My First Stock

Finally I was able to buy shares. It is my initial stock bought online. I bought at 225 but at the close of trading the price went down to 223.8. It is also my first loss. Anyway I don’t worry since I know it is a bargain and just recently there were news that Meralco is expanding to power generation hence the price is set for upward movement.
My selected stock that will go up in prices are NiHao Resources Inc. (NI) up 4.42, Splash Corporation (SPA) up 1.63, Cityland Development Corportion (CDC ) unchanged, Globe Telecom (GLO) up 0.6, MERALCO (MER) down 0.53, Aboitiz Transport (ATS) unchanged and Pepsi Cola (PIP)down 0.37. I was wrong in Meralco and Pepsi. I have 3 correct prediction out of 7 stocks (43%).
My predicted stocks that will go down the following day areAboitiz Power (AP) up 0.18, Semirara Mining (SCC) up 0.59, Union Bank (UBP) up 1.48, ABS CBN (ABS) down 0.89, International Container Corporation (ICT) up 1.22and HOLCIM Phils (HLCM) unchanged. I have 1 correct out of seven predictions (14%). Probably the holders of these stocks are expecting that the prices will still go up and don’t want to dispose their stocks at the present prices. I believe they are already overvalued
These are the bargain stock I am recommending a buy for tomorrow 28Oct2010. Semirara Mining Corporation, NiHao, Splash Corporation, Universal Robina Corp, Globe and Meralco. They are at bargain. The overpriced stocks are Aboitiz power corporation, Union Bank, International container corporation, ABS CBN, Holcim, Republic Cement and Security Bank.
. Among the stocks recommended previously I have better prediction of the stocks that will go up and poor in stock that will go down. That means it is easier to pick up bargain stock that predicting the down ward price of stock.