Special Situation Porfolio: Sell Citibank share now

Special Situation Porfolio : Sell Citibank today

The risk is too high to hold citibank. Sold out all positions!



Disclosure: I sold out citibank share @12.48am 25/6/2011

Stock Market Outlook on Second Half

1) Jim Rogers says buy US dollar.
2) NYU Roubini sess a perfect storm in 2013
3) Taleb of the Black Swan sees a 40% correction on the NYSE.

Special Situations - sees bearish turbulence ahead for the global stock markets.

Special Situation Call : Short Sell DJIA

I would like to call "STRONG SELL" on DJIA index.


Disclosure: Short DJIA @12.34am (KL-Singapore Time)

DJIA Daily Technical Analysis

One scenario: as long as 11915 is support, we are bullish. In this case, the upside breakout of 12270 will trigger a bullish acceleration towards 12315.
Alternative scenario: a break below 11915 would open the way to 11825

All Star International Holdings Ltd buy Tongherr

7/6/2011-8/6/2011 All Star International Holdings Ltd buy 502,500 shares.
Total Accumulated Shares : 77,994,000

This insider is accumulating the share because of long term prospect in Vietnam Plant. I would rate STRONG BUY on TongHerr because the EPS should grow rapidly after the plant ready.


Disclosure : Temporary sold out this counter because of uncertainty of outlook on second half 2011.

Power Lunch for 8 with Warren Buffett to benefit GLIDE

Current Bid : US $1,511,111.00

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=290572659660

Mamee-Double Decker(M) Bhd - first quarter results...

3 months sales ending 31/03/2011 gained 6.86% to RM123.3mln.

Pretax profit decreased 45.87% to RM8.58 mln. Net profit declined 46.34% to RM6.42mln. The net earnings per shares(EPS) were 4.41 cents. 8.5 cents dividend proposed.

Special Situation Blog rate "SELL only if above RM4.38"...