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mercredi 16 mars 2011

MARKET UPDATE AND FORECAST

Since Japan catastrophic event, it has been a wild ride for mostly all stocks and my picks have suffered a lot.

BUT: in cases like that most of the time fears take control and many stockholders leaves. Buyers being less in numbers it creates a fantastic shopping opportunity.

Look around my top picks and many are at cheap prices.

Expect caution on LVS as i think it will be a falling knife until the actual accusations are cleared. It does not change the company fundamentals but makes buyer a bit nervous. So it is a HOLD at this time.

On thursday MB will reveal their final 2010 numbers and based upon what i see in stores around here, it could have been a great Q4. That being the case expect a great leg up followed by some profit taking. If you are long on MB it is a HOLD at this moment. If numbers are great, hang in there as reward will come 10-15 days AFTER numbers are disclosed.

TVI has been slammed (to say the least). This is probably the most strange stock i have ever had and reccommend. The value disconnect to the share price is totally unbelievable. They are releasing their numbers on friday and they will be good. But the real value in that company lies on the actual expansion and projects that are aligned. Balabag are Canatuan expansion are only 2 that could change the face of this company. We will know really soon. If you are long on TVI well actual stock price says it all. It could very well be the right time to load up.

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