Hongchang International Company Ltd (HCIL)

[riskanalyst]

Well it will have to explode w/out me. I got out completely at end of Friday. I was looking for the big one to be this quarter. I have no handle on their expenses and they implied in one of their PR's the growth rate for revs was slowing. The hair surrounding the company was a bit too much for me to take the larger positions I generally like. The company does not have a big enough moat to stay in it that long for me. I just don't see a compelling reason to stay with their product. I could be completely wrong, especially since I thought the company would make 1.9-2.2 cents. Given my belief that the market is overall getting a bit rich, I'm looking for things with some safety valves built in or at least have some uniqueness built in. Good luck.