Friday, January 17, 2014

EuroSports GBL - Gap Up Then Down






During the seminar last Wednesday, one participant asked me about what would happen when Eurosports start trading on the opening day which is today. My answer was it would gap up from IPO price and thereafter there would be people selling. Car industry is something new in Singapore and the interest may die down as it's not like the oil, shipping or property industry which already have history and some fundamentals of being listed in the exchange. MoneyMax the pawn shop industry and Mary Chia the beauty industry suffered the same fate. As of now Eurosports is suffering reactions! From 0.36 to 0.305!! If you attended the seminar last Wednesday and witnessed my outlook, kindly click cool or interesting.

http://stockmarketmindgames.blogspot.sg/2014/01/live-execution-by-ronald-k-110-people.html

Ronald K - Market Psychologist - The Big Speculator