Wednesday, December 10, 2014

My buy posts have been hit! My buy posts have been hit!

Im writing for posterity that my bid posts at AGI at 24 and 23.5 (one tranche each) have been hit. I will accumulate this stock at every one or two peso breaches, even if it tumbles down to 10 PhP per share.

My buys were also hit in MBT at 81 and 80.3. Let's see how hard this bank will be hit again. I bought and bought here last year even if it went down to 70 - 72 range, and then only began selling when it neared 80. 

My add (main port) at 1.50 in FLI  were also hit. I also purchased (comeback) FLI in my nimbler port at 1.51. FLI is a decent-dividend paying property issue, so I will buy and buy even if this goes below 1 peso. 

I placed buys in TEL at 2700, PGOLD at 36.1 and 37.3. 

Looks like the cash position that I rigidly kept will be put to good use use in the coming days. Im not minding much the oil price angle this round that's supposed to be pulling down prices of equities worldwide. Will just need to concentrate on a few favorite, fundamentally-sound, preferably dividend-paying stock. 

If youre short on cash position, it could also be good to cut loss and dispose of your speculative stocks now. The fund could be put to good use somewhere else. 

Noticed that BLOOM went down 9%, MPI back to below 5, SMBPH back to 16 again,... hmmn. Need do a deeper study, sifting, and hunting during the weekend.  

For now, I need to go back to work. Day job beckons. 

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