Online Stock Trading | Update on JRJC

Update on JRJC


Filed Under Market Commentary |

Take a look at my original post.

I would be taking some chips off the table at this point…20-25% after today’s move.  Since the close on 7/9 the stock has moved 67%.  Its time take some profits off the table, its wise unload shares in a rising stock.  Its sister stock BIDU has been doing fabulously and its a great sign that another stock is moving in the same industry.  However, even for BIDU, profits must be taken. 

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Comments

One Response to “Update on JRJC”

  1. Chartsetups.com on October 10th, 2007 7:48 am

    JRJC is actually not as overvalued as you may think, especially if subscriber growth to their stock services increases at more than the projected 20% growth….

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