Info and Opinions Needed

[Buster]

Info and opinions needed: (Birch?)

I just got a tip from a broker, that the time is ripe for huge gains in buying CHU Unicom (Hong Kong)...What if any or can anyone speculate about this stock?
http://www.google.com/finance?client=ob&q=NYSE:CHU

Thanks

 

[sdouglas3]

Re: Market Talk / Jun. 28th - Jul. 4th

Info and opinions needed: (Birch?)

I just got a tip from a broker, that the time is ripe for huge gains in buying CHU Unicom (Hong Kong)...What if any or can anyone speculate about this stock?
http://www.google.com/finance?client=ob&q=NYSE:CHU

Thanks

Hey Buster,

JMO, CHU on a daily chart at stockcharts has a lot of gaps. On the weekly chart it is above the 50 and 200 moving average. If you want the stock then I would buy it at a lower price. Looks like it needs to fill a gap at $12.25 on the weekly chart. Of course there is no idea when that will happen. The 50 day MA might be a good place to buy it ($14 or so). Something else, this stock will follow the China stock market so, watch what it does as well. Again, JMO Let us know if you buy it or not.

Steve

 

[Buster]

Re: Market Talk / Jun. 28th - Jul. 4th

Hey Buster,

JMO, CHU on a daily chart at stockcharts has a lot of gaps. On the weekly chart it is above the 50 and 200 moving average. If you want the stock then I would buy it at a lower price. Looks like it needs to fill a gap at $12.25 on the weekly chart. Of course there is no idea when that will happen. The 50 day MA might be a good place to buy it ($14 or so). Something else, this stock will follow the China stock market so, watch what it does as well. Again, JMO Let us know if you buy it or not.

Steve

Thanks Steve..

 

[Frixxxx]

First, I thought you were talking to yourself....second I thought, which do you want...Info or Opinions?

I think like Steve, My friend who predicted the serious drop last year (before it happened) had converted alot of NYSE to HS investments....He is now balancing his portfolio back into NYSE. He's telling me a correction is coming in Asia but he is predicting 10%....not the 30-40% some of the experts say are coming.

I called and he doesn't own any CHU now....he did last year though and made a few bucks.

Good luck!