China Unlimited

[RealDutch]

Tony, I have much better opportunities. Not now, at 5 cents, but certainly when this thing trades at 15 cents +.

HERB is trading at 4% of book value, even less than CMGHF now. And they make a decent profit. There are lots of cheap China stocks out there. Why would I put more than 10% on CMGHF when the results are so poor? What makes you so sure that this story will turn around? First, you question whether the company is legit, and now you expect me to hold a 50% (or more) stake in this company? Why this sudden shift, is it because the stock was up 94% yesterday? I don't get emotional about these things.

That said, it's anyone's guess how HK will value this company. Or perhaps the shorts will beat it down to 3 cents, in which case I won't be selling.

NJM and I are both wondering why you don't let this stock ride or just set your sell signals to a level were you can retrieve your initial investment (say half of your shares on a double-bagger ) and then let your profits ride.

And what exactly have I been doing then? I had 1M shares, now I have 600,000 left. At 15 cents this will turn into $90,000. You think I'm fooking crazy and let it all run? WTF are you talking about?