Thursday, October 25, 2007

CYD - Bought 1,000 @ $12.75

Picked up final position in CYD when it jumped 5% out of gate. My rule is to add as the price goes up 2%. So, I now have 100% position and am up 13% on holdings. I believe new found interest comes from CYD improving corporate goverernence, PR , as well as China's >11% gdp confirmed last night. All supportive of a Chinese engine company like CYD.

No comments: