TAlk about bottom fishing! WPSC is at rock bottom prices now. Looks like a good stock to trade back and fourth. Steel will bounce back pretty hard my old man told me by March.
I made around $40K trading AKS this year. Buying at $7 and under and selling for a quick 8-12% pop. Did this four times and then got into CMT and tied up my trading money for a while(Cmt dropped big time) Finally I was able to cut some of my losses and Sold cmt and then bought CYD @ 8.30. I wish would have just stayed with AKS and did that back and fourth I could have done that 6 more times and god knows how much money I would have made.
Your portfolio is incomplete. Try buying some TSM ad WMT and NINE. Most of the stocks in your portfolio look technically weak---especially CYD. Long term CYD is still a buy so long as the commies don't Mess it up.
I disagree. Put your eggs in one basket and watch the basket.
CYD will be a winner, despite my frustration at the moment. China will increase the number of cars from 20 million to 120 million over the next few years. Enter CYD. Patience my friend! This is a basket to add more to and watch it grow!!!
Thanks for the suggestions I did own Walmart before but I'm more of a bottom fisher and like falling knifes and NINE seems at a good level for an entry point. I may pick up some shares once I'm done doing some DD and watching the stock for some time.