Actions Semiconductor Co. (ACTS)

[fcpgalltheway]

Hey CA, glad to see a poster here. To tell you the truth I noticed this stock just a fews weeks ago among a special list of Chinese stocks. What made me jump was the fact that in 3-4 months it had doubled, and more.

I also noticed the assets that it possesses and there is plenty of assets in CASH.I have not paid too much attention to other details about this stock for the moment because I am fully invested in the stock of another company--FCPG--and I simply cannot do anything about further investments. But you should look carefully at all those assets.

One more thing relating to trading activity. This is not really an actual share of stock that is being traded, instead this is an ADR which is the term used for foreign companies traded on US exchanges. But also, in response to your fear about lack of trading activity, you must remember that each ADR is made up of 6 shares of common stock. So when you pay 3.20 for one ADR you are really getting 6 shares of common. So on a day like today with 200,000 ADRs traded it is really 1.2 million shares that are changing hand. That is my interpretation.