I had tasted Rowsley and many of other stocks in the past and that's where I developed an affinity with all the counters. It's like before a move is made, I could virtually see through the hidden buying process and jump into the boat first before the traders do.
http://stockmarketmindgames.blogspot.sg/2012/12/rowsley-peter-lims-true-colors.html
http://stockmarketmindgames.blogspot.sg/2012/12/rowsley-peter-lims-houdini-act.html
http://stockmarketmindgames.blogspot.sg/2013/01/rowsley-thank-you-peter-lim.html
http://stockmarketmindgames.blogspot.sg/2013/01/rowsley-my-affinity-with-peter-lim.html
I went longed on this counter on March 17th with 400 lots to only realized that I started seeing the effect today. During that time, the stock was depressed and dull without much trading activity. I was then getting impatient and longed at the market price of 0.28. So when it started to breakout today, I received tons of SMSes, telling me the good news in Rowsley. At 10.22am, I saw too much people chasing and decided to lock in my $4000 profits for confidence building. I could still remember when I sold it at 0.29 just now, the stock dropped 1 pip to 0.285/0.29 before hitting a high of 0.295/0.3 and started suffering a very mini reaction back to 0.29/0.295 at closing.
On the other hand, the Rowsley's warrant shot up 16% today which is so much more than the mother share could experience. Unfortunately, I don't know anything about warrants and so I did not touch. All in all, it was a good day chilling out with family, having dinner with friends while locking profits to enjoy my day. This is just one of the many stocks we discussed in the elite group yesterday in an official training session and all elites would most probably have made $. It marked my 2nd time making serious $$ with the elites. Wait till we see the third.
I will speak more of this trade during next Tuesday preview. Interested parties can register:
Preview Date: 8th April 2014,Time: 7.00pm to 8.30pm
Ronald K - Market Psychologist - The Big Speculator