Down In A Gulp
Tuesday, July 24, 2007
Dolmite and Metacor
Few months back I blogged about these two counters namely Dolmite and Metacorp.
Stock Pick

These 2 were dormant counters for the past year or so. The so called salt fish stocks.
However, the past 3 days was really exciting. Look at what happened to the salted fishes. You know what they say in Chinese. (Resurrection of the salted fish)

Chart for Dolomite. It has been hovering around .30 for sometime and all of a sudden there was a breakout. Shot up to .44 within 5 days! There was some indication on the 20th July according to the MACD crossing. Close to 50% gain, can't find this kind of figure in the blue chips. So bulk up at around .35 if the price does go down. I'm ecstatic.

Metacorp was another dormant counter until the 18th July. Another sudden break out. It became one of the top 10 counters with the highest volume on KLSE. Of course the news of them being the supplier for the Penang second link is out as well as their long extended law suit has come to an end. All these are most likely the factors for the sudden surge as well.
I'm going crazy.


posted by DaphStar* @ 8:24 AM  
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