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Alcorn Gold (APM) stock surges 300% in 2 weeks

How much did you earn from Alcorn Gold Resources (APM)?

In the past two weeks, this has been the common conversation topic among jockeys, tsupiteros, and speculative stock traders. True enough, if you were able to join the speculation bandwagon, your APM stock would have already given you huge profits.

During last Friday’s trading, APM closed at P0.075 — a 317% price increase in the past two weeks alone.

Manny Pangilinan to buy Philippine Airlines (PAL)?

Manny V. Pangilinan (MVP) is on a buying spree.
Through his holding firm Metro Pacific Investments Corp. (MPI), MVP acquired the following:

telecommunication company PLDT in 1988;
water concessionaire Maynilad in 2006;
the Manila North Tollways in 2008;
the Philippines’ largest mining company Philex in 2009
power distribution company Meralco in 2009;
hospital Makati Medical Center in 2009;
broadcast network ABC5 (now TV5) also in 2009

Now it appears that MVP wants to add in this portfolio another company that is significant to most Filipinos. Rumor has it that he is already in talks to buy the country’s flag carrier, Philippine Airlines or PAL.

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Pinoy Money Talk