Thursday, August 23, 2012

Sold Fushi Copperweld, Inc.

I sold my position in Fushi Copperweld, Inc. (Ticker: FSIN) today at $9.03 generating a net gain of 4.46% over a 55 day period (~29% annualized return). It’s one of those going private China plays and I didn’t want to get too greedy. It’s a good return and it’s time to move on…


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