China Growth Stocks

[derek2000]

CCME -

Just to illustrate that how far the things changed over the last few weeks:

One of my GTC sell orders, CCME at 11.60, got a partial fill of 400 shares this morning.

I acquired those shares below $8 about 3 weeks ago before the share buyback program. My sell order was set up to lock my shares from short sellers. At the time, the short was running rampant. They were predicting confidently that market would melt down, CCME would go to $3, and even $1, or maybe pennies.

Even as a long for CCME, I thought 11.60, or roughly 50% above my purchase price, was unreachable in short term.

Suddenly the world changed, market is up, and everyone starts to like CCME's price action.

Its a different world.