And I don't mean call as in options. China Mobile got butchered on the Hang Seng simply because Big Red (Chinese government) is delaying retail investors from entering the HS. So shares sank all the way down to 86+ this morning. I added more to my little position at 89.78. It may take some time, but China's economy, the use of cellphones to surf the net and online gaming are unparalleled. I think 89 is a steal at this point. The stock is trading far below its 10-day averages (SMA 99, EMA 97).
Ni hao ma!
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