ive been making 52-week high friday posts for quite sometime now ... but i have not written anything on the results of the 52-week high friday trades .. mght as well start today ... ill post the results of the 52-week high friday bets made on the previous friday .. (for the 52-week high friday rule ... click this link: "Secrets of the 52 Week High Friday Rule"
friday 23 oct 2015 52-week highs
1. MER/MANILA ELECTRIC COMPANY.
friday close: 320
monday open: 320
tuesday open: 313 (failed bet)
2. MIC/MINERALES INDUSTRIAS CORP.
friday close: 8.80
monday open: 8.81
tuesday open: 8.89 (successful bet)
3. PRMX/PRIMEX CORPORATION
friday close: 8.66
monday open: 8.64 (sell at the open: lower than friday's close)
tuesday open: (failed bet)
4. SMPH/SM PRIME HOLDINGS, INC.
friday close: 22.50
monday open: 22.80
tuesday open: 22.20 (failed bet)
results: 1 (success) vs. 3 (failures)
*results do not yet include commissions, etc