As you can see from the chart, AIMSAMPI experienced an unusual high shock from $1.03 to $1.10 before ending the trading day at $1.085. My next sell order is at $1.125, after which, I will leave the remaining small lots in my trading account to reap dividends.
I am still waiting for Starhill Global to recover from its seemingly hard-to-achieve rally. The highest it went was only $0.61. I have repeatedly laid down sell orders at $0.615 but all were unfulfilled. Quite disappointing with the performance. I bought these lots at $0.645, $0.64, $0.635 and $0.63 last year. For over 4 quarters, I have received enough dividends to cover the losses if I were to sell it at $0.615.
I am heading for an eventual 80% cash in hand. I have a feeling that this 2012 bullish rally would not last long as I was a victim of a similar rally that took place in 2010. In the 2010 bullish rally, after I moved in at a relatively high price, the market turned bearish and I incurred massive paper losses, which became real losses after I divested them. These stocks, as of today, are still below where they were in 2010. Better be safe than sorry, I divested majority of my holdings in 2012 to get ready for a possible market downturn somewhere this year (global economy is still weak, don't forget). Should that scenario be materialised, I will buy again at a much cheaper prices.
