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July 29, 2006

China Technology Development Looks Ready for Rise

posted by MR WAVETHEORY at 7/29/2006 02:49:00 AM











China Technology Development (CTDC) is a stock that has risen from $1.50 at the beginning of the week to $3.15 at the close of the week. There is little news from the company, but all things China appear to be hot today. China stocks can make investors a fortune. Earlier during the year, China Technology Development traded as high as $14.50, also on no news. According to the SEC filings, the company is owned by the Beijing Municipal Government. Given the amount of speculation in China tech companies, I would not be surprised if it rose back to those levels.

Mr Wave Theory

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6 Comments:

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Did you notice SWAT
that stock is in rally mode
check SWAT (SWATW) out and let me know what you think

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