Adding to ShengdaTech
posted on: November 06, 2007
| about stocks:
SDTH
Tuesday morning I decided to add modestly to my position in (SDTH) at $6.70. The stock has continued to creep downward toward its 50 day moving average on light volume, and nothing has changed in my fundamental opinion that the company is undervalued and has strong growth prospects. I may continue to add at these levels.
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