Friday, May 13, 2016

Yanlord - Chart Has Sellers, Shorted and Covered




On Jan 15th 2016, the Yanlord CEO increased his stake in the company by doing some married deals as circled on the chart attached. During that time, there was some rumours on Capitaland take over / delisting news. Looking at it now, it maybe true or it may not, but there is always a reason and a rationale behind why would the CEO suddenly increased his stake. Click and see the below post.

http://stockmarketmindgames.blogspot.sg/2016/01/yanlord-takeover-from-capitaland-or.html

As the market moved south recently, the stock followed and now suffered some selling. I am not sure if the CEO or any other traders were selling, but there was definitely some sellers during the third week of March 2016. A short was initiated on Yanlord and $1000 had been made out of it. It's small $$ but nevertheless the most important thing was the direction was correct. I am watching this counter on how it trends out further.

Ronald K - Market Psychologist - A Stock Market Opportunist