As per my previous post here, I was contemplating buying Capitaland as a value buy. I put an order yesterday and today to buy capitaland at $3.13 and $3.15. Well, the $3.15 order was filled and I am a new capitaland shareholder.
My reasons for purchasing this security has been covered in the previous post.
On the technical side, Capitaland fell on extremely heavy volume today, apparently on fears that there will be policy tightening in China and Singapore (link here). Yet, it did manage to recover 3c from it's low to close at $3.17.
the counter-party for my shares was Merrill Lynch, honestly not too comfortable with that, it indicates BBs selling the share.
I've bought close to support at $3.12. This should be a good thing.
I am looking for investors in my new venture. If interested please email
ReplyDeleteme at danhawk@zeanlloydoil.com. I would explain everything after i heard from
you.
Sounds like youwon an award.
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