GTCAP is the pick of the week due to the index adjustment favoring this stock. As mentioned here, Im hoping to re-enter at 750 (which served as strong support before). If not, I might enter at any-price-below-800 on Thursday.
I will also be closely watching VLL. It should announce divs soon, and would easily make 5.5 after.
GMA7 might also announce hefty divs soon, giving whoever is lucky enough to buy on the same day an instant +4%. (ABS, no chance, since it is tied up with a covenant of no-dividend higher-than-previously-set with its creditors). There is a question mark though since it is lightly-traded. GMA's price is at currently at its previous lowest/strongest support, furthermore at a cheap 14 forward P/E. But at this volume, it can still go further down. So I guess, it's whether you are willing to hold this stock until the rosy months of Dec - Feb, in case it goes further down after you buy.
All these picks are made, again, on the backdrop of volatility and low volume. Yes, we are still at that environment where +5% is heaven. Volume is low and there are up-and-down tussles even in solid companies. The aim is to just benefit the volatility, sell in a few days. In fact it is better to just stay out.
Our kinds who still participate in these conditions are probably just after that fulfilment and entertainment in getting +3-5% in days, rather than solid assured portfolio growth. For this purpose, GTCAP, VLL, GMA7 could be good picks (for short-term only) this week.
Lastly, as we've been saying since June, never all-in.
p.s. The Consunjis and the Aboitizes are known to defend their stock. I was also about to choose among DMC, AEV, AP, and SCC to take advantage of their buying. But all four already have significant increases yesterday. They might have bought already (wait for the disclosure), there might not be a quick +3% in the coming days.
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