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Ctrip up over 20%

Posted May 1, 2008

by Laura Cadden

Baltimore — (TFN): I’m delighted to see that (CTRP:NASDAQ) has been getting a lot of press lately.

TheStreet.com and The Motley Fool seem to love this stock as much as I do. Just last week, fool.com listed it as one of the “best investments available to ordinary investors.” (Read their article here.)

On April 4, I told you to the price would go up, “at LEAST 15% by the Summer Olympic’s Opening Ceremonies later this year. Get in now, use August 8 as your target sell date and you’re set.” (Read the full article here.)

The price was around $54 on that day. Today, Ctrip exceeded even our maximum projected target and hit 20% gains .

If your are a cautious investor, go ahead and take profits. But I’m in for bigger gains: Keeping $63 as a stop loss, I’m holding out for 30% or August 8—whichever comes first.

The choice is yours.

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Posted by Laura Cadden · Filed Under International Investing 

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