The market seems fatigue after recent surge. I have decided to lock in the profits of the key holdings ahead of the FOMC meeting at the end of this month.
Transactions for today:
Sold:
ChinaSports 100,000 @ $1.82, Realised Profit = $47,000
Jiutian 250,000 @ $0.66, Realised Profit = $27,500
(Still have 50,000 bonus warrants yet to be traded)
China Energy 20,000 @ $1.60, Realised Profit = $4,400
Sum invested = $256,840
Cash holding = $379,289
Realised profit = $136,129 = 27.23%
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