18/4/2013
Shares on the move TOR,OLG,COM see below
2/4/2013
Finbond is like a worm emerging from a cocoon, after going through all the stages ,eventually it aims to turn into a beautifull butterfly.This share has had a bumpy ride. In the last 12 months its price has risen from 6 cents to 125 early today.Now having attracted the attention of the media ,it rose today to 225 then fell back to 170.I have regarded this as a trading share up to now.It has been granted a license to trade as a mutual bank.How ever I feel that it is under capitalised and I am also worried by the fact that it up to now gives short term loans to the lower end of the scale where customers might not be able to repay in certain circumstances.I regard it as a trading share only at this time.Always keep a couple of stop-losses on each holding as it is very volatile.
There is another share that rose from 6 cents to 15 cents today.Its JDH.In the past I would not have touched this share with the proverbial barge pole!It has now come out with a fairly good trading statement.
TAKE PRECAUTIONS BEFORE TRADING EITHER OF THE ABOVE SHARES.IF UNCERTAIN LEAVE THEM STRICKLY ALONE.
Shares on the move TOR,OLG,COM see below
2/4/2013
Finbond is like a worm emerging from a cocoon, after going through all the stages ,eventually it aims to turn into a beautifull butterfly.This share has had a bumpy ride. In the last 12 months its price has risen from 6 cents to 125 early today.Now having attracted the attention of the media ,it rose today to 225 then fell back to 170.I have regarded this as a trading share up to now.It has been granted a license to trade as a mutual bank.How ever I feel that it is under capitalised and I am also worried by the fact that it up to now gives short term loans to the lower end of the scale where customers might not be able to repay in certain circumstances.I regard it as a trading share only at this time.Always keep a couple of stop-losses on each holding as it is very volatile.
There is another share that rose from 6 cents to 15 cents today.Its JDH.In the past I would not have touched this share with the proverbial barge pole!It has now come out with a fairly good trading statement.
TAKE PRECAUTIONS BEFORE TRADING EITHER OF THE ABOVE SHARES.IF UNCERTAIN LEAVE THEM STRICKLY ALONE.
