Have an appetite for risk ? look at Egypt

BATS:EGPT   VanEck Vectors Egypt Index ETF
Egypt is one of the hottest in the word, but ONLY for investors with strong stomach and appetite for extreme high beta the Egypt index dropped more than 50 % last year , mainly because of the "Arab Spring". For 2012 , it's up more than 30 % . Will it reach it's high of 2011 again, i don't know. The Egypt exchange is open on Sundays and currently up 2 % ( as per bloomberg).

So if you have an appetite for high risk , take a look at EGPT .


UPDATE: EGPT is up 4 days in row since I published this chart. At the current price , I expect some "turbulence", so I won't be surprised if we see some pull back, Target is still the same ( $15- $15.50)
look nice...