Friday, September 10, 2010

Bookkeeping: A Small Touch of Spreadtrum Communication (SPRD) Added

A limit order to buy back some Spreadtrum Communication (SPRD) just hit at $11.07 ... this is only a 0.7% exposure.  Still having a hard time getting a handle on how this name trades as the jump from $10 to $12.50 in essentially 3 trading sessions caught me looking.  The 50 day moving average is all the way down near $10 so I am hoping for a retrace to this level to reload.

Fun fact... there has only been one down day for the S&P 500 in the month of September thus far.

Long Spreadtrum Communications in fund; no personal position


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