Results 631 to 640 of 972
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December 6th, 2011 10:48 AM #631
LC and LCB are under voluntary suspension until further notice starting today. Good thing I didn't sell all my shares...
http://www2.pse.com.ph/html/disclosu...11-8417_LC.pdf
http://www.goldfields.co.za/presenta...ng_remarks.pdf
LC will blast to the stratosphere because of this news...hope it hits past P 2.00.
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December 10th, 2011 11:29 PM #632
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December 15th, 2011 01:44 PM #633
LC headed south...
Lepanto Consolidated Mining Company (LC/B) To Wilt?
The shares of Lepanto Consolidated Mining Company (both A and B) have been amazing in 2011 as they delivered gains of about 300%. Improving company propects, buy-ins from a bigger company – Philex, and the jump in gold prices, have generated a lot of support and push for the company’s shares. However, the latest drop in commodity prices and the unwinding of huge funds could weigh in on LC and LCB.
Technically, the A shares of Lepanto (LC) have risen back to its former high at just above PHP 1.80. However, it appears that LC has been having a hard time moving above this resistance. A bearish divergence from the price action, volume, MACD, and RSI can also be seen. On the fundamental note, the 4% slip of gold yesterday (December 14, 2011) down to below $1,600.00 per ounce could likewise cause some selling pressure on this gold miner. Profit taking action by investors as the year comes to a close could also cause its support to shrink. In any case, if a correction happens, its price could fall back to PHP 1.60 or even to PHP 1.40 in the near term.
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December 15th, 2011 03:26 PM #634Contraction in global gold prices bearing down on the local mining industry. LC closed lower at 1.61 on relatively high volume possibly driven by sentiments as gold prices go south alongside a weak dollar. Hopefully, things will get better as remittances come in towards the Christmas holidays to boost the dollar.
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December 15th, 2011 04:18 PM #635
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December 16th, 2011 10:36 AM #636oops. oo nga noh. hehe. thanks for the flag sir uls. i stand corrected on both counts. i should have meant the converse.
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December 27th, 2011 04:03 PM #637
Anybody willing to share stock trading materials/books/etc.. o I can fastrack my stock trading knowledge?
I've opened an account in citiseconline and been watching those citiseconline/pesosandsense videos in youtube but I feel I still need to learn more.
TIA.
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January 13th, 2012 05:43 PM #638
record high ang stocks ngayon. will the impeachment trial affect the investor ultimately affecting our stock market beginning next week?
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March 27th, 2012 06:13 AM #639
i have been interested in stocks/equity trading since i was 15 y/o. i studied both technical and fundamental analysis but found the latter better in producing outstanding returns. when my father passed away in 2001, i managed our stock market fund. i was on line trading from the opening bell to the closing bell. i barely made a profit so in 2005, i divided the fund equally. half went to purchase stocks and traded using charts and technical analysis. half went to purchase stocks using fundamental analysis for long term investing.
fast forward 7 years later, year 2012. the result: my trading account (using technical analysis/charts) is down 15% but my long term holdings ie LPZ (formerly BPC), DMC, SCC were up almost 1,000%. my worst performing stock was AT, which "only doubled" in stock price from P9 to P18. my long term holdings is up almost 700% on average. In a way, yung Pisong investment naging Seven Pesos after 7 years.
i just liquidated 95% of our stock holdings 2 weeks ago for 3 reasons. one, we are in a middle of a huge real estate transaction; two, i feel that the market is near the top and finally (albeit minor reason) we need a 7 seater SUV so i have to free up some capital. just bought a 2012 Pajero BK last week, hopefully delivered to us this week.
i used to be an active member of a stock trading forum but i stopped visiting the website because it promotes/prefers trading to long term investing.
Bottomline: Long term investing is the key, not trading stocks BUT you have to know the fundamentals of the company you are investing in. remember that almost 95% of stock traders lose money. also know that stocks/equities are cyclical in nature following economic cycles. im 100% sure that i wont be able to replicate my success if i buy now because im pretty sure we are already near the top of the cycle. im just waiting for the bubble to burst. i may be wrong because its very possible that the Phisix (Phil stock index) could reach 5,500 by year end but a profit is a profit.
If someone would ask me what to buy at this point, Semirara (SCC) would be a good bet considering its future growth, monopoly and handsome dividend (rumor is by middle of the year for 2012)
Good luck
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March 27th, 2012 10:16 AM #640Originally Posted by jon777
Hi sir! Question lang po baka may idea kayo. 1994 GLXi Lancer Itlog 4G92 - about 10yrs na rin na...
LANCER Itlog (93-96) Owners - Please Post Here!