Wednesday, February 27, 2013

Contel Corp - A Trendsetter

What a day! And I just got home. As I mentioned earlier this morning I had a chat with one of my oldest student last night, telling him that Contel was going to breakout today! Therefore, first thing in the morning, I knew I had to be the FIRST one to buy Contel before the public sees it. I must buy BEFORE the BBs conduct their rally before it's all too late. So at 9.01am, I was the first to load up 1000 lots as you can see from the time and sales. Thereafter, there was a lot of selling to scare public but more BBs are buying secretly. Then at 9.09am, finally the BBs showed their true colors!!!

Heavy buying started to exude and finally the price went through the 0.1 level and that's where I unloaded so that I can go for my meeting! My senior student was of course better, he held it all the way to 0.115 before unloading his 500 lots of Contel to secure his $10k SGD profits.

Coincidentally, I received a Contel Contra statement from DBS Vickers for my Contel trade done last week as shown below.

All in all, it was a good day meeting people and a happy day in the SMMG Club where students made money from my calls. To see the smiles on their face is something that money cannot buy!

Ronald K - Market Psychologist - The Big Speculator