Wednesday, July 24, 2013

Update on Pick of the Week for Wk30



My previously set sell price of MBT at 114.3 was hit this morning, for a gain of 5.8333%. My pick of the week projection at 5% in a few days is spot on, but Im not sure now if selling early is a good move on a market that is in a confirmed uptrend (index is increasing). Should I have divested, for a greater profit, when index is at 6900 at least? We'll see.

For now... I will reenter MBT at prices below 110. And in parallel, need to divert some attention to its mothership, GTCAP. The conglomerate has been on my wish list for too long, but I cant firm-up and click buy on a right, attractive price. GTCAP's P/E did not go below 15 during even the bloody downtrend.  

Will research more about GTCAP's growth plans. 

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