Pick of the week is still SECB

I cant have a read the bazuras that are riding high today (e.g IS, MRC), and Ive been disciplining myself not to play with them since getting stuck for a long time--although eventually profiting--from SGI and the likes last year. Unless one has inside information on these companies, we can never really be sure. It's just a dangerous bet to enter without any business info at all. Speculators (modern day thieves) still roam the Philippines stock market and they are unafraid. They wont get caught. Our SEC is toothless and policeless as usual in the PSE.

And so Im staying with SECB as the pick of the week. I think this will attempt to breach again (for the nth time) 129- 130. Add the foreign buying support, SECB could pull away convincingly this time. This is still a bet, but at least we have the fundamentals of SECB to fall back to, just in case the bet's timing is still not right and ripe.