Seeking Alpha

jsIRA's  Instablog

jsIRA
Send Message
Lejun James Shao is the founder of www.myIRAs.net (http://www.myIRAs.net/), WhitePine Investment Inc of USA, and CEO of WhitePine Software Inc, Beijing, China. He was the top finisher in MSN's 1st US One Million Dollar Investment Contest, "Strategy Open Tournament," with a +45.88%... More
My company:
www.myIRAs.net
My blog:
jsTRA's Blog
  • GCI - Another Break-Out 0 comments
    Oct 1, 2009 2:44 AM | about stocks: GCI
    In my August 27 post, I introduced one of our Core Holdings: GCI - the largest US newspaper publisher.

    After one month of our post, the company announced that its Q3 earnings, excludes one time items, will be in $0.39 - $0.42 range, far more than the $0.28 average estimated.

    As a result, the stock had another break-out:



    We first bought it at $4.22 after its first break-out and still holding. Now we have near 200% return on our investment in just few months.

    Disclosure: our fund holds long position on GCI.
    Themes: newspaper Stocks: GCI
Back To jsIRA's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • JNUG - gained 25% last Friday, bought at 3.26 and sold 4.10 and bought JDST before close at 21.43.
    Nov 16, 2014
  • TWTR - hugt return on option play. Sell 42 put and 54 call Oct 31 options, net 1.98 and now worth 0.20 per contract. return 800% in one day
    Oct 28, 2014
  • will also buy YGE, PLUG at open. YGE way oversold.
    Oct 13, 2014
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.