Today chance met with a prepared mind to create *luck.*
The first week of this month I sold CPBY, FEED and CSR. Yes, all three are companies from China. I decided it was time to sell because I believe the Chinese markets are due for a correction and that as small caps they might have exhausted themselves. That left me one Chinese company, CGA. I’ve had my eye on them and thought it a good candidate for further investment. I decided to take a portion of the money from the sale of the previously mentioned three and double my position in CGA. That was the first time I have taken such a bold action. Man, am I glad I did it. As I type this CGA jumped 20.12% for the day for a gain of 38% for the last four weeks! I know that many of you have gone through this kind of thing before but it is still pretty new for me so pardon the dance in the in zone.
I thank my fellow Fools for all the advice, guidance and good humor that makes investing fun and profitable.