Posted:
#1
Just for the hell of it post your top stock pick for 2007 and we'll follow up at 3, 6, 9, and 12 mos to look at returns on the stock. Include the current price when you post your pick.
My pick is KONG which closed at 9.76 on 12/29
Admittedly I found this stock in a google search and it was the Motley Fool forum's pick as top stock for 2007. After taking a closer look I see why. Trading at less than 13 x earnings it is a relatively cheap growth stock in an emerging marketplace. Tomorrow I will sell most if not all of my PWEI and add this stock to my portfolie. Here's a brief summary of the company from yahoo.
KongZhong Corporation, together with its subsidiaries, provides wireless interactive entertainment, media, and community services to mobile phone users in the People’s Republic of China. It also engages in the development, distribution, and marketing of consumer wireless value added services. The company offers its services through 2.5G technology platforms, including WAP, MMS, and Java that offers graphics, content, and interactivity wireless services. In addition, it provides various data and voice services through 2G technology platforms, such as SMS, IVR, and CRBT. The company’s interactive entertainment services include mobile games, pictures, karaoke, electronic books, and mobile phone personalization features, such as ringtones, wallpapers, clocks, and calendars. Its media services provide content, such as domestic and international news, entertainment, sports, fashion, lifestyle, and other special interest areas.
0
I did say short it last wk didn't I? 
Hot Forum Topics
