CDII Green Shoots (Up)

My portfolio continues to out-perform even though 20% is in cash. Helped today by CDII making an inexplicable 31% move. Two other Chinese stocks also went way up, QXM +6% and newbie CMED +7%. I did buy UTA as mentioned over the weekend at $7.90. TC was up 4% and is now up 179% for me. Oh, I forgot, my other newbie, UEPS was up 16%.

Now I know that many of these stocks are in the high beta category and might fall as fast as they have risen. But I do sleep at night.

My musings about the mysterious 17% move for HCKT last Friday was answered as it immediately dropped down 10 cents even though this was a good day. Looks like the late week activity was rumor-based.

Since China is on my mind (sorry Georgia) here is how my hypothetical Chinese portfolio from September 2008 is faring (wich I had put my money in it!)... though I still maintain that many stocks on the list are still "cheap" including CHCG, QXM, WH, KHD, CDII and CMED. I sold my ADY thinking it might pull back, but no such luck. I view all of these stocks (with the possible exceptions of STP and XIN) as MFI-style stocks.

Stock	Purchase	Current	Pct Change
CHCG.OB	1.40	1.06	-24%
QXM	3.49	3.85	10%
XING	2.86	2.05	-28%
CAST	2.82	5.92	110%
KHD	21.00	8.50	-60%
ADY	10.42	38.00	265%
WH	7.98	4.67	-41%
AOB	7.24	5.02	-31%
TBV	1.18	2.87	143%
CSKI	10.74	14.35	34%
STP	43.53	17.21	-60%
XIN	2.14	7.16	235%
PSOF	2.74	5.20	90%
CDII	1.52	1.64	8%
CMED	21.32	21.89	3%
IWV	73.09	55.24	-24%
0.184132		-
Average Change			43%