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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CHOU never die

CHOU never die

2 posters

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1CHOU never die Empty CHOU never die Fri Aug 12, 2011 8:57 pm

ha_na


Manager - Equity Analytics
Manager - Equity Analytics

Any falling share has to do one of two things. That is it has to die or recover. Latter is true for CHOU. it was 115 at the end of 2005 and 7.75 at 2009. Loss of about 95% of value. But it never dies but to recover.

This is a share exempted form post war bull run. This share is in my radar since last December and continually profited 6 to 7 time with swing trade. It had one exceptional quality: strong support around 19 and if any how it broken it is a falls breakout and price come to range readily. Other is the reliability: To say if you bought at 19 you can sell it around 21 whiting 5-6 days. Any share who build a strong base about long time can breakout anytime. What happened to CHOU now is this bull run, I hope.
happy trading

2CHOU never die Empty Re: CHOU never die Sat Aug 13, 2011 7:08 pm

rocksan

rocksan
Manager - Equity Analytics
Manager - Equity Analytics

Is this a good company? do they have stability What i see from the financials this is a loss making company even if it is reduced the loss compare to last year


correct me if i am wrong

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