Posts Tagged ‘China Coal Plays’
SCLX Retraces More Than .20 from Recent High
Monday, April 19th, 2010Sino Clean Energy Inc. (OTCBB: SCLX)have retraced below $.80 after more than doubling from a low print of $.41 on Feb 26th to a recent high of $1.01. After following the stock closely for the past few months, I swore that I’d buy about 4,000 to 5,0000 shares if PPS would reverse back below $.80. Personally, I’m interested in accumulating a decent position – depending on how low itgoes – and holding my shares for the long-haul. I first learned of the company through an article on TheStreet.com back in early March entitled “Top China Coal Stocks”: Here’s what the author Rick Pearson had to say about SCLX:
SNWT: 10-Day Chart
