“The way to learn to do things is to do things. The way to learn a trade is to work at it. Success teaches how to succeed. Begin with the determination to succeed, and the work is half done already.” -Benjamin Franklin

Perfect World

Perfect World Co., Ltd. (NASDAQ: PWRD), publishes free-to-play, online games and provides online services in North America. The Company primarily publishes three-dimensional, or 3D, online games based on the Perfect World proprietary Angelica 3D game engine and game development platform. Perfect World Entertainment’s goal is to provide North American users with perfectly polished gameplay, exceptional localization, the highest quality customer service, and an unparalleled online community experience. For more information on Perfect World Co., Ltd. visit http://www.pwrd.com

Date Transaction Type Stock (Symbol) Qty Price Commision Total Gain (Loss)
10/13/2009 SELL Perfect World (PWRD) 25 39.86 (7.00) 989.50 97.44

PWRDChart2Why I Bought: I thought it was at a good buy point. It is in a growing industry, Massive Multiplayer Online Gaming, in an extremely fast growing economy, China. It is also expanding internationally and looks to be taking hold in the US.

Why I sold: PWRD was acting somewhat volitile, then began to slide. On 10/12 some news came out that caused PWRD to drop, and I had a stop loss set at $40.00 and was stoped out on 10/13/2009. However right after I sold it regained $40.00. I still like the stock and will monitor it for a new buy point.