Wednesday, September 15, 2010

Delloyd: Super easy way to trade??

It's just funny seeing how this stock has been traded over the past few weeks which easily allowed people to take advantage of the arbitrage opportunity, almost daily. But of course, when I put this post up, maybe the opportunity might be gone :p Haih..Just let the stock shoot up (lah...)!

Simple way to trade:
Put your buy order at RM2.93-2.95 and sell order at RM3.00 in the morning and you don't have to bother about it for the whole day. Of course you have to take note of the amount of shares you're buying to be able to cover the transaction fees substantially. I believe the company/boss is buying the shares to support it at RM3.00, almost daily during the last 20-30 min of the trading period. So, there you go, try this out yourselves :p

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