Good returns from Viropharma Inc. (VPHM). On October 16, 2007 VPHM looked attractive at 9.57; today at 13.80 that investment shows a 44% gain in just under 12 months.
I'm happy with these results especially in rough markets. At this time, I don't see much upside potential, time to sell.
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Thursday, September 25, 2008
Wednesday, September 03, 2008
FMCN Displays a Good Chart
Chart patterns seem to attract my attention. FNCM has formed a double bottom with support at 23 and broke above its 50 day moving average on August 15. I consider these actions a positive sign.
Focus Media Holding Limited (FMCN) operates out-of-home advertising network using audiovisual digital displays in the People's Republic of China.
Pluses at this time are:
Focus Media Holding Limited (FMCN) operates out-of-home advertising network using audiovisual digital displays in the People's Republic of China.
Pluses at this time are:
- Volume at approximately 3.26 million average shares/day
- P/E is at 19 (slightly high for my taste)
- Current price at 55.8% below the 52 week high
- Steady earnings increase since '04
Trading today at 29.59, FMCN may be a stock worth taking a second look.
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