Friday, December 11, 2015

Jumbo - Hype Converted to Lelong Stock





As I blogged earlier on the bearishness in Jumbo this morning, towards market closing, more sellers emerged and continue to dump this counter. Normally for IPO stocks, it usually starts with a hype and ends with a bad support. So for this counter, the hype was Temasek Holdings and Ron Sim buying into it and now with the current market condition, the stock has no choice but become a Lelong stock and suffer selling. Click on the link below and see Temasek Holdings and Ron Sim's purchases and also my earlier bearish post on Jumbo.

http://stockmarketmindgames.blogspot.sg/2015/12/jumbo-insiders-temasek-holdings-buy.html

http://stockmarketmindgames.blogspot.sg/2015/12/jumbo-look-whos-dumping-shares.html

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Ronald K - Market Psychologist - A Stock Market Opportunist