Monday, October 21, 2013
Asiasons/Liongold/Blumont
Asiasons/Liongold/Blumont: Expect interests to return back to the three counters, after SGX announced that it would lift restrictions on the stocks today, as trading in these stocks has stabilized.
The Business Times reports that traders are expecting a penny stock rally when the curtain goes up today, with Asiasons Capital and LionGold Corp leading the run. Add that both Asiasons and LionGold have "some fundamentals", which could underpin their rise, according to the head of a brokerage house. SGX will continue to monitor closely the trading activities in the marketplace. The investing public is advised to trade with care and caution.
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