China watch list

Quote from stonedinvestor:

Raised numbers again! I don't know Kaliman91 it might be step off time. I noticed a portal play missed numbers today-- was it SINA? I forget... My own personal (hope-based) valuation for CHINA was $14 but we have to take market conditions as a factor as well as similar type stocks missing.... Then again it could clear major resistance... then again it may gap up and roll over... I'm more confused than usual on this name....
More...

Yeah they raised the guidance...
"CDC expects to post sales between $307 million and $308 million, roughly 26 percent more than the year before. In January, the company told analysts to expect revenue between $303 million and $307 million. Wall Street expects $304.8 million, according to an analyst survey by Thomson Financial.
CDC expects adjusted earnings between $34.3 million and $35 million, higher than its previous forecast of $32 million to $33.3 million, and more than twice what the company reported in 2005.

For the fourth quarter, CDC anticipates revenue between $87.2 million and $88.2 million, versus $62 million in the year-ago period. Wall Street is looking for $85.1 million."

I jumped in early just trading this hoping for a nice intra day run. Not sticking around long though.
 
CTEL

WHat are your thought on this China telecom. I had it on my watchlist for awhile but this recent run up caught my eye. Although its strange when asked about the recent runup from under 2 bucks to 7 they siad they had no idea? Seems alittle shady to me. I am just sitting back and watching for now but its interesting none the less.
 
GIGM Update> *From Professional Chart Reader
> GIGM: Has come out of a 3-month base, it’s moving steadily higher from the Jan low, and is currently in a 4-day flag pattern, just beneath the Sept multi-year highs. Promising pattern, long-term chart indicates the possibility that this stock could be a double from here intermediate to longer-term. But first has to take out 12 ½-.55 resistance from the Sep high. Promising chart, good pattern, support around 10 ¾-11.

... Did I hear a double from here?
 
I mentioned NWD 2 weeks ago it was sitting around 1.54. The last week this has really moved up. Volume has been down down down for 2-3 weeks but has turned around lately and has moved this thing back up to 1.69.
This should really continue moving up till Q4 earning in March. I definetly see 2.15 in this. Some people are calling 2.50+ i dont see it but i wouldnt complain.
I have been doing my best to buy as much as i can into the earning and get my pps down.I first jumped in @ around 1.80 but have been able to DCA it down to 1.71 over the last month or so.
Keep on eye on it!
 
I took 1/2 of a position (100 shares) in LFC this evening at 45.97 AH. It is sitting just above it's 15 day MA and not far from it's 50 day MA (44.09) that should provide solid support. If it drops close to the 50 day, I will add there.

There are rumors that it will be added to the HK index next week which, if true, should provide a pop. Very good risk / reward in my opinion.
 
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