Friday, November 4, 2011

Top 30 Volume Stocks all under RM1.00, what's the indication?

1. Market may be over optimistic... more than 50% of them are ACE market counters.
2. Probably this is the end of the short lived bull run? But this still need to depend on the outcome of G-20 resolution over the weekend.
3. Ahead of the long weekend, is the market prepared to take some profit?
Maybe yes for selective stocks... especially if the counter has gained > 20% within hours.

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