Friday, January 28, 2011

The Potential of PX and JGS

Philex Mining (PX) and JG Summit Holdings (JGS) have caught my attention as their graphs looked promising as of the moment. Both PX and JGS are at their current trend supports and with the talks of the market getting bullish yet again this coming February or March, it seems that both will be strengthening their supports and continue the trend.

Here are the graphs of PX and JGS. As of this writing PX is at 15.2 and JGS is at 19 flat.

Philex Mining (PX)


JG Summit Holdings (JGS)




PX has grown from nearly P2 in 2004 to roughly P10 to start 2011, a growth of about 400%. JGS on the other hand rose from barely a peso in 2008 to about P20 to start 2011, a whooping 2000% growth in just roughly 2 years. Should the trend continue, both PX and JGS offers some really good potential.

For long term investors and those who are planning to invest in the stock market, these two are worth some look.

*Please bear with the graphs. I will get better in time. =)

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