Reading Time: < 1 minute Last night (Oct 24 10 PM, Shanghai time) I bought some Longtop (NYSE:LFT) shares at its IPO debut. I think this is more like “gold rush”, not something a rational investor would usually do. After I bought it at opening ($27), the stock gapped down as low as $23.25 (see the pattern here?). But it… Continue reading Speculating on Longtop Financial
Tag: speculation
My investing journey III: 2004 to 2005
Reading Time: 2 minutes After I got some moderate success on OPSW and GE in early 2004. I got a bit excited. If I could use one word to summerize what I did my acitivies on stocks in those two years, it’s speculation. I did all kinds of speculations, luckily I did not get into really dangerous zone: margin,… Continue reading My investing journey III: 2004 to 2005