Monday, October 8, 2007

STV - China Digital TV Holding

No! That's not my pick, though at first glance the numbers look quite good!

But, I am just amazed how this Chinese Tsunami has taken the market by storm. This one started trading yesterday and opened today around 30 and shot up to 40! Wow!

Will keep an eye though, once the IPO volatility settles, might give it another look. But by that time it might shoot to 60, who knows about these guys!

On the other front, not much to report. Saw how CRNT is being butchered by the analysts.

I am keeping an eye on NVTL - Novatel Wireless, had good news and an upgrade today. This one is also one of my watchlist stocks.

Cheers!
Lazy

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