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6 pts

Opinion on Qiao Xing Universal Telephone Inc. (XING) Sector: Services > Industry: Communications Services
Bullish on XING ...

Aug 16, 2008 01:40 PM UTC

Marian Filo

Return	Risk
-31.45%	HIGH

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I was in and out of a 2 day play using LEAPS calls on XING and realized a 16.7% gain before commission in that short time. The stock is currently trading near a resistance and should shortly provide an option trade in one direction or the other. I'll look for a bullish trade if it breaks up through resistance or something bearish if it turns back down as it looks like it might.

XING: This call was made on 08/16/08 @ $5.01

Rating:	$5.01 (08/16/08)
Gain/Loss:	-58.48% in 111 days
Allocation:	0.0% of portfolio

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Qiao Xing Universal Telephone Inc. (XING)

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Opinion on Qiao Xing Universal Telephone Inc. (XING) Sector: Services > Industry: Communications Services Bullish on XING ...

Opinion on Qiao Xing Universal Telephone Inc. (XING) Sector: Services > Industry: Communications Services
Bullish on XING ...