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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (37277)11/2/2010 10:35:39 AM
From: Madharry  Read Replies (2) of 78753
 
I have established a decent position in chinese tile maker china ceramics ccltf for today. They announced that they have been approved to list on nasdaq and their symbol will change tomorrow.
They also filed with the sec over the weekend that they intend to raise another $30 million by selling shares so that may keep the lid on for awhile. However, at a p/e ratio of 2-3 times, hedge fund investors, and anticipated growth, I chose not to wait.

finance.yahoo.com
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