I have just purchased 3000 shares of 3888. Basic this is a good company with increasing EPS for the last 3 years. ROE of around 16%, with increase in sales for last 3 years. The stock have recently had a big rise from the 1st base with a high of 34.60. Profit taking happen, a second base is almost complete. It is forming a short double bottom base 6 week, I brought the shares when it broke out from the middle peak of double bottom with good volume during noon time. In summary, this is a purchase of a sound company in the middle of a 2nd stage base.
Article by Macao Millionaire Doctor
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