Bought 100 lots of SembMarine yesterday as the stock was a laggard and suddenly it flipped. It showed some strength I thought and also last night oil rebounded big. Today, the stock moved to 1.56 because of the oil price and suddenly got sold down again all the way to 1.53. Since it's a laggard and it's slow, I decided to wait for opportunity to sell to the fast action for profits first. The market has some good opportunities now but one has to be skillful to pick stocks.
Ronald K - Market Psychologist - A Stock Market Opportunist
