I should’ve kept them..

I bought them when they were traded at $26/share. But then they were slowly going down - as low as $21/share. That’s when I panicked and sold all of my shares.

Now looks like they’ve regained their strength and are approacing $40/share. Yeah, letting them go was the biggest mistake I’ve ever made. The worst thing is, when I bought them, I KNEW they were going to go up a lot higher. But somehow I panicked when I saw the price was dropping and decided to sell all of my shares.

Ah well..

Quote of the Day:
I buy when other people are selling. - John Paul Getty

Biophan Technologies Inc. (Symbol: BIPH) develops technologies designed to make biomedical devices safe and image compatible with the magnetic resonance imaging (MRI) environment. They also develop surgical devices suc as catheters and guidewires, implanted medical systems such as pacemakers, and other devices such as stents to be safely and effectively imaged under MRI. Currently Biophan and its licensors hold a total of 144 US patents, licenses, or applications.

They recently just acquired MYOTECH, LLC - who is currently developing the first generation of MYO-VAD, a device designed to quickly restore cardiac output in patients suffering from many forms of heart failure (Read here). They velieve that the MYO-VAD devices has a great potential to generate $100 million in annual revenue for Biophan in approximately five years (Heh..Not too bad!)

Their outline of technological and financial strategy was recently published on Medical Technology Business Europe (Read here) - which I think you have to read before deciding whether to invest your money in this company or not.

Currently, they’re traded at $1.59/share. Their were once traded as high as $3.50/share. Judging from how crazy they fluctuate within the past 12 months, I’ll have to say they’re only good as a long-term investment.

Their technologies are still in testing phase. They haven’t started selling their products yet (so don’t expect to see their price/share go up through the roof anytime soon). However, if you want to invest in them, right now is definitely a good time to invest.

Recently, I’ve started paying more attention to bio-tech stocks. I realized that most of these biotech companies are not making a lot of money (yet) since most of them are still trying to perfect their technologies. I guess for the next few postings, you can expect to see a lot about the bio-tech companies

Quote of the Day:
If you can run one business well, you can run any business well. - Richard Branson

China Digital Communication Group (Symbol: CHID) is actually a US corporation based in Shenzen, one of China’s key manufacturing centers. They manufacture components for batteries used in mobile phones, digital cameras, PDAs, laptops, and other digital devices. Their main goal is to become the largest telecom-equipment producer, marketer, and distributor with a significant presence in the US market as well.

Recently they announced that they have entered a product test agreement with one of the US’ leading computer retailers and resellers of technology products and services. Based on the agreement, the retailer will see China Digital’s lithium ion batteries in 20 of its retail stores nationwide and its e-commerce website. Pretty good, heh?

China’s domestic mobile phone market is expected to increase in 2005 to 570 million units, up from 450 million in 2003; while the worldwide market will increase to 2.52 billion from 2.16 billion. In other words, this will benefit China Digital Communication Group since their domestic battery sales in China are expected to rise to $2.1 billion in 2005 (up $264 million from 2004).

The past three months (Oct’ 2005 - Dec’ 2005) the stock has been going crazy. I can’t really decide whether this would be a good short-term or long-term investment. The numbers are good (their net income increased by 478% and revenue increased by 242% year-over-year in Q3 2005), the prospect is great, and they are one of the leading companies in their industry in China.

I’ll let you decide on this one

Quote of the Day:
I don’t skate to where the puck is, I skate to where it’s going to be. - Wayne Gretzky