CHINA WIRELESS COMMUNICATIONS INC (CWLC)


 

Penny Stock that was exploding at the time it was brought to my attention (67% jump on 2/17/06). A Denver company that is working contracts in China, the price jumps on announcements.

Jumped in on a contraction on 3/02/06, picking up 5,000 shares at 0.114 and 20,000 shares at 0.118.

We'll see how it plays out, my first true 'Penny Stock'.

This one has been up and down on frequent PRs. Bought another 10,000 shares at 0.085 on 3/14/06.

Sold 15,000 shares at 0.17 on 3/22/06. Nice little profit, as long as my $9.95 per trade pricing holds at Schwab (their basic trade pricing is $12.95 for the first 1,000 shares plus $.015 per share thereafter).

Bought 7,500 shares at 0.10 on 4/18/06.

 

 


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