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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (7818)6/23/1999 8:16:00 AM
From: Richard TsangRead Replies (1) of 118717
 
Re: First Pacific (142), got 4000 shares last night at HK$6.65 (day order was for 6.80). Boom.com didn't give me the best price of 6.55, nor push the 6.80. At current ex rate of 7.73, my cost is US$.86.

The stock closed at (all HK$) 6.90, up from 6.65 two days before. Bid and ask were 6.85 and 6.90, high 7.05 low 6.55. Vol = 12.2 mil shares. Not bad for a flat day in HK (HS down 29 or.21%).

The portfolio is up 70% with 11 stocks as of last night. My mom should be smiling! Looking to add China Telecom after cashing in some high flying redchips and tech stocks.

RT

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