Wednesday, April 24, 2013

there is a disturbance in the force ... finally! pckh (24 apr 2013)

just a short remark:

i noted some unusual price action the past days in pancake house ... last thursday (18 apr 2013) .. da market securities bought up pancake house from below 8 pesos and closed it at around 9 pesos with not the usual pancake house volume (note: pancake house rarely trades) ..

yesterday ... lucky securities, golden tower and again da market securities combined and bought up pckh to a high of 12 pesos before some bastard sold it down to close it @11.50

i sense a disturbance in the force .... but i like it :)

pckh was 1 of 2 stocks i mentioned to fellow traders august/september 2012 that i said were my stock picks for 2013 .. the other was cirtek (chips) .. however chips only just weeks later surged ahead to around 12 pesos and even to a peak of around 29 pesos february this year ...

will be monitoring pckh closely ... baka meron pa sumunod na price action ...

always wear ur parachute!

previous posts on pckh:

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