Friday, April 26, 2013

CAL : My first IPO experience

I think every trader in the Philippine Stock Exchange knew how CALATA entered the market. Many of the traders / investors gained a lot and there were also lost a lot. Well for me, it was one of my best trade of 2012. I subscribe to COL for my ipo shares and also added during actual IPO. Sold at 12 level, bought again then sold at 21. And the rest, CAL became alcatraz of some traders and for me, it served as another inspiration to study more about stock trading. I know someone who lost an ample amount because of CAL and also someone who gained a lot from it. And the rest became history on what happened to this stock. I just hope that the rumor is not true that there were traders who committed suicide because of their loss with CAL.


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