Showing posts with label MSPORTS. Show all posts
Showing posts with label MSPORTS. Show all posts

Wednesday, August 11, 2010

DJ down but manage to recover from its low

Last night drop at the opening bell of DJ signals a cautious market towards the economic outlook.  Nevertheless, DJ manage a pretty good recovery from its dip in the early hours.

There are several counters that i'm eyeing and hoping it reaches my target entry price.  I will blog it up when i make a position on those companies.

KLSE didn't do so well in the morning.  However, the current trend seems to be pointing at Red chips, China shoemaker companies.  Xinquan had a very nice stock price increased.  Now seems to be Multi Sports (MSPORTS) turn.  It gained some 10% from it's opening price yesterday and another 10% from today's opening price as at the end of morning session.  The question is do you dare to gamble on it ?