InvestorsHub Logo
Followers 3
Posts 126
Boards Moderated 0
Alias Born 05/17/2009

Re: ratobranco post# 34559

Saturday, 03/20/2010 2:27:59 PM

Saturday, March 20, 2010 2:27:59 PM

Post# of 94785
Rato,

FUQI --- I sold for a loss also. I bought AH just before the lawsuits were announced and sold a few minutes after open for a cool 10% loss. I didn't want to argue with the shorts based on the following criteria:

1) Chinese company
2) Accounting irregularity
3) Lawsuit(s)
4) High short interest

I didn't want to wait around on the shorts to blink. I could be waiting a long time. In fact, they could escalate leaving me with an even larger loss or the option to raise my "investment" stake in a company with accounting irregularities and lawsuits. As the say in poker, play the man and not the cards.

ImOuttaHere

The net of paradox is 4.984%...Q1 goal is 13.1776% increase...Net margin is 8.88% of rev for 2010...
JUMP!!!

BSG Cylon Hybrid

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.