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Trading ADY: Sino gets 72million shares at $0.042

Discussion in 'Shares' started by wdongli, 29th Mar, 2011.

  1. wdongli

    wdongli Well-Known Member

    Joined:
    31st Mar, 2010
    Posts:
    1,292
    Location:
    Perth
    It is a significant event to ADY that Sino Investment & Holding would be issued 72 millions ADY shares at $0.042 for $3million around.

    1. SINO becomes a substantial and the largest shareholder of ADY
    2. It could mean the worst since GFC to AMD just finished.

    I bought it at $0.008 in Oct 2010 which is equal to $0.04 after the consolidation of its share price. I am happy to see this development and believe all of necessary damages to ADY have been actualized since GFC.

    It is still a dirty-cheap fish. I would continue to update my mind so that I could use the leverage function for profit while trying to filter the falling knife effect of the dirty-cheap fishes out of my portfolio; and use the good black swan to get the low probable but high positive consequences events to serve my market objectives.

    [​IMG]

    ADY goes!