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Re: None

Friday, 01/18/2008 3:32:11 AM

Friday, January 18, 2008 3:32:11 AM

Post# of 785
NSOMNIYAK CHALLENGE:

Here's mine.

As was the case for PSL5, PSL6 and PSL7, I am exclusively China. I realize it is pushing the envelope, but then picking ANYTHING right now is pushing the envelope IMO.

My universe of China stocks to pick from were limited to the 61 stocks in the ChVMC08 (see bottom).
Since these stocks are all similar in terms of issues relating to qualifying for the index - nano/micro China stocks with specific limitations on market cap, PE, dollar volume, etc, the SINGLE most important remaining variable is the chart. I rated every one of them by the chart - (generally meaning) the bigger the drop, the better. That reduced it to roughly 15 or so. I then looked at PE to help eliminate a couple more. Finally, I looked at the business each is in, the Revenue Growth Rate and the Financial Condition of the company.

That got me to the final six I chose.

                 FIN.   Rev   Mkt  
Name Chart PE Cond. Grwth Cap SOS Float Business
SORL Good 12 Good 35% 118M 18M 7M Auto Parts
CAAS Good 19 Good 43% 151M 24M 4M Auto Systems and Components
CAGC Good 6 VG 32% 59M 24M ?? Fertilizer
CHME Good 6 EXC 68% 32M 15M 7M Pharma Distributor
DSWL Good 9 VG 17% 91M 16M ?? Rubber and Electronics
TSTC Good 9 Good 40% 47M 10M 6M Wireless Communications

ChVMC08 QUALIFICATIONS

China Stock
No Pinks
Minimum of 40 cents
Less than $340M market cap
Maximum PE 28
Maximum SOS 73M
Minimum $300K trading volume over most recent 3 months ($5,000 per day).

AAAC.OB ADY AIDA.OB CAAS CAGC.OB CBEH.OB CCGY.OB CDS CEUA.OB CFSG CHBT.OB CHCG.OB CHGS.OB CHME.OB CHNG.OB CHRN.OB CIWT.OB CKGT.OB CNEH.OB CNOA.OB CPHI.OB CPLY.OB CPSL CRTP.OB CSKI.OB CSXB.OB CTFO.OB CVDT.OB DSWL EESC.OB ETLT.OB FFHL FUQI GBT GFRE.OB GSI HHGM.OB HQS JNGW.OB JST KONG LTUS.OB MHJ NOEC NWD ORS SGTI.OB SGZI.OB SKBI.OB SNEN.OB SORL SUOT.OB TBV TBYH.OB TNRO.OB TSTC UTVG.OB WATG WWMU.OB XING XNYH.OB





Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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