Monday, July 09, 2007


Look at HK shares, ramming every records. Too bad I only keep track of Petroch.

Well, my next target is ICBC. It looks like the downtrend has been broken and the gap price has been closed.

I wanted to buy ICBC-C1 since it has given me a buy signal. But as ICBC-C3 is listed today and it is trading a 1 cent lower, I bought it instead as I think that it is mispriced by the market. Anyhow, I'm still looking for the formula to calculate the theorectical price of a warrant.

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