Thursday, 27 November 2008

Noble - Sold @ 0.895 ROC 7.1%

Noble provided the weekly allowance again. For month of Nov, Noble has provided three weekly allowances.

Round 1: ROC 16.3%, 28 days
Round 2: ROC 31.6%, 20 days
Round 3: ROC 7.1%, 8 days

Looking forward for Round 4. This is what I call the true Margin of Safety for my next trade on Noble.

A series of successful short term trading is a strategy that provides true Margin of Safety for long term investing on that counter.

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