My quest for information

Lately, I've been trying to look more into foreign stocks. And my biggest qualm is not being able to find out enough information about them. It all started a few days ago, when Aluminum Corp of China (ACH) plummeted from $103 (previous closing price) to about $97 (where it opened the next morning). I hate not knowing what's happening with my companies. I searched news sites all over for a reason in the decline. Google's Finance told me that Chalco (ACH's nickname) had an electrolytic aluminum project that had been commissioned. Doesn't sound too terrible, and it certainly didn't warrant the 5% drop in share price.

Unfortunately for you, the reader, that search went in vain. I found nothing other than the electrolyte project. But it got me thinking. How are people supposed to invest internationally if they can't even find out information about the company?

--side story--

A long time ago, I told myself that I would never pay for investment research ( - an outright refusal, actually). Information is so prevalent these days, what's the point? And finally after my ACH search went completely in vain (hours during my work day spent searching the web), I decided to see if the Fool had a good international newsletter to buy. It does. The Motley Fool International Stock Report, which gives you 14 "superior investments to super charge your portfolio!" for $59. That's only $4 per stock tip. Anyway, the international stock report is not too shabby. I would suggest it for those who want international diversification, but just can't find any good information on the companies.

--

Anyway, long story short, I never found out why Chalco's shares got dumped. But as an example of "I live what I preach," I bought more shares when it fell some more to $94. And judging by before the bell activity, I'd say those shares are up to around $97. It's all in the strategy and the confidence in your company. Because remember, you originally bought shares in a company for a reason.