After selling all NOL shares yesterday at S$2.12, I bought back them at the price of $2.08 today. I was speculating a fall in the share price after morning's financial report announcement despite of an expected upbeat result. Local investors tend to buy in anticipation and pushing up prices before actual real good news announcement. It seems to be true again this time round, with NOL's share price fallen more than 3% despite beating economists' estimates in earnings report.
Fighting with the psychological minds of investors is interesting! I've got my buy/sell transaction costs for my earlier batch of sale covered with this buy! Yippee!
Computer, Technology, Databases, Google, Internet, Mobile, Linux, Microsoft, Open Source, Security, Social Media, Web Development, Business, Finance
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Get accurate and real-time bus arrival information for public bus operators in Singapore, including SBS Transit, SMRT Buses, Go-Ahead Singap...
-
According to the Firefox developer team, Firefox 3 will be launched on 17th June 2008. From the Firefox Developer blog, they are attempting ...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.