Thursday, March 18, 2010

Trading on Wed

So after 12:30pm, I went to sleep. Luckily when I slept up at 3.45pm, the HK market went up further and SMIC has recovered back to HK$0.79. BTW I had 300 lots at ave of HK$0.778. My 100 lots of Global Bio-Chem also show a small gain closing at HK$2.04
( my ave cost is HK$2.038 ). Alibaba also closed at HK$17.20 for a small gain for me.
I have confident for SMIC as the chip stocks are showing gains in US, Korean and Jap market according to the CNBC reports. In fact...I also "Q" at HK$0.75 but didn't get any at that price. I aim to vest up to 500 lots....or more. Yeah....agreed it is a risky move to over-position my portfolio on one or two counters. I have thought about how to recover the 40+% loss but cannot come up with a good idea unless I "focus" on a couple of right stocks and go almost all out on them.

1 comment: