Friday, February 15, 2008

The surprising spike

This is the chart of a stock I purchased sometime back in September 2007. It was moving sideways for many months and I thought the catalyst for it to spike up is not true. I decided to hold it since it's price, although not moving up, is quite stable.

To my glee, this happened as of late. I once heard that the target price is RM 1.00 due to reevaluation by private equity. I think I'll let go once it reaches 30% yield. This post is to remind myself so.