Tuesday, October 13, 2009


Some penny stocks started its rally with volume. Despite of KLCI index run at negative. We can speculate at Time, Mtronic and Fronknt. A good return and gain percentage better than index link stocks.

Unexpected interesting stock stood at above 1.10 like 3A. Unbelievable Mtronic hit above 10 cents. Those penny stock achieve better rally than others. Of course, there is only apply for short term. Finance stocks did not stable as last week, because there been run ahead than index.

On the same time, new IPO of Maxis and new bond issued by Genting absorbed some funds from money market. After the foreign funds earn some gain, the said funds will subscribe such excersixe immediately. So, the impact on profit taking on penny stocks are heavy.

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