Also made a test buy on PSE: SSI, again for my new tsupit fund (TF). Under the same premise that SSI is now ready to climb. After the long bullish candle to start Feb, SSI did not gain much ground in the succeeding trading days. But it seems to be forming a flag waiting for a break on the narrowing channel. Waiting for newcomers?
To say that 2015 was a tough year for investments is an understatement. We had a tough 2014, we thought we have recovered at the start of 2015, only to end lower from where we started the year.
Did not really go there expecting to win anything. And I didn’t. But with the few hours spent there, I also did not expect to have some realizations on gambling, investing, how they are worlds apart, and why Juan prefers to bet on the wrong side.
May pera sa basura. Pero huwag papaiwang may hawak na basura. Lalo’t higit, huwag sasaluhin ang basurang itinatambak na ng iba.
Alliance Global (PSE: AGI): Another favorite. Back in global recession, this used to cost 4 each. Now, less than a decade later, stock price is now at 30.40.