Monday, 27 May 2013

GMG The Painful Lesson to Learn From

It was a painful lesson to learn from GMG. SgxWinner sold it off at $0.117, just before the massive crash on Friday afternoon at around 1pm. Looking at the GMG charts, the stock has more down days than up days. We have learnt that laggard stock is the worst to trade. During up days, GMG rise only by a mere of $0.001 and during down days, it drop more. We are staying away from GMG until the uncertainty cleared for this counter.

 

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