Friday, December 29, 2006

RUBHD (5050)

My initial mention about RUBHD in Nov 06 was that the stock was greatly undervalued. (Please refer to my postings in Nov 06). The stock closed at 1.49 on 17.11.06. Since then, it has been in a steady uptrend. Yesterday it closed at 2.87. That’s a whopping gain of 92.6% in just 41 days! Great, isn’t it?

The volume of 17,143 lots traded yesterday, when compared with the previous 4 trading days, was higher. The stock is now in a well- established uptrend. Since my first mention of it, I have been extremely bullish, and still am, about this stock.

Buy on dips, the stock is about to fly!

Good luck and all the best.

As usual, this blog disclaims all liability for your perusal of its commentary.