Saturday, December 25, 2010

Pre Christmas Thoughts & Trading Activity

Bought 3 lots of SATS again at 2.80 last week.
During this whole week of light trading, it went back up till 2.86 before closing at 2.84 on friday afternoon.
I expect the interest in this stock to rise again once the holiday season is over after the recently concluded stake in TFK.

Slowly but steadily, Fuxing has been creeping back up to close at 0.175 on friday. The company recently announced that it will acquire 3 profit making companies which also helps in their vertical integration to become a fully integrated zip maker and to increase it profit base. With strong results reported months ago, together with its a strong financial position, I expect Fuxing to grow!

Lastly, Merry Christmas to all readers! Have a good one

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