I couldn't do anything with the Olympics announcement because I was out of town.
I wish I'd been here late last week to see the CBQI Ask at .19. That may be the best opportunity we'll see. But who knows, maybe the selling will continue.
I picked up on another China stock today: TNTU. It's OTC, but with some great deals and strong backing. It's up about 300% over the past two months on strong business results and new deal announcements. At the moment, I'm just watching and will continue my research.
Good news that the 8-KA will be out soon. That should be an interesting read and provoke some discussion, thoughtful and otherwise.
As for the overall market, opinions are mixed, of course. I found a recent quote from that Swonk gal at Bank One pretty interesting. She says that inventories have been pretty much sold down. Companies will need to ramp up production soon. You also have to like the current inflation rate, which provides plenty of room for the Fed to lower rates further.
On the other hand, all of the layoffs can't help consumer confidence. And the global economy is pretty iffy. We'll see.