My theory is proven right today with all low PE and rubber stocks being "cooked" up today. My conclusion: syndicates are rich dads and moms. They are just back from last week holiday with kids.
Stocks I'm watching: Titan.
Stocks I'm giving up: Pelikan. It has announced more takeovers last Thursday. The list is very long. There is a high chance that there won't be any dividend this year. A classic example of company that ignores the shareholder's benefit. Just like Astro.
Hey kids, back to school and study hard! Your dads and moms are making easy money waiting for your next vacation!
Tuesday, March 23, 2010
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