*** Philippine stock picks thread ***

[van_wilder]

may movement kanina... hahaha konti... nun bumili ako... kaasar...

[scalpel]

What's your take on smph? accumulate?

[van_wilder]

depende... gaano mo katagal i-hold? 6mos-1year? go ka... if not... watch/buy px/pxb na lang... smph is not for tsupiteros... i have to liquidate my stocks in the very near future... hehehe kasi vacation na! hehehehe

[morrissey_05]

hahahaha... after looking at your signature and the way you analyze... parang parehas tayo ah... hahahaha yes sir, i did accumulate while its still low...

however i sold my PX na eh! shmack! hahahaha kanina at 1.80... already earned eh... pwede na... play-safe after a buzzer beater sa MRC... pulled out at its near peak and going downhill...

i already tried to cut my losses at MIC... crap one risk that didnt pay-off pero thats life... small risky plays...

two questions:

should we accumulate MRC again? i think i am at 0.12-0.15
px/b... should i get again? sayang transactions fee...

van wilder,

dude, i will base my answers on what i see sa charts ha. this is highly subjective. pero think of it this way: i am looking at the charts as a possible opportunity for me, as well.

MRC - from .26 to .29 at 9m shares mukhang humina na. siguro, i would wait for the price to stabilize kasi biglang taas tapos biglang baba. parang na-whipsaw. hirap nun bec there is no clear trend, it might go down big, or up big again. also note that the big volumes come when the price dips. when the stock rises, small volume lang. the MACD lines though is still above 0.

since you are in good position here at .12 and .15, ok pa rin accumulation. pero kung ako, buy on the dips lang and hold when it climbs. but its time to wait for the roller coaster to end and see where the stock stabilizes.

PX/PXB - disclosure, i tried to get PXB the other day at 2.02. no luck. got some PX today. my attitude towards these two stocks?

PXB - kasi may previous high of around 2.30, so there is a target that it could shoot for. for now, i think its moving up steadily. volume is consistent. will it hit the 2.30, or pause and accumulate or go down? its anyone's guess. judging from the recent trend, i can be bullish with this stock. also, the MACD line is just about to pop out of negative territory.

PX - climbing steadily. i hope the support holds at hmmm 1.80? MACD line still good and volume is consistent over the past few days. is this accumulation for a big push? i wouldn't know. but my broker must be wondering why i'm still buying when the stock looks like a sell na. hehehe

what i did was buying despite the price going higher, mainly on the strength of the stock, nothing else. in other words, i look for a very active stock and trade with the trend. buying high, and hopefully selling higher. when the highs bottom out or starts to fall, im out.

ive tried this strategy with my NYSE virtual stock market game and ive been quite successful. let's see how it does here.

something to consider. i will be selling near July because once the new impeachment case is filed. baka gulo na naman

good luck guys

[morrissey_05]

What's your take on smph? accumulate?

to a certain extent, i agree with van wilder. SMPH is blue chip and not really for tsupiteros. however, it is possible to play the ranges. if you do, you have to monitor it, know when to enter, know when to exit and practice discipline.

support for smph looks like 7.50. so if it goes below 7.50, (7.30?) that is a good price. but the trend to me looks bearish. so if you buy at 7.30 or below, what's the assurance that it will gain? baka buy long pa pwede.

I would ride it all the way to dec. (christmas and christmas shopping) na lang. remember that SMPH always rises before Christmas, kaya ok sya laruin. just look at SMPH chart in November, umabot almost 9.00!!! then Dec downhill na hehehe.

i believe in one rule of technical analysis, that is history repeats itself. so it could happen to SMPH again this year. doesnt take a rocket scientist to figure that out.

[van_wilder]

for me, smph play should be like sa benpres... get at .90-.92 sell at 1.08-1.1, buy again at .90-.92, sell at 1.08-1.1 again... laro talaga... dont expect one time bigtime... pero hirap laruin benpres ngayon... lopez eh...

yes indeed history repeats itself... hopeful ako sa mrc na bumaba pa... pero umangat ng 11% kanina... not sayang naman pero i just sold px yesterday and i think its a fake breakout kaya i dont want to get back in... at is not moving... ali, back at 10.75... abs cant break 11.50, im not studying some blue chips like ac and tel for the longest time since they move slow...

do you guys have any idea about the new PSEi? so delikado ba yun mga stocks na third liners? should we dispose them now? hehehe...

[badkuk]

1st week of April daw ung PSEi di ba? Magbabago ba uli ung stocks making up the index?

[Chip]

ali now at 10.50

I have a feeling its gonna go lower. Your thoughts gentlemen?

[van_wilder]

argghhh!!! why oh why? its 10.25... it should be 11+ by now... if not for this one buyer who bought it in bulk!

[Chip]

got at 10.25.. sana tumaas na hehehe