China Growth Stocks

[derek2000]

CCME - Short squeeze is only part of the story. I, for one, bought CCME on its way down, and added on its way up. Although bulk of my purchases were between 9.4 to 7.6, my latest purchases were at 11.4, and 14.88. I think Bradford bought quite a bunch too. Not to mention Joe (although he traded in/out more often.)

CCME was a great at PE 3, and remains a tremendous value today with a PE 7. Now the risk factor are great reduced, there is a high possibility that CCME's PE ratio will expand into 12 to 20 within next few weeks. A rational investors should add at 16 when he sees a good possibility that stock is going to 25 to 45.


"When you see a stock trade up like this day after day, it's not because investors are buying this stock. It's because short sellers are forced to buy this stock. No rational investor piles into a streaking stock like this- the shorts are being bought in, and killed. "