Replies to post #2592 on Simple TA by Wizetradr

[Transat 5]

Feeling a little guilty cos I haven't posted a pick.
I still feel bad at having got out of this at $4.00.
But take a look.
GIGM - not sure if this will come up - chart http://stockcharts.com/h-sc/ui
A thing of beauty !!
I think this is a pretty good $ hedge.
Income is mainly derived from Asia. (They are into on line gambling and have the only? on line mah jong game).
So although its quoted in $ its income is derived outside tha US.
When the Feds made an example of some Brits, last year re selling on line into the US GIGM made it cleaar they didn't derive income from the US.
Posting because its still steaming away and the board is looking at higher $ stuff.
Bit like the battery bunny?!!