Gotta love it when a specific sector or story gets hot. Alternative energy, nanotechnology, internet, India, and China...when the frenzy starts, just find anything to do with the sector and jump on for the ride. I went big on CDC Corp (symbol--CHINA) when the market opened today. Worked out great. Good trading.
I made it a point to check out CTDC this morning pre-opening. Was waiting to for it to make a small pull back to around 5.50 and I was ready to do a major 'mon back having the chinese stock explosion from a couple years ago still fresh in my mind. The SOB never let up and quickly ran to 7 then 8 and I said foget about it..I missed the boat. Oh well.
What a bunch of horseshit for nasdaq to halt trading for the purpose of finding out why it went up so much and the high volume. Can't they do that while the stock is still trading? I had no position but it still pisses me off a bit.