ShareJunction

Both company will follow FerroChina to have better than expected profit earnings. Insider trading spotted at Synear and China Hongxin.

Accumulation has been going on at Synear from $2.29 to $2.34. Day trading will force the price to go down to $2.29/$2.30 before shooting back up to $2.35 near closing.

China Hongxin buying has been spotted at $1.25 to $1.30. After a recent high of $1.45, price retreat till $1.28 and this would result in some small buy ups and accumulation.

Both stocks are the few top S-Chips which is worth to keep for long. Stay vested! Laughing

Joined: 19 Apr 2005 Posts: 674

Detected:

Morgan Stanley buying in China Hongxin

Joined: 20 Apr 2007 Posts: 2547

Both are buying into consumer play for beijing Olympics...china hongxin sports propose a 5 for 1 stocksplit in Mar 07 and planned to open 600 more stores in 2007 and 2008..accumulate both now