Monday, September 17, 2007
Position Update: FMCN
The long term story is great (advertsing in China), but this move may be a little excessive.
If you bought the stock, recently, you may want to book a profit and wait for a pullback.
However, if you are not a day trading fool, this is a keeper.
The Sept. 240's were up 270% today.
I remember the IPO... I think it came out at $30 or so?
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