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Wednesday, October 10, 2007

Shengda Tech (SDTH) sold it

I had looked at Shengda Tech here less than two weeks ago and bought some. I sold it today at around $7.95 for a 20% gain. It might go up, it might go down. But this was where my confidence of intrinsic value was getting a bit thin.

UPDATE same day: and of course the stock closes the day at $8.40. Oh well.

when men wore hats

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