for October 2012
October 24, 2012 (11:30 p.m.)
Is APM stalling or is it just resting before another
I thought COAL could be another monster. It looks like
it's just a teddy bear.
BEL/LR was kind of surprising to me. Maybe some good
news coming up soon.
Dow just broke down in the short-term. Let's just hope
it's just a short-term break and not the start of a much bigger
correction. With the traditionally bullish Nov to Jan period just around
the corner, I doubt if there will be any major collapse in the market
soon. I don't think I ever remember a time when the markets collapsed
during this period. Of course, there could always be a first time.
October 24, 2012 (12:00 a.m.)
APM is at it again still. Can it still make another new
high? Everybody is now looking at 20 cents but its rate of ascent is
obviously declining now that it's heavier. KingsPower and SB seem to be
just passing the baton to one another. The question is, are they net
buyers or net sellers? Dont judge too quickly though as they may be
using a number of brokers aside from the obvious ones. Just follow the
chart. Looking at the buyers and sellers is just a waste of time.
With EG no longer following APM, that one might be
Congratulations to buyers of the COAL IPO. Could this be
the next APM? or CAL, perhaps?
Dow now down 250 points, as of this writing. Interesting
to see how these basuras will behave today.
October 22, 2012 (10:30 p.m.)
I have to say, our market performed relatively well
despite the big drop in the Dow last Friday.
APM is still the big story of the last couple of days as
value turnover continues to be huge. While the chart still looks ok, the
big difference between APM now and APM a couple of weeks ago is that you
need a lot more money to push it now compared to before as more and more
people start playing it. Just imagine, how can it be that value turnover
last Friday was P1.1 billion, yet, prices still ended the day down for
the day? Top seller today was our brokerage firm, Nieves Securities.
Wow! I never even knew we had that much shares in our inventory.
And you thought only the big caps can do private
placements to the foreign funds? WEB also did it as well today. Smart
move by RVO.
I'm not sure which one to trust, today's move of MJC or
AAA. Just looking at the charts, AAA looks like the more legitimate move
but who knows?
Below is a picture of the participants in my recent
seminar. Can you see what chart we were studying at that time? :-)
Congratulations to all the participants. You are now one step closer to
finding the holy grail.
October 18, 2012 (11:30 p.m.)
I knew APM was still bullish but ceiling again?! That, I
did not expect at all, not even in my wildest dreams. Wow! For those who
bought this one early in the day and was able to hold it up to the
close, I would have to congratulate you. I would congratulate you, not
for making money, but for being able to hold it despite the wild
Some people got caught in YEHEY today as they probably
thought this can climb for a couple of days before dropping back down.
Historically, all the listings by introduction, did this behavior.
Unfortunately for the bulls of this stock, it would seem that the Black
Samurai had other things in mind.
I tried to research the PSE website about the financials
of YEHEY. Unfortunately, the PSE has yet to upload anything about it as
of today. Sana naman, the next time, the PSE can upload information
about a stock in its website before listing it on the board. People were
buying it at P4.50 today, not knowing that it might actually be worth
just P1.00. Who knows?!
Nowadays, any stock that isn't one or two decimal places
below 1.00, is no longer worth watching. Maybe PLDT should do a 100,000
to 1 stock split so that people starts buying it again. :-)
October 17, 2012 (9:30 p.m.)
Do you know why BLOOM dropped big today? That's because
the market cap of BLOOM yesterday was already almost the same as the
market cap of AGI, which, in theory, should not be possible. Of course,
if Razon wants BLOOM to be more expensive than AGI, the market will not
be able to do anything about it.
Surprisingly, APM and GREEN are still holding on to
their gains up to now.
Cross your fingers that this rally may already be the
start of the Christmas rally. Are we going to break 5500 soon?
October 16, 2012 (11:30 p.m.)
While the 3rd liners have begun to pause, it is now the
2nd liners turn to be in the limelight. This is what is called a healthy
PIP and BLOOM are now parabolic spikes. Wow!
Is that Lolo buying back his MA?
All of a sudden, foreign funds decided to get out of
ABSP and DMC. I wonder why?
What do UNI, IRC, AR, SFI and CLOUD have in common? They
are all trying to be like APM.
Dow up strongly right now. Could this already be the
start of the "Christmas rally"?
October 15, 2012 (11:30 p.m.)
APM is a monster indeed. I'm a bit worried about the
volume though. If I remember correctly, all speculative high-flyers in
the past, once they reach P1 billion value turnover in one day, a peak
is just around the corner. Let's see if APM can be the exception.
Everyone wants to be the next APM now. I thought EG
would be "destroyed" once again but, surprisingly, did a fantastic
comeback. Can it still be an APM? GREEN is surely trying its best to be
another APM. The truth of the matter is, APM is very rare. They can try
to copy it but I doubt if there will be anything else like it among all
those copycats right now.
ICT appears to have joined the roster of all those big
caps that have begun to offer private placements. Signs! ...sell while
it's still hot!
