Monday, August 27, 2012

an evening to remember ... 2 stocks for 2013 (27 aug 2012)

last friday evening found me in the company of fellow traders from the stock market forum financemaninla.net and non FM guests (my idol "facelesstrader" (http://facelesstrader.wordpress.com/) was there ... thanks a million to FM master the "DRAGON" for inviting her)  ... its was an evening to remember ... for aside from the "eat all u can" food and the "bottomless beer" ... i finally got to meet financemanila masters "philinvestor", "mr. banker" and "surfer" who all have their own FM stock threads ... i may get to write about what we discussed then (and it is always an evening well spent when FMers get to meet and chat over food and drinks) .. but that i guess will have to wait a while while i digest all the stock info that was shared that night ... altho id make one exception now to a question that was asked me by one of the attendees ... which small cap or illiquid stock am i buying at the moment ... i havent looked at their latest financial statements nor checked their charts (checking their charts by the way would be a futile exercise if one wants to discern their future course of price action as they are quite rarely traded) ... but i responded with two issues ... which i hopefully plan to write something about in the coming days .. and these are cirtek (chips) and pancake house (pckh) ... i clarified to them that im buying these two for the long term ( = 2013) ..  as it is quite difficult to buy a lot of them at a time .. so im nibbling a few bites if and when they are offered at my preferred price ...