Friday, October 5, 2007

China Direct's action

CDS traded up 3 dollars to 11.85 on over 7 million shares. Did you miss that? Only if you missed this blog's tout of the stock Wednesday morning at $7.80. It traded down to $8.06 this morning, and then was picked up by a newsletter, and the stock screamed. Today China Natural Resources reversed, and it looks like the hot money that moved that stock from 10 to the high 40's, in a week is now looking for a new home. The PR continues Monday morning, when CDS rings the bell on the AMEX. And unlike Wall Street's market pimps, I give you the news before it happens.

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