Tuesday, December 05, 2006

 

See ya later, TSTC

Up 0.3 percent today. I sold my remaining 600 shares of TSTC. The stock made a big move today along with many other "China" stocks. While I was impressed with TSTC's momentum, especially towards the end of the day, I usually think it best to sell a stock that moves up 25 percent on no news. Even a cursory look at the 2 year chart for TSTC suggests that the stock has never been able to hold a large gain, so hopefully I will be able to buy my shares back in the low $4 range.

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