It's amazing how fast traders sell their stock position when bad news or, in this case, seemingly bad news occurs. Yesterday, Energy Development Corporation (EDC) and First Philippine Holdings (FPH) had a big drop in price due to negative sentiments. EDC actually dropped 8% because of this.
This means, we have a chance to get in and buy at very cheap prices. Remember, if we are long-term investors, we should buy EDC and FPH as this price is a steal.
So what are you waiting for?
May you achieve true success!
Bryan
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PS. My mentor in stock market investing and business is Bo Sanchez. He has an online coaching club where he teaches one to be truly rich. You can try it out for free and enjoy the same benefits I have enjoyed. Go to Bo Sanchez's TrulyRichClub
PS. If you want to invest in real estate properties, visit www.houseforsalephilippineswithphoto.blogspot.com.
Tuesday, January 31, 2012
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