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2008-11-25

KNM still in buy in zone



















Again KNM is in the buy in zone on 24 Nov 2008. Just buy in at RM 0.550 with 10,000 unit, hopefully to sale it back by today.

This feel day, KLCI will had some good news to floor out for few days, KNM may rebound to RM 0.70 due to this condition and also 3Q08 report will be out soon.

1 comments:

Ivan November 27, 2008 at 1:17 AM  

let me c whether this expecation is true or not. .

enter at 0.55, sell at 0.70
great 0.15
ROI = 27% :D

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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