AIGB revisited

20070413 On January 23, 2007, I looked at this stock AIGB as potentially the trade of the year. Earnings at 19 sen per share, fundamentally sound and potential to benefit from stock market volume robustness, increased M&A fees. The plan was to buy on break of the trendline, so just above RM1.80. Well, it is now (albeit after a wild wooly ride) around RM2.50. A lesson in having a game plan and sticking to it. And you don't need to 'trade on a tip' from a friend, the broker, or the runner spreading rumours.