that's the million dollar question john.. therea re so many opportunity out there with low pe.. some as low as 4 or 5.. last year or two years ago I had a few (ETLT and CXTI to name a few) where PE is 1-2 range.. and they both ran away.. pure fraud.. cooking the books.. what a waste.. just like Bush said.. fool me once shame on you, fool me twice shame on ...
for now I'm left with just a few chinese stocks (e.g. AOB, HQS, AWRCF etc) that I have bought a while back. not planning to add new chinese stocks until I don't see much opportunity inside US anymore (or till the chinese stocks numbers started to become more reliable, which I know is probably not going to happen).
Nonethelss, I'm still intrigued with NWD and how far it slide since the $1.6 and above. and tempted to pick up some but haven't seen any compelling reason yet.
and also looking into CKGT.OB again (I used to own this as well)
also looking into CSKI but haven't pull the trigger yet.
Stan