for May 2012
31, 2012 (9:30 p.m.)
29, 2012 (10:30 p.m.)
28, 2012 (9:30 p.m.)
27, 2012 (10:00 p.m.)
24, 2012 (9:30 p.m.)
23, 2012 (9:30 p.m.)
22, 2012 (11:00 p.m.)
I bet there were a lot of nervous holders of the Calata
IPO, given what has been happening recently. With the Dow up last night
and tonight, I guess they can sleep a little more soundlier tonight. :-)
21, 2012 (11:30 p.m.)
18, 2012 (5:30 a.m.)
Congratulations to DMC, PGOLD and PXP for getting
chosen in the MSCI Index. Why is PXP acting a lot stronger than DMC
and PGOLD? Because they don't have Macquarie. Notice that OV too was
very strong today. That has got nothing to do with the price of
JAP stocks seems to be quiet right now. I heard some
funds began liquidating in the last few days and JAP wasn't
very happy about it. Ganyan talaga. Everybody happy when prices go
up but when prices starts coming down, that's when in-fighting
begins. The same story over and over again.
Diablo is trying to stabilize EG at current levels but
the Lord of Destruction isn't in the game, it's in the stock.
May 15, 2012 (11:00 p.m.)
Did the mining sector finally bottom-out today? -
"First Out, First In"
Prime candidates for tomorrow's announcement of who
will be included in the MSCI Index are JGS, DMC and MPI. Place your
Can DIABLO save EG?
14, 2012 (8:30 p.m.)
May 10, 2012
May 8, 2012 (10:30 p.m.)
May 7, 2012 (8:30 p.m.)
May 3, 2012 (9:30 p.m.)
The market was up by a massive 71
points but unless you were in PXP or one of the big caps, you hardly
felt it today. In fact, if you were in JAP, you would have thought
that the market was down by 100 points.
The onslaught in the JAP stocks
got triggered by the worse than expected earnings from ORE. That's
the problem with the JAP stocks, sometimes, prices just get too
ahead of what is really happening with the company.
With the big seller in PXP now
gone, prices are now flying. PXP should not have dropped to as low
as 20.30 if not for that selling by Tower Securities.
Lolo seems like is 10 feet down
under. Gatchi looks like is in a coma. Is JAP getting sick as well?
Should traders buy the big caps instead and stop trading these
basuras, or, could this be an opportunity to buy these basura stocks
low as the market will eventually rotate from the big caps to the
May 2, 2012 (11:30
Unless you were in FED, you would have
been quite frustrated with this market today if you were into the
speculative issues. The big caps just continue to power
The big story of
the day though was BLOOM. A disclosure came out today wherein more
than a billion shares of private placements were done at P7.50.
Were these immediately saleable? I guess they were because I don't
understand where those big sellers today came from. I'm still not
buying this at current levels. They should change the ticker symbol
of this to GLOOM.
that continued to plunge today was PXP. Could the stock finally have
found a bottom today at 20.30? Only Mr. Tower knows. I wonder how
many left he needs to sell. Notice that PX is a lot stronger than
PXP now. That's because there isn't a giant seller there in PX
unlike in PXP. Still, I'm carefully watching both issues right