AI
Wednesday, November 04, 2009 8:11:01 PM
Yep...rotated out of a lot of China Stox, but when it comes to CHGS I am LETTING IT RIDE!
Steel production was at record levels in China during the 3rd quarter months. I'm not dumping my CHGS into those fundamentals even if the stock goes up 20% in a day.
I played GTI the same way, and they only benefit from China steel collatorally. Plus, precision abrasives are coming on. Plus there is a good chance CHGS will execute a reverse merger & uplist in the next several months.
Nothing is a sure thing, but there are so many GOOD things going for CHGS that odds favor a fully weighted long position. Bet the most when odds favor success!
Steel production was at record levels in China during the 3rd quarter months. I'm not dumping my CHGS into those fundamentals even if the stock goes up 20% in a day.
I played GTI the same way, and they only benefit from China steel collatorally. Plus, precision abrasives are coming on. Plus there is a good chance CHGS will execute a reverse merger & uplist in the next several months.
Nothing is a sure thing, but there are so many GOOD things going for CHGS that odds favor a fully weighted long position. Bet the most when odds favor success!
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