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Popular Stocks Go Berserk Taking The Market Out Of The Rut!!!
By Sarath Rajapaksa,
Sept 06, 2011 (LBT) - Popular stocks Blue Diamonds Jewellery Worldwide PLC normal and non voting, HVA Foods, and e-Channeling, etc. helped the market to extricate itself from the consolidation rut despite generous imposition of Price Bands which has now been reduced to just an annoyance.
Price bands or not e-Channeling, Blue Diamonds Jewellery Worldwide PLC and Blue Diamonds Jewellery Worldwide PLC.X are most likely to continue their gravity defying rise right up to the Extra Ordinary General meeting at Blue Diamonds Jewellery Worldwide PLC on 15th September and probably for a few weeks more thereafter.
Popular stock bashing shall continue throughout this week with more and more stocks getting promoted to the ‘popular stock’ rank. Small finance companies with a limited public float are the most likely candidates.
Yesterday being a holiday at the US market they were spared of another heartbreaking fall. However the European and Far Eastern Asian markets fell steeply in anticipation of a blood bath in the US market when they resume today.
(The information and the opinions contained herein were compiled by Capital TRUST Research (Pvt) Ltd and are based on information obtained from reliable sources in good faith, However such information has not been independently verified and no guarantee, representation or warranty expressed or implied is made by Global Media Networks, Capital TRUST Research (Pvt) Ltd and Capital Trust Securities (Pvt) Ltd as to its accuracy or completeness. This report is not and should not be construed as an offer to sell or a solicitation of an offer to buy any security. Neither Global Media Networks ,Capital TRUST Research (Pvt) Ltd and Capital Trust Securities (Pvt) Ltd nor their directors and employees can be held liable whatsoever for any direct orj consequential loss resulting from the use of anything mentioned or implied in this report and its attachments.)
Source - LBT
http://www.lankabusinesstoday.com/index.php?option=com_content&view=article&id=298:morning-stock-watch&catid=34:movement&Itemid=91
By Sarath Rajapaksa,
Sept 06, 2011 (LBT) - Popular stocks Blue Diamonds Jewellery Worldwide PLC normal and non voting, HVA Foods, and e-Channeling, etc. helped the market to extricate itself from the consolidation rut despite generous imposition of Price Bands which has now been reduced to just an annoyance.
Price bands or not e-Channeling, Blue Diamonds Jewellery Worldwide PLC and Blue Diamonds Jewellery Worldwide PLC.X are most likely to continue their gravity defying rise right up to the Extra Ordinary General meeting at Blue Diamonds Jewellery Worldwide PLC on 15th September and probably for a few weeks more thereafter.
Popular stock bashing shall continue throughout this week with more and more stocks getting promoted to the ‘popular stock’ rank. Small finance companies with a limited public float are the most likely candidates.
Yesterday being a holiday at the US market they were spared of another heartbreaking fall. However the European and Far Eastern Asian markets fell steeply in anticipation of a blood bath in the US market when they resume today.
(The information and the opinions contained herein were compiled by Capital TRUST Research (Pvt) Ltd and are based on information obtained from reliable sources in good faith, However such information has not been independently verified and no guarantee, representation or warranty expressed or implied is made by Global Media Networks, Capital TRUST Research (Pvt) Ltd and Capital Trust Securities (Pvt) Ltd as to its accuracy or completeness. This report is not and should not be construed as an offer to sell or a solicitation of an offer to buy any security. Neither Global Media Networks ,Capital TRUST Research (Pvt) Ltd and Capital Trust Securities (Pvt) Ltd nor their directors and employees can be held liable whatsoever for any direct orj consequential loss resulting from the use of anything mentioned or implied in this report and its attachments.)
Source - LBT
http://www.lankabusinesstoday.com/index.php?option=com_content&view=article&id=298:morning-stock-watch&catid=34:movement&Itemid=91
