China Unlimited

[Traderfan]

I'm amazed that you still can't see where it's going

RD, I heard that phrase a lot ever since the stock was at 1.50? The last time we had this discussion was right after the divi announcement when you guys predicted a fast move back to a buck and more. I think I did pretty well in the last 2 years to stay away here for the most part except doing some trades and then quickly taking profits whenever possible.

It was clear that there will be a spike once the distribution was announced. Nobody disagreed with this. Just as there was a spike on several occasions in the last 2 years.

As to the issue with the shares that are from a private Company. When SIAF had these big profits within their own stock and company nobody cared. So now I should believe that the market suddenly cares when it's at an outside spin off private company that you can't even sell your shares if you wanted to? Hardly. There is exactly one thing that might bring in some real momentum into this and that is if they announce a listing in Hongkong. Then yes this would be something different. And that is far far away as I'm concerned. If it ever happens.

Until then I'm sure we will see more spikes on occasions and I will play them accordingly just like I played most of these in the last 2 years. Yes the stock can go to 60 cents fast there is no denying of that, I simply asked what reason in the world would be there to see 60 cents TOMORROW as this was the statement.

RD, there is 2 sides in all these chinese stocks. The fictional side and the reality side. I prefer the reality side but I'm always open to see anything that would change my mind in any of these stocks.