Transmile - good run from 36 sen up to 52 sen, but the vultures are out, creditors seem to have lost patience, get out
b) Etitech - There appears to have been some change in ownership and there appears to a huge stack of stale stock to be sold, get out
c) Measat - Too much too fast too soon
d) TA Global - A dog in sheep's clothing
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