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An integrated telecommunications operator in China offering comprehensive range of telecommunications services, including cellular, international & domestic long distance, data & Internet services based on its advanced, uniform nationwide network system.
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carefulinvestor (39.42) Submitted: 10/25/06 10:33 PM : Start Price: $10.74 CHU Score: 41.23
Incredible underserved market in a fast growing economy. 12mo CF > debt. Limited competition (other than big MA). I may regret this later (if it keeps rising from here), but I'll buy shares on pullbacks from new high.
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carefulinvestor (39.42) Submitted: 11/19/06 11:29 PM
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Can you believe only one analyst covers CHU? In any case $10.50 provides nice support. If it holds, CHU will make a nice run. If it doesn't, the next support is around $9.50 (which is my stop loss).
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carefulinvestor (39.42) Submitted: 11/28/06 12:05 AM
Picked up shares via a $10.50 limit order during recent dip and already have a nice gain!
LovinMe (99.56) Submitted: 1/02/07 3:27 PM
indeed you do! keep in mind that part of it was aquisition-talk which came up nil.from what I can see on America's off day the rest of the world had a strong start to the year.I'm still thumbs up on CHU for long term, but my mind has a 78.36% expectancy of a pull back of 5% or more in the near future on CHU.you going to hold for long term gains? or do you day trade?
carefulinvestor (39.42) Submitted: 1/10/07 10:53 AM
Actually, CHU hit my trailing stop and sold at $14.20 for a very nice gain. I'm going to keep CHU on my CAPS outperform list for the long term, but I'd look to buy back in when CHU reaches the 50d MA, provided things still look favorable and they are able to participate competitively in the 3G market.You were right on the money about the 5% pull back, but a good pull back to buy in again will be much more than 5%. I am 82.395659% certain of it.
carefulinvestor (39.42) Submitted: 1/17/07 8:17 PM
CHU almost made the 50d MA, but not quite. I figure it will retest the recent low before moving higher.
carefulinvestor (39.42) Submitted: 2/22/07 4:48 PM
I may be wrong, but CHU seems to be forming a nice base along the 50d MA line and will take off from there if volume increases. I kept CHU on my CAPS holdings, but I sold it for real awhile back and have repurchased the shares.
carefulinvestor (39.42) Submitted: 3/23/07 12:10 AM
Will it break resistance at previous $13 support and the 50 d MA? I have a stop order to buy at $13.10. If CHU declines at open tomorrow, it won't be a good sign.I still think telecommunications in China is a good play - at least through summer 2008.
carefulinvestor (39.42) Submitted: 3/29/07 11:14 AM
Stop order to buy at $13.10 worked like a charm - up to $14.23 today. Will run 10% trailing stop, unless the TSL gets too high above the 50 d MA, then I may relax the TSL.
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