Wish all, have a very Happy Hari Raya. Don't be stress out by stocks. Spend more valuable time with family and friends.
What goes down would come up. Accidentally, I bought the China Hongxing today. After watching from the sideline for so long, after it has multiply 10 times, I finally decided to take the plunge. It is expensive in PE terms, but not relative to growth forecast aspect.
I am willing to ride out the volatility, limit on my exposure and wish it could really grow up as a dominant China sport player. Sometime we just need to pay a little bit for the good business economic/model. Pray and embrace for the unknown.
Wednesday, 19 December 2007
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2 comments:
so what is your target selling price for this stock?
no target price. Usually I hold until I think it is over valued and the business is not going to be good.
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