Money Talks - TSX’s healthy gains

Posted by samson on Oct 12, 2007 in Money Talks, Stock's World |

Finally, on Friday, after several reports indicating a better then expected 3Qtr, TSX stop the radical decline experienced on Thursday and gain 66.42 points.

Research in Motion is now stabilized at 110. Hopefully we won’t be seeing another sudden drop in stock price.
October seems to be the historical sad month for Financial related stocks. All the major banks stocks either have negative gain or their gains are inching upwards.

The Tech sector on the other hand have a pretty nice rally so far. With Research in motion still in my personal top picks. RIM spiltĀ  3 to 1 on August 15th, it grew 40 cdn in less then two months to today’s 110.63. If RIM’s partnership with other companies continue to grow, i.e. Network expansion in Asia, we might see the stock grow to 200 dollars(again).

Reply

Copyright © 2008 Pleasant Lifestyle All rights reserved. Theme by Laptop Geek.