Wednesday, December 15, 2010

KNM - My heart is bleeding

KNM shares price has been going up steadily for last few days. One should be happy about it but not me, if this happen in the early or mid last month then probably I will be a happier man. But not now, i am crying in my heart.

Why so sad, the story begin when I sold it on 25/11/10 few days before ex for Share Consolidation (4 to 1). Planned to sell then buy back after ex., but my plan backfired. Right after selling, it went up 2 cents, and it never look back after that.

Even the lowest price after ex of 1.91 still higher than my selling price of 0.47 (1.91/4).

Yesterday closed at 2.33 up 16 cents, and 2.51 now......
My crying heart became bleeding heart now !

The worst is, I was eagerly to buy back at any cost now. This is bad, getting EMOTIONAL on the counter, which is a no-no in the investment rules. Should I buy back???

Why KNM up? Could be due to theme play (ONG) and also having several good news lately.

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