CNTF - a Chinese stock - is perking up.
Swimmer
Wednesday, September 26, 2007
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3 comments:
I have been average down on CNTF for a while now. I am glad it is finally starting to go up.
Do you have any entering/exit price range on CNTF?
I also own other China play like KONG and MPEL. What is your take on them?
Thanks,
-Dennis.
same here,
are you recommending to buy CNTF?.
First of all, thank you for visiting my blog and leaving comments.
Dennis,
Chinese stocks had a nice run, a lot of them actually overbought. CNTF is in the list, but overbought stock can keep going up for a while, if you sell it now, you may regret. The better strategies are (1) Sell half of your position to lock your profit, and keep the other half and let it run; (2) Put a stop loss underneath, if it keep running up, everyday move up your stop loss limit. Same thing for KONG and MPEL.
If you didn't buy CNTF, KONG and MPEL earlier, I don't recommend to buy them now. My spreadsheet (search engine plus neural net selection program) shows a few good candidates, I will issue them soon.
semsons, same recommendations for you, does that make sense to you?
Thanks again,
Swimmer
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