China Growth Stocks

[derek2000]

CSR -

CSR is a great company.

I made some nice dough when the stock went from ~$5 to ~$26 in year 2007. Then I re-entered the stock on its way down, was doing OK the second time until the financial meltdown in Oct 2008 wipe out all my prior CSR profits.

One problem with CSR was its toxic financial deal with Citadel, which gave Citadel the incentive to short the stock. The Citadel deal is gone now through a painful dilution to the stock two month ago. Another is the whole GAAP/non GAAP earning reporting mess (still persists)

When this earning report mess is gone (hopefully sometime in next qtr or so,) CSR can start flying again.

I still have a small stake in CSR, but I do not expect big gains until next qtr or so.