*** Philippine stock picks thread ***

**morrissey_05** · March 16th, 2006 03:24 PM

closing prices of PX and PXB according to www.pse.org

PX - 2.02, volume at 20m (not the value)
PX - 2.20, volume at 25m

congrats sa mga nakakuha

**RedHorse** · March 16th, 2006 03:58 PM

sold pxb too early... den bot PX, buti at napa-early

overall... sayang pa din sell ko ng PXB ko sa laki ng nilagare... grrr!

got some UPM for appetizer... tsalap!

**morrissey_05** · March 16th, 2006 05:34 PM

redhorse,

sabi ng isang book na nabasa ko sa stock market "no one became poor by taking a profit in the market." meaning, ok na yun basta kumita ka. kesa naman malugi dba? advice: try to go for a 10 percent gain sa capital mo. tapos pull out pag na-achieve na yung target.

think of it this way, if you have 5 trades with 10 percent gain each, eh di parang 50 percent na rin yun. ok na dba?

the key is discipline. mahirap gawin pero kailangan.

**RedHorse** · March 16th, 2006 06:13 PM

thanks morrisey... will ALWAYS keep it in mind

**van_wilder** · March 16th, 2006 07:30 PM

Originally Posted by morrissey_05

sabi ng isang book na nabasa ko sa stock market "no one became poor by taking a profit in the market." meaning, ok na yun basta kumita ka. kesa naman malugi dba? advice: try to go for a 10 percent gain sa capital mo. tapos pull out pag na-achieve na yung target.

think of it this way, if you have 5 trades with 10 percent gain each, eh di parang 50 percent na rin yun. ok na dba?

ideally ganito yun magandang gawin... the problem is people cant do it because of two things... patience and greed...

for me kasi, after the 10%gain, hirap humanap ng stocks na kikita ng 10% in a span of two weeks (there goes my impatience)... and sometimes kung naka10% ka tapos di mo bineneta at umakyat ng umakyat... greed naman... haaay buhaay...

sayang pa rin shares ko sa pxb... px at least i got back... akala ko magdidirediretso na kasi ang MIC eh...

**morrissey_05** · March 17th, 2006 04:30 PM

the good thing is that patience and greed can be controlled. kaya naman eh. discipline lang.

if you read "Market Wizards" by Jack Schwager, the best traders are those who can control their greed and have tons of patience.

van wilder,

i get you bro. sometimes i have the same problem. pag out na ako sa isang stock, parang nakakatamad maghanap ng iba. im thinking why i should give up my present holding when i can let the profit run a little. pero madalas na-whipsaw pa ako and profit goes up in smoke hahaha

but in looking for a stock, di naman ako strict na dapat 10 percent gain ako or i look for something else. as long as attractive yung pattern sa chart, PASOK!

**scalpel** · March 17th, 2006 10:09 PM

Hi guys, any interesting tips for next week? Missed out on px, pxb , epci! Sometimes it's hard if you dilly-dally... was waiting for a correction that never came...

**van_wilder** · March 18th, 2006 04:39 AM

you could still get px and pxb... i dont thinks its too late...

**Juan Tamad** · March 18th, 2006 06:26 AM

You can still get in to Philex. Investment house target price for this stock is 3.60 peso per share.

Copper hit a record high of $2.37 an ounce. Most of the earnings of Philex comes from copper.

Other stocks to recommend is Robinsons Land Corp and Petron. Very cheap stocks.