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jeudi 13 septembre 2012

The Play of the Day: The Fed decision

It will be very interesting to see the market reaction today after the decision at 12:15.

My guess is market will be down no matter what. We have been on a strong rally recently and this will most probably be a sell on the news and definitely a nice time to go shop for a nice discount.

Any one of those at a 5-10% dip would be more interesting:

GPL:  under 1,90$ is a heck of a deal especially with the recent news

UUU.TO : Anything under 2,40 is a very good deal.

QTM:  if it was to dip under 1,50$  Great buy

AC.B.TO: under 1,05$ this is a great one

FBP: get ready under 3,90$. Please remember that the US government is still owning tons of shares that they could sell at any time.

DRL: around 1,07$ is still a good deal but be careful here

MPEL: under 12,25 is a very good deal

So as you can see, i will be watching a lot of them today hoping for a break as i still think that those one are totally undervalued and could give you a fast and nice return on investment and still a good price to accumulate some more especially the one in bold. WAIT FOR THE FED DECISION.

As usual  DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with caution.

Get THE PLAY OF THE DAY on Twitter : @investman2

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