irishred1 (63.01)

Next Pick For Focused Portfolio: CHL (China Mobile Limited)

October 22, 2009 – Comments (3) | RELATED TICKERS: CHL , FTWR

You learned from the last post that my investment strategy is focused value, regardless of where it is found.  My last position, fibertower (FTWR), is a very aggressive one.  I call it aggressive in that I am looking at higher risk higher reward.  I also hope to hold less aggressive value positions that offer the safety of principal while giving me a great return (and maybe even a dividend to sit on).  I've been waiting on CHL for a while, and I am comfortable buying it at <$48/share for a long term hold.

 Again, I know there are a lot of experts on this site and I'm not one of them, but just my two cents in case it helps the community.