China Mobile Rolling Over ($CHL)

CHL 3.4($CHL): For the six months ended 30 June 2012, China Mobile Ltd. (ADR) revenues increased 7% to RMB266.53B. Net income increased 1% to RMB62.2B. The stock has been in a downtrend since January. A move below 54.15 and we will look at the March 55 puts.

 

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