News / Philippine Stock Market


Out of PEP
By Bonner Dytoc
May 22, 2008



PEP is probably the equivalent of a roller coaster in the stock market.  It seems that the ride has been one very emotional up-and-down trip.

The latest movement shoved the stock above P1 again.  But overall, it’s still in a sideways movement that awaits a clear direction.

On the whole, I think the play for PEP is over and we should just avoid this until we know its real trend.  As for those who still have it, just sell on a rally.

PEP


 
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