Tuesday, April 13, 2010

Spring Cleaning On Stocks



Every now and then, we need to do spring cleaning on the stocks on our radar or portfolio. I shall not comment on those we will keep, but I will mention those I "no longer like". I will not be elaborating much on why these stocks are part of the "untouchables" for fear of getting myself into hot and sticky situations:

a) Transmile - good run from 36 sen up to 52 sen, but the vultures are out, creditors seem to have lost patience, get out

b) Etitech - There appears to have been some change in ownership and there appears to a huge stack of stale stock to be sold, get out

c) Measat - Too much too fast too soon

d) TA Global - A dog in sheep's clothing

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NOTE: The above opinion is not an invitation to buy or sell. It serves as a blogging activity of my investing thoughts and ideas, this does not represent an investment advisory service as I charge no subscription or management fees (donations are welcomed though). The content on this site is provided as general information only and should not be taken as investment advice. All site content, shall not be construed as a recommendation to buy or sell any security or financial instrument. The ideas expressed are solely the opinions of the author. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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