26-JAN: Crisis breeds Opportunity


Yesterday (25-JAN), a bus was bombed in EDSA. Five passengers were killed and 13 others were injured when the bus exploded on the northbound lane of Epifanio de los Santos Avenue (EDSA), corner Buendia avenue, on Tuesday afternoon. I was kinda excited (bad..) on how this will affect the local stock market. Because in my 2 months in trading in the market, I haven’t experienced a national disaster yet(?). Good thing the bus explosion didn’t matter much as Ive noticed. PSEi closes @ 3931 dn 28pts.

News about Meralco, i do not know how this will affect the price of MER. Lopezes may sell remaining stake in Meralco LINK

I have a microscopic share in MER. Kinda funny how it is behaving, being tag as a blue chip stock. Adrenaline Rush! haha!

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