3 tranches of PLDT bought. Noticed the news about the Philippines Competition Commission contesting its purchase from SMC for the extra 700 MHz allocation. Noticed that GLO is going down too. Will buy that at 1600. As I've said elsewhere, I will buy the duopoly any time of the day.
Notice that nickel prices are going down, and so is my huge position in NIKL. I was tempted to sell at the small remaining gain, but opted to stay put for one more week.
In my nimble port though, I sold already NIKL at 7.1 at at modest 5% gain.
Im not observing anything in particular, except the index and the continuous selling from foreigners.
Noticed the IPO plans of Shakey's. I will buy some.
Monday, October 10, 2016
Sunday, October 2, 2016
Trading Diary Workweek 39
Cutloss deep for 2/3 of position in LC at 0.182. Many figures loss. Then it promptly went back to 0.19 levels the following day. Damn you. LC. Can only smile with the wreck Regina Lopez is doing to the mining stocks.
Placed a big bet (10 tranches) in NIKL. Why? You must read up.
It's now showing +5%. Will probably sell at +20%.
Placed a big bet (10 tranches) in NIKL. Why? You must read up.
It's now showing +5%. Will probably sell at +20%.
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