China Technology Development Looks Ready for Riseposted 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