What’s with CAL(Calata Corporation)?

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source: http://www.calatacorp.com/
After listing in the Philippine Stock Exchange(click here), Calata Corporation(CAL) has been doing good and has been getting attention specially after being in an uptrend amidst the downtrend for the past two weeks.

source: http://lifestyle.inquirer.net/
Also with the media exposure specially the story of its chairman, Joseph Calata(click here to read his story being a self made billionaire at 31), has open the possibility that young people like him can achieve what others dream about.

It has also been in the stock forums. CAL has been on the watch list of most stock traders and investors hoping to catch the trend and make money by buying in and selling out on the short term. 
We will definitely watch this stock as it grows. Will make a fundamental analysis and soon make a opinion on this stock.


Financial Freedom Advocate About the blogger

Louis Delos Angeles is a Certified Public Accountant, blogger behind Investing in Philippines, and author of Investing in Stocks: Preparing for the future small amount at a time. Check him out in Google+ Learn more about Louis and his financial freedom advocacy here.

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2 comments for “What’s with CAL(Calata Corporation)?

  1. Anonymous
    August 2, 2012 at 11:03 am

    bye bye calata.. if wasn’t for stock price manipulation, I might still buy calata.. but at the close today.. it is really depressing.. just like facebook IPO.. 5.7 (from 7.5), and also even hit 5.2

    • Anonymous
      August 2, 2012 at 8:37 pm

      Yeah its depressing i bet on it last month and now my portfolio is down by more than 40% wiped out my 2 yrs gains.. 🙁 although i cud see this is the best time to buy it ciz its cheap..

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