1:30 pm Thursday 21 October 2010
Some people have dirty minds, and some people are plain and simple gullible. If you are one of those who is in the habit of pulling pranks, you probably know that bomb threats cannot be taken lightly. If you are the one being threatened, you have to be very sure of your security, otherwise, you will fall sucker to these threats. What a way to spoil people’s days. I think the first order of business in the PSE and the Ayala Tower One property manager is to take their security controls more seriously. While you see these security guards accosting people who enter the premises, there are still many who get through without scrutiny at all. If things remain the same in that building, we will see more of these disruptions which takes a lot of wind out of our sales. When there is momentum in the market, there is nothing like a bummer such as this to leave people like me frustrated.
I was quite keen on picking up some EDC, DMC, TEL or more of ORE today; but I simply threw my hands up in the air and left it. I do not want to make my calls when disruption psychology in the market abounds. I think many investors have lost their focus today. I will choose to trade another day when there are fewer distractions.
It is not all bad news after all. The market seemed to have move up by 57 points and all our favorite stocks were winners today.
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