October 14, 2012 (11:00 p.m.)
I really thought APM was a TDY. I was mistaken. APM
looks like a much bigger monster.
Obviously, EG is not an APM. How about GREEN? I'm still
not quite sure but I'm having my doubts.
I'm amazed at the bulls of PX. Technically, still very
much trending down. It will need a lot more confirmation to say that a
bottom is in.
October 11, 2012 (10:30 p.m.)
The move of APM has triggered a race to find the next
APM. Could it be EG? I don't think so. Maybe GREEN? We'll see...
Did SM form a medium-term peak at 823?
I really don't understand what the fuss is all about in
PX. Remember, production starts one year from now...if you are lucky.
KingsPower still the top buyer in APM today but who the
hell is R. Coyiuto? I don't think I remember seeing him buy that much
APM in the last two weeks.
October 10, 2012 (10:30 p.m.)
All eyes still in APM as 99 out of 129 brokers traded
the stock today. It was worse yesterday as 111 out of 129 brokers traded
it. Talk about a crowded trade! It's quite interesting that KingsPower,
who has been a heavy seller of the stock everyday for the last one week,
suddenly became the top buyer today. Could he actually be reversing his
stance, or, did they simply changed him into a "buying broker"?
By the way, look at the chart of TDY and you'll probably
get an idea of what's coming next in APM, my guess.
While everyone is watching APM, EG does a sneaky move
and suddenly goes to the ceiling. Does this mean that Chucky is out of
the stock already?
IP is playing second fiddle to EG because both are
Gonzalez stocks. I don't trust that move of IP today at all. EG is the
main play right now.
Foreign funds sold more than P500 million today. Don't
tell me we're going back to the range again!
October 9, 2012 (10:30 p.m.)
We all knew that what happened to APM today was going to
happen sooner or later, we just didn't know when. I sure hope all those
who made money on the upside were able to keep their profits.
I was thinking, with APM over, all basura plays would
stop again. Lo and behold, there goes JOH and H2O.
...but is APM really over?
Gaming seems to have peaked in the short-term or maybe
even in the medium-term ... but AGI is different or just a dcb?
October 8, 2012 (11:00 p.m.)
APM is simply phenomenal! Congrats to all who are lucky
enough to still have it up to now.
A lot of basuras moving left and right, obviously,
triggered by the APM madness. Just a healthy rotation or is this a sign?
Be careful on those basuras though. Notice what happened
to SFI. Even if prices go to the ceiling, doesn't necessarily mean that
there is "something going on". One day does not make a trend.
Is that the Odyssey fund getting out of OV?
Nevertheless, with mining in the doldrums right now, maybe the oil
sector would be a better alternative.
October 5, 2012 (12:30 p.m.)
Wow APM! Four long white candle in a row?! And today's
candle was even the biggest. It's been quite a while since I've seen
anything like it.
Are fundies now using SM to drive up the index? I don't
think I ever remember a time when SM went up by 6% in one day.
PSE now trading at a new all-time high once again. Do
you feel it?! If you don't, then, maybe you are in mining right now.
October 3, 2012 (9:30 p.m.)
Is the market finally beginning to trend up? I hope so
but, despite today's relatively strong market, there were still more
decliners than advancers. What the hell is wrong with PLDT?!
Wow, APM! That kind of a move used to be quite common
before. Now, you'd be very, very lucky to find something like that in
Why are there people still buying PAL? I even saw some
people bid it up. Either these people know something we don't, or, these
people were short-sellers covering their positions.
The price action of GMA7 probably suggests that MVP is
no longer interested.
While the PSEi is just a mere 28 points from making
another new all-time high, the mining sector is in a big bad bear
Rumor has it that CAL might change its symbol to LATA.
October 3, 2012 (12:30 p.m.)
No one seems to know what's going on with APM. All I can
say is, the less the rumor while prices go up, the more bullish it is.
So far, all those that did private placements and
dropped a lot, have been opportunities to buy, JGS was no exception.
Is RSA finally propping up his PCOR?
PAL is doing a crash landing as news spread that it will
soon get delisted.
Gaming is still very much in vogue while Mining is still
the sector to avoid.
I see the same buyers in CAL and the same sellers too
everyday. Could they just be passing the ball to each other? But what
for? They are either masking their accumulation or distribution.
October 1, 2012 (11:30 p.m.)
Was last Friday's upswing merely window-dressing and we
were caught in a bull-trap once again? Maybe but I think the Dow will
save us this time around.
In the last couple of days, AGI and BLOOM were leading
the gaming sector and BEL and LR were playing second fiddle. Could it be
the other way around now?
PAL dropped big time today on news that RSA will delist
it from the PSE. Question is, how much is the tender offer? Or, better
yet, will there be a tender offer?
I've been hearing a lot of rumors in PHES recently but I
certainly don't like the price action.
Something seems to be brewing in APM. The stock closed
at its 5-year high today